FORZA X1 INC (FRZA) Technical Analysis
NASDAQ:FRZA • US34988N1046
Current stock price
FRZA Technical Rating and Analysis
Taking everything into account, FRZA scores 2 out of 10 in our technical rating. FRZA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 96% of all other stocks performed better in the past year than FRZA.
- FRZA is one of the lesser performing stocks in the Leisure Products industry. 67% of 32 stocks in the same industry do better.
- FRZA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FRZA is lagging the market.
- In the last month FRZA has a been trading in the 0.21 - 0.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
FRZA Weekly and Daily overview Charts
FRZA Setup Rating and Analysis
The technical rating of FRZA 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
FRZA Support and Resistance Analysis
0.26
2 important resistance areas can be observed.
- Resistance @0.32 from a trend line in the daily time frame.
- Resistance @0.35 from a trend line in the daily time frame.
FRZA Technical Indicator Signal Analysis
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 FRZA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FRZA is neutral. |
| ChartMill Relative Strength | 4.97 | NEGATIVE | FRZA has a low relative strength, it was outperformed by 95.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FRZA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FRZA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FRZA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.72 | NEUTRAL | The RSI value for FRZA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FRZA has a negative trend. |
| Stochastics (14,3) | 26.74 | NEUTRAL | The Stochastics value for FRZA is a neutral value. |
| Average True Range in percent/ATR (20) | 13.83 | HIGH VOLATILITY | The high ATR as a percentage value for FRZA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.79 | NEGATIVE | The low ADX value for FRZA suggests a weak or negative trend. |
FRZA Chart- and CandleStick Pattern Analysis
FRZA Technicals: Chart, Performance Metrics, Trend & Indicators
0.2601
-0.02 (-8.09%)
FORZA X1 INC / FRZA TA FAQ
Can you provide the ChartMill technical rating for FORZA X1 INC?
ChartMill assigns a technical rating of 2 / 10 to FRZA.
What is the current trend direction of FORZA X1 INC (FRZA) stock?
The current trend direction for FORZA X1 INC (FRZA) is Bearish.
Can you provide the RSI signal for FORZA X1 INC?
FORZA X1 INC (FRZA) has an RSI value of 43.719. This indicates that the stock is currently neutral.
What is the short term momentum for FRZA stock?
The short term momentum for FORZA X1 INC (FRZA) is neutral.