FORESIGHT AUTONOMOUS-SP ADR (FRSX) Stock Technical Analysis
NASDAQ:FRSX - Nasdaq - US3455232039 - ADR - Currency: USD
We assign a technical rating of 0 out of 10 to FRSX. FRSX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
92% of all other stocks performed better in the past year than FRSX.
FRSX is part of the Automobile Components industry. There are 81 other stocks in this industry, of which 91% are performing better than FRSX.
FRSX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so FRSX is lagging the market.
In the last month FRSX has a been trading in the 0.52 - 0.76 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
FRSX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.57
0.72
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.71 to 0.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for FRSX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FRSX is down. |
| ChartMill Relative Strength | 8.7 | NEGATIVE | FRSX has a low relative strength, it was outperformed by 91.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FRSX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FRSX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FRSX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.88 | NEUTRAL | The RSI value for FRSX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FRSX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.31 | NEUTRAL | The Stochastics value for FRSX is a neutral value. |
| Average True Range in percent/ATR (20) | 10.58 | HIGH VOLATILITY | The high ATR as a percentage value for FRSX suggests high volalility. |
| Average Directional Index/ADX (14) | 20.52 | NEUTRAL | The ADX value for FRSX suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.579
+0.01 (+1.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg1.58%
1 Week-7.27%
2 Weeks-12.19%
1 Month-14.6%
3 Month-35.23%
6 Month-11.47%
12 Month-47.36%
2 Year-74.61%
3 Year-88.26%
5 Year-88.51%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%10.58%
ATR Inc-48.21%
Range Today0.04
ADR(20)0.06
ADR(20)%10.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.7
Mansfield-3.37
10 Day High0.74
10 Day Low0.52
20 Day High0.76
20 Day Low0.52
52 Week High2.63
52 Week Low0.52
CS1 EndN/A
CR1 Start0.71
Volume & EV
DER(3)-11.07%
DER(5)-8.84%
Volume130.30K
Volume Incr148.57%
Vol(5)289.44K
Vol(50)128.49K