FREYR BATTERY INC (FREY)

US35834F1049 - Common Stock

2.89  +0.16 (+5.86%)

After market: 2.9201 +0.03 (+1.04%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to FREY. Both in the recent history as in the last year, FREY has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
FREY is one of the better performing stocks in the Electrical Equipment industry, it outperforms 92% of 89 stocks in the same industry.
FREY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FREY is performing more or less in line with the market.
In the last month FREY has a been trading in the 1.55 - 3.36 range, which is quite wide. It is currently trading near the high of this range.
FREY has an average volume of 4726010 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 FREY is one of the better performing stocks in the market, outperforming 97% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Weekly and Daily overview Charts
FREY Weekly chart
FREY Daily chart
Setup Rating and Analysis

3

Although FREY 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.

Support and Resistance Analysis

1.78

3.07

When analyzing the support we can see 2 important areas.

  • Support @2.57 from a horizontal line in the daily time frame.
  • Support @1.80 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 3.04 to 3.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.26
Mansfield5.91
10 Day High3.36
10 Day Low1.8
20 Day High3.36
20 Day Low1.56
52 Week High3.36
52 Week Low0.91
Performance
1 Week-4.62%
2 Weeks61.45%
1 Month57.92%
3 Month189%
6 Month77.3%
12 Month68.02%
2 Year-67.2%
3 Year-68.17%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.07
RSI(14)66.32
LBB1.31
UBB3.44
FREY Daily chart

FREYR BATTERY INC

NYSE:FREY (1/3/2025, 8:04:01 PM)

After market: 2.9201 +0.03 (+1.04%)

2.89

+0.16 (+5.86%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg5.86%
1 Week-4.62%
2 Weeks61.45%
1 Month57.92%
3 Month189%
6 Month77.3%
12 Month68.02%
2 Year-67.2%
3 Year-68.17%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%10.12%
ATR Inc-21.96%
Range Today0.21
ADR(20)0.27
ADR(20)%9.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.26
Mansfield5.91
10 Day High3.36
10 Day Low1.8
20 Day High3.36
20 Day Low1.56
52 Week High3.36
52 Week Low0.91
CS1 End2.57
CR1 Start3.04
Volume & EV
DER(3)2.72%
DER(5)-2.12%
Volume3.18M
Volume Incr19.55%
Vol(5)3.93M
Vol(50)4.73M