FORTREA HOLDINGS INC (FTRE) Stock Technical Analysis
NASDAQ:FTRE - US34965K1079 - Common Stock
10.69 USD
+0.68 (+6.79%)
10.7 USD
+0.01 (+0.09%)
Overall FTRE gets a technical rating of 8 out of 10. In the last year, FTRE was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
FTRE is part of the Life Sciences Tools & Services industry. There are 55 other stocks in this industry. FTRE outperforms 83% of them.
In the last month FTRE has a been trading in the 5.82 - 11.07 range, which is quite wide. It is currently trading near the high of this range.
FTRE has an average volume of 2190870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that FTRE is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this relatively good performance is mostly due to a recent big move.
FTRE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FTRE is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although FTRE has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.58
10.80
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 | NEUTRAL | NEUTRAL | The long term trend for FTRE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTRE is up. |
| ChartMill Relative Strength | 84.45 | POSITIVE | FTRE has a high relative strength, it outperformed 84.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FTRE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FTRE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FTRE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 82.12 | OVERBOUGHT | The high RSI value suggests FTRE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests FTRE has a positive trend. |
| Stochastics (14,3) | 91.95 | OVERBOUGHT | The high Stochastics value suggests FTRE may be overbought. |
| Average True Range in percent/ATR (20) | 6.53 | HIGH VOLATILITY | The high ATR as a percentage value for FTRE suggests high volalility. |
| Average Directional Index/ADX (14) | 37.72 | POSITIVE | The high ADX value value for FTRE suggests a strong 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)
10.69
+0.68 (+6.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg6.79%
1 Week19.04%
2 Weeks35.49%
1 Month62.96%
3 Month102.46%
6 Month0.09%
12 Month-46.79%
2 Year-62.61%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%6.53%
ATR Inc53.8%
Range Today0.77
ADR(20)0.65
ADR(20)%6.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.45
Mansfield-2.12
10 Day High11.07
10 Day Low7.4
20 Day High11.07
20 Day Low5.82
52 Week High25.28
52 Week Low3.97
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-1.53%
DER(5)-1%
Volume2.58M
Volume Incr16.59%
Vol(5)2.27M
Vol(50)2.19M