FASTLY INC - CLASS A (FSLY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FSLY - US31188V1008 - Common Stock
Taking everything into account, FSLY scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FSLY is showing a nice and steady performance.
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
7.18
We found 5 important support areas.
- Support @10.41 from a horizontal line in the daily time frame.
- A support zone ranging from 8.27 to 8.37. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 7.79 to 7.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @7.56 from a trend line in the weekly time frame.
- Support @7.25 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @11.67 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 | 92.54 | POSITIVE | FSLY has a high relative strength, it outperformed 92.54% 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) | 62.05 | NEUTRAL | The RSI value for FSLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests FSLY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.9 | NEUTRAL | The Stochastics value for FSLY is a neutral value. |
| Average True Range in percent/ATR (20) | 6.98 | HIGH VOLATILITY | The high ATR as a percentage value for FSLY suggests high volalility. |
| Average Directional Index/ADX (14) | 34.26 | POSITIVE | The high ADX value value for FSLY suggests a strong trend. |
11.66
-0.22 (-1.85%)
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 9 / 10 to FSLY.
What is the current trend direction of FASTLY INC - CLASS A (FSLY) stock?
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 62.053. This indicates that the stock is currently neutral.
What is the MACD signal for FSLY stock?
The MACD indicator for FASTLY INC - CLASS A (FSLY) has a value of 0.0378212, indicating a bearish trend.
Can you provide the buy/sell signal for FASTLY INC - CLASS A?
The buy/sell signal for FASTLY INC - CLASS A (FSLY) is buy as both the short term and long term trends are positive.