FASTLY INC - CLASS A (FSLY) Stock Technical Analysis
NYSE:FSLY - New York Stock Exchange, Inc. - US31188V1008 - Common Stock - Currency: USD
Taking everything into account, FSLY scores 0 out of 10 in our technical rating. FSLY'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
69% of all other stocks performed better in the past year than FSLY.
FSLY 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 FSLY has a been trading in the 6.29 - 7.42 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
FSLY has an average volume of 2496840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FSLY is an average performer in the IT Services industry, it outperforms 60% of 82 stocks in the same industry.
The technical rating of FSLY 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
6.29
7.38
We found 1 important support area.
- A support zone ranging from 6.35 to 6.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 6.87 to 6.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.15 to 7.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 FSLY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FSLY is down. |
| ChartMill Relative Strength | 31.72 | NEUTRAL | FSLY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FSLY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FSLY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FSLY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.1 | NEUTRAL | The RSI value for FSLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests FSLY has a negative trend. |
| Stochastics (14,3) | 14.7 | OVERSOLD | The low Stochastics value suggests FSLY may be oversold. |
| Average True Range in percent/ATR (20) | 4.07 | MEDIUM VOLATILITY | The ATR as a percentage value for FSLY suggests some volalility. |
| Average Directional Index/ADX (14) | 13.44 | NEGATIVE | The low ADX value for FSLY 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)
6.47
+0.11 (+1.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg1.73%
1 Week-11%
2 Weeks-9.51%
1 Month-8.23%
3 Month-15.76%
6 Month-36.07%
12 Month14.11%
2 Year-72.8%
3 Year-30.8%
5 Year-93.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%4.07%
ATR Inc39.86%
Range Today0.14
ADR(20)0.25
ADR(20)%3.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.72
Mansfield-1.98
10 Day High7.43
10 Day Low6.29
20 Day High7.43
20 Day Low6.29
52 Week High12.08
52 Week Low4.65
CS1 End6.35
CR1 Start6.87
Volume & EV
DER(3)3.85%
DER(5)2.02%
Volume2.13M
Volume Incr10.72%
Vol(5)2.22M
Vol(50)2.50M