NASDAQ:FOXX - Nasdaq - US3516651045 - Common Stock - Currency: USD
Overall FOXX gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, FOXX is a bad performer.
Besides having an excellent technical rating, FOXX also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 5.91. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for FOXX in the last couple of days, which is a good sign.
3.96
3 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 |
---|---|---|---|
5.92 | 4.92 | 1.00 (16.89%) | 5.92% |
An entry @5.92. This is a Buy Stop order right above the resistance zone. | An exit @4.92. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.00 points, which is 16.89%. | For a 1.00% total portfolio risk, you can invest 5.92% of your capital in this trade. |
5.6
-0.3 (-5.08%)