FRESH TRACKS THERAPEUTICS IN (FRTX) Stock Technical Analysis
NASDAQ:FRTX - US10802T2042 - Common Stock
0.79 USD
-0.02 (-2.48%)
0.77 USD
-0.02 (-2.53%)
Overall FRTX gets a technical rating of 1 out of 10. 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.
90% of all other stocks performed better in the past year than FRTX.
FRTX is one of the lesser performing stocks in the Biotechnology industry. 62% of 542 stocks in the same industry do better.
FRTX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month FRTX has a been trading in the 0.76 - 0.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FRTX has a bad technical rating, but it does show a decent setup pattern. 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.
More info and screens
0.62
0.94
When analyzing the support we can see 4 important 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. |
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)
0.79
-0.02 (-2.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.48%
1 Week-8.25%
2 Weeks-9.85%
1 Month-4.76%
3 Month-19.39%
6 Month9.72%
12 Month-42.75%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%6.47%
ATR Inc67.69%
Range Today0.11
ADR(20)0.05
ADR(20)%6.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.37
Mansfield-2.8
10 Day High0.94
10 Day Low0.78
20 Day High0.94
20 Day Low0.76
52 Week High3.14
52 Week Low0.45
CS1 End0.78
CR1 Start0.89
Volume & EV
DER(3)-5.74%
DER(5)3.32%
Volume101.20K
Volume Incr-45.54%
Vol(5)43.46K
Vol(50)55.90K