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's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
96% of all other stocks performed better in the past year than FRSX.
FRSX is one of the lesser performing stocks in the Automobile Components industry. 96% of 80 stocks in the same industry do better.
FRSX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month FRSX has a been trading in the 0.45 - 0.59 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Although the technical rating is bad, FRSX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.46
0.55
When analyzing the support we notice one important area.
- Support @0.46 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.49 to 0.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.51 from a trend line in the daily time frame.
- A resistance zone ranging from 0.54 to 0.54. This zone is formed by a combination of multiple trend lines 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 | 4.94 | NEGATIVE | FRSX has a low relative strength, it was outperformed by 95.06% 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) | 42.88 | NEUTRAL | The RSI value for FRSX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FRSX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.57 | NEUTRAL | The Stochastics value for FRSX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.75 | HIGH VOLATILITY | The high ATR as a percentage value for FRSX suggests high volalility. |
| Average Directional Index/ADX (14) | 18.21 | NEGATIVE | The low ADX value for FRSX suggests a weak or negative 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)
0.489
-0.01 (-2.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-2.63%
1 Week-8.43%
2 Weeks-1.21%
1 Month-8.73%
3 Month-18.64%
6 Month-63.23%
12 Month-51.34%
2 Year-84.48%
3 Year-86.39%
5 Year-94.71%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%8.75%
ATR Inc-37.74%
Range Today0.03
ADR(20)0.04
ADR(20)%8.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.94
Mansfield-4.25
10 Day High0.59
10 Day Low0.45
20 Day High0.59
20 Day Low0.45
52 Week High2.63
52 Week Low0.45
CS1 End0.46
CR1 Start0.49
Volume & EV
DER(3)-7.74%
DER(5)-4.1%
Volume207.90K
Volume Incr-9.71%
Vol(5)491.78K
Vol(50)357.81K