Forest Road Acquisition Corp Cl A (FRX)
Taking everything into account, FRX scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. FRX was also a bad performer in the overall market in the last year.
97% of all other stocks performed better in the past year than FRX.
FRX 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 FRX is lagging the market.
In the last month FRX has a been trading in the 9.79 - 12.34 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
FRX has an average volume of 1363920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
FRX has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
9.80
12.13
When analyzing the support we notice one important area.
- Support @9.90 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 12.01 to 12.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.44
Mansfield-7.88
10 Day High12.34
10 Day Low9.8
20 Day High12.34
20 Day Low9.8
52 Week High100.88
52 Week Low9.72
Performance
1 Week20.12%
2 Weeks15.83%
1 Month20.48%
3 Month17.07%
6 Month-87.27%
12 Month-78.91%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.17
RSI(14)84.14
LBB9.27
UBB11.47
Forest Road Acquisition Corp Cl A
NYSE:FRX (6/25/2021, 7:04:01 PM)
After market: 11.95 -0.05 (-0.42%)12
+0.78 (+6.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg6.95%
1 Week20.12%
2 Weeks15.83%
1 Month20.48%
3 Month17.07%
6 Month-87.27%
12 Month-78.91%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.43
ATR(20)%2.81%
ATR Inc
Range Today0.98
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High12.34
10 Day Low9.8
20 Day High12.34
20 Day Low9.8
52 Week High100.88
52 Week Low9.72
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.96M
Volume Incr99.46%
Vol(5)2.95M
Vol(50)1.36M