FASTLY INC - CLASS A (FSLY) Technical Analysis
NASDAQ:FSLY • US31188V1008
Current stock price
FSLY Technical Rating and Analysis
Overall FSLY gets a technical rating of 8 out of 10. In the last year, FSLY was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month FSLY has a been trading in the 20.68 - 34.82 range, which is quite wide. It is currently trading near the lows of this range.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that FSLY is one of the better performing stocks in the market, outperforming 98% of all stocks.
- FSLY is part of the IT Services industry. There are 89 other stocks in this industry. FSLY outperforms 96% of them.
- FSLY has an average volume of 16728500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- FSLY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FSLY is lagging the market.
- Considerably lower volume is observed in the last couple of days.
FSLY Weekly and Daily overview Charts
FSLY Setup Rating and Analysis
FSLY has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 24.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.21, a Stop Loss order could be placed below this zone.
More info and screens
FSLY Support and Resistance Analysis
20.74
When analyzing the support we can see 3 important areas.
- A support zone ranging from 23.07 to 23.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 21.72 to 21.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.95 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 24.40 to 24.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @26.56 from a horizontal line in the daily time frame.
FSLY 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 | UP | POSITIVE | The long term trend for FSLY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FSLY is neutral. |
| ChartMill Relative Strength | 98.65 | POSITIVE | FSLY has a high relative strength, it outperformed 98.65% off all stocks 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) | UP | MIXED | The current price of FSLY is below 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) | 46.06 | NEUTRAL | The RSI value for FSLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.62 | NEGATIVE | The MACD value suggests FSLY has a negative trend. |
| Stochastics (14,3) | 27.98 | NEUTRAL | The Stochastics value for FSLY is a neutral value. |
| Average True Range in percent/ATR (20) | 13.17 | HIGH VOLATILITY | The high ATR as a percentage value for FSLY suggests high volalility. |
| Average Directional Index/ADX (14) | 22.91 | NEUTRAL | The ADX value for FSLY suggests a possible start of a new trend. |
FSLY Chart- and CandleStick Pattern Analysis
FSLY Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 24.83 | 23.06 | 1.77 (7.13%) | 14.03% |
| An entry @24.83. This is a Buy Stop order right above the resistance zone. | An exit @23.06. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.77 points, which is 7.13%. | For a 1.00% total portfolio risk, you can invest 14.03% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of FSLY. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FSLY Technicals: Chart, Performance Metrics, Trend & Indicators
23.76
-1.2 (-4.81%)
FASTLY INC - CLASS A / FSLY TA FAQ
What is the ChartMill technical rating of FASTLY INC - CLASS A (FSLY) stock?
ChartMill assigns a technical rating of 8 / 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.
Can you provide the RSI signal for FASTLY INC - CLASS A?
FASTLY INC - CLASS A (FSLY) has an RSI value of 46.0601. 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 -0.615928, indicating a bearish trend.
Can you provide the support and resistance levels for FASTLY INC - CLASS A?
FASTLY INC - CLASS A (FSLY) has a support level at 23.21 and a resistance level at 24.4. Check the full technical report for our detailed analysis of FSLY support and resistance levels.