FORZA X1 INC (FRZA) Stock Technical Analysis
NASDAQ:FRZA - US34988N1046 - Common Stock
0.2601 USD
-0.02 (-8.09%)
0.262 USD
+0 (+0.73%)
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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
96% of all other stocks performed better in the past year than FRZA.
FRZA is part of the Leisure Products industry. There are 31 other stocks in this industry, of which 80% are performing better than FRZA.
FRZA 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.
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.
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
0.26
0.35
When analyzing the resistance we notice 2 important areas.
- Resistance @0.32 from a trend line in the daily time frame.
- Resistance @0.35 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 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. |
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)
0.2601
-0.02 (-8.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg-8.09%
1 Week-21.16%
2 Weeks-15.83%
1 Month20.03%
3 Month-32.32%
6 Month-43.46%
12 Month-59.36%
2 Year-84.33%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%13.83%
ATR Inc-13.11%
Range Today0.03
ADR(20)0.03
ADR(20)%12.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.97
Mansfield-4.99
10 Day High0.35
10 Day Low0.26
20 Day High0.35
20 Day Low0.21
52 Week High0.7
52 Week Low0.17
CS1 EndN/A
CR1 Start0.32
Volume & EV
DER(3)-3.72%
DER(5)-2.79%
Volume351.80K
Volume Incr33.67%
Vol(5)157.84K
Vol(50)292.04K