FASTLY INC - CLASS A (FSLY) Stock Technical Analysis
NASDAQ:FSLY • US31188V1008
Taking everything into account, FSLY scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, FSLY has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, FSLY did better than 96% of all other stocks. We also observe that the gains produced by FSLY over the past year are nicely spread over this period.
- FSLY is one of the better performing stocks in the IT Services industry, it outperforms 96% of 87 stocks in the same industry.
- FSLY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FSLY is lagging the market slightly.
- In the last month FSLY has a been trading in the 7.87 - 20.27 range, which is quite wide. It is currently trading near the high of this range.
- FSLY has an average volume of 8834230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
Although FSLY has an excellent technical rating, it does not offer a high 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
6.35
We found 3 important support areas.
- A support zone ranging from 16.91 to 17.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @7.86 from a horizontal line in the daily time frame.
- Support @6.41 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for FSLY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FSLY is up. |
| ChartMill Relative Strength | 96.79 | POSITIVE | FSLY has a high relative strength, it outperformed 96.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FSLY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FSLY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FSLY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.12 | OVERBOUGHT | The high RSI value suggests FSLY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.62 | POSITIVE | The MACD value suggests FSLY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.52 | NEUTRAL | The Stochastics value for FSLY is a neutral value. |
| Average True Range in percent/ATR (20) | 8.58 | HIGH VOLATILITY | The high ATR as a percentage value for FSLY suggests high volalility. |
| Average Directional Index/ADX (14) | 40.06 | POSITIVE | The high ADX value value for FSLY suggests a strong trend. |
18.15
+0.48 (+2.72%)
FASTLY INC - CLASS A / FSLY FAQ
What is the ChartMill technical rating of FASTLY INC - CLASS A (FSLY) stock?
ChartMill assigns a technical rating of 10 / 10 to FSLY.
Can you provide the trend direction for FASTLY INC - CLASS A?
The current trend direction for FASTLY INC - CLASS A (FSLY) is Bullish.
What is the RSI signal for FASTLY INC - CLASS A (FSLY) stock?
FASTLY INC - CLASS A (FSLY) has an RSI value of 73.1225. This indicates that the stock is currently overbought.
What is the MACD signal for FASTLY INC - CLASS A (FSLY) stock?
The MACD indicator for FASTLY INC - CLASS A (FSLY) has a value of 0.618415, indicating a bearish trend.
What is the short term momentum for FASTLY INC - CLASS A (FSLY) stock?
The short term momentum for FASTLY INC - CLASS A (FSLY) is positive.