FORESIGHT AUTONOMOUS-SP ADR (FRSX) Stock Technical Analysis
NASDAQ:FRSX • US3455232039
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.
- 99% of all other stocks performed better in the past year than FRSX.
- FRSX is part of the Automobile Components industry. There are 41 other stocks in this industry, of which 92% are performing better than FRSX.
- FRSX is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month FRSX has a been trading in the 0.79 - 1.14 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.
- Considerably lower volume is observed in the last couple of days.
The technical rating of FRSX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.79
We found 1 important resistance area.
- Resistance @1.37 from a trend line in the daily time frame.
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 | 1.7 | NEGATIVE | FRSX has a low relative strength, it was outperformed by 98.3% 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) | 24.61 | OVERSOLD | The low RSI value suggests FRSX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FRSX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 6.63 | OVERSOLD | The low Stochastics value suggests FRSX may be oversold. |
| Average True Range in percent/ATR (20) | 9.74 | HIGH VOLATILITY | The high ATR as a percentage value for FRSX suggests high volalility. |
| Average Directional Index/ADX (14) | 47.91 | POSITIVE | The high ADX value value for FRSX suggests a strong trend. |
0.8
-0.04 (-4.76%)
FORESIGHT AUTONOMOUS-SP ADR / FRSX FAQ
What is the technical rating for FRSX stock?
ChartMill assigns a technical rating of 0 / 10 to FRSX.
What is the trend direction for FRSX stock?
The current trend direction for FORESIGHT AUTONOMOUS-SP ADR (FRSX) is Bearish.
What is the RSI signal for FRSX stock?
FORESIGHT AUTONOMOUS-SP ADR (FRSX) has an RSI value of 24.6137. This indicates that the stock is currently oversold.
What is the MACD signal for FRSX stock?
The MACD indicator for FORESIGHT AUTONOMOUS-SP ADR (FRSX) has a value of 0.0131517, indicating a bearish trend.
Can you provide the short term momentum for FORESIGHT AUTONOMOUS-SP ADR?
The short term momentum for FORESIGHT AUTONOMOUS-SP ADR (FRSX) is negative.