Taking everything into account, FRES scores 0 out of 10 in our technical rating. FRES scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
99% of all other stocks performed better in the past year than FRES.
FRES is one of the lesser performing stocks in the Biotechnology industry. 88% of 566 stocks in the same industry do better.
FRES is currently making a new 52 week low. This is a very bad signal. FRES is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month FRES has a been trading in the 0.73 - 1.51 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: FRES has an average volume of 24369 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.