FREELINE THERAPEUTICS HOLDIN (FRLN) Stock Technical Analysis
NASDAQ:FRLN - Nasdaq - US35655L2060 - ADR - Currency: USD
Overall FRLN gets a technical rating of 8 out of 10. Although FRLN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: FRLN has an average volume of 18472 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
FRLN is one of the better performing stocks in the Biotechnology industry, it outperforms 72% of 571 stocks in the same industry.
When compared to the yearly performance of all other stocks, FRLN outperforms 46% of them, which is more or less in line with the market.
FRLN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FRLN is lagging the market.
In the last month FRLN has a been trading in a tight range between 6.36 and 6.49.
Besides having an excellent technical rating, FRLN 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 6.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.45, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FRLN in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.51
6.83
We found 2 important support areas.
- A support zone ranging from 6.32 to 6.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.55 to 3.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @6.48 from a horizontal line in the daily time frame.
- A resistance zone ranging from 6.76 to 6.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.8
Mansfield1.45
10 Day High6.49
10 Day Low6.39
20 Day High6.49
20 Day Low6.36
52 Week High8.7
52 Week Low2.11
Performance
1 Week0.78%
2 Weeks0.78%
1 Month1.25%
3 Month29.08%
6 Month47.27%
12 Month-23.58%
2 Year-59.25%
3 Year-97.1%
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
RSI(14)61.01
LBB6.4
UBB6.5
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 |
|---|---|---|---|
| 6.49 | 6.38 | 0.11 (1.69%) | 25.00% |
| An entry @6.49. This is a Buy Stop order right above the resistance zone. | An exit @6.38. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.11 points, which is 1.69%. | For a 0.42% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
6.48
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0%
1 Week0.78%
2 Weeks0.78%
1 Month1.25%
3 Month29.08%
6 Month47.27%
12 Month-23.58%
2 Year-59.25%
3 Year-97.1%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.56%
ATR Inc-58.35%
Range Today0.01
ADR(20)0.03
ADR(20)%0.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.8
Mansfield1.45
10 Day High6.49
10 Day Low6.39
20 Day High6.49
20 Day Low6.36
52 Week High8.7
52 Week Low2.11
CS1 End6.45
CR1 Start6.48
Volume & EV
DER(3)0.66%
DER(5)3.38%
Volume5.60K
Volume Incr304.06%
Vol(5)21.88K
Vol(50)18.47K