FRESH TRACKS THERAPEUTICS IN (FRTX) Stock Technical Analysis
USA - NASDAQ:FRTX - US10802T2042 - Common Stock
Taking everything into account, FRTX scores 1 out of 10 in our technical rating. FRTX'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.
Although the technical rating is bad, FRTX does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for FRTX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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We found 4 important support areas.
- Support @0.78 from a horizontal line in the weekly time frame.
- Support @0.76 from a horizontal line in the daily time frame.
- A support zone ranging from 0.65 to 0.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.63 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.89 to 0.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.93 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for FRTX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FRTX is neutral. |
| ChartMill Relative Strength | 10.37 | NEGATIVE | FRTX has a low relative strength, it was outperformed by 89.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FRTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FRTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FRTX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.18 | NEUTRAL | The RSI value for FRTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FRTX has a negative trend. |
| Stochastics (14,3) | 33.37 | NEUTRAL | The Stochastics value for FRTX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.47 | HIGH VOLATILITY | The high ATR as a percentage value for FRTX suggests high volalility. |
| Average Directional Index/ADX (14) | 21.3 | NEUTRAL | The ADX value for FRTX suggests a possible start of a new trend. |
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-0.02 (-2.48%)
FRESH TRACKS THERAPEUTICS IN / FRTX FAQ
Can you provide the ChartMill technical rating for FRESH TRACKS THERAPEUTICS IN?
ChartMill assigns a technical rating of 1 / 10 to FRTX.
What is the current trend direction of FRESH TRACKS THERAPEUTICS IN (FRTX) stock?
The current trend direction for FRESH TRACKS THERAPEUTICS IN (FRTX) is Bearish.
What is the RSI signal for FRTX stock?
FRESH TRACKS THERAPEUTICS IN (FRTX) has an RSI value of 39.1844. This indicates that the stock is currently neutral.
What is the MACD signal for FRTX stock?
The MACD indicator for FRESH TRACKS THERAPEUTICS IN (FRTX) has a value of -0.00280482, indicating a bearish trend.