FRESHWORKS INC-CL A (FRSH)
US3580541049 - Common Stock
Overall FRSH gets a technical rating of 6 out of 10. FRSH has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
FRSH has an average volume of 4536950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, FRSH turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
FRSH is an average performer in the Software industry, it outperforms 43% of 280 stocks in the same industry.
FRSH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FRSH is lagging the market.
In the last month FRSH has a been trading in the 14.96 - 17.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, FRSH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 15.32, a Stop Loss order could be placed below this zone.
More info and screens
10.93
17.19
3 important support areas can be observed.
- A support zone ranging from 15.32 to 15.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.25 from a horizontal line in the weekly time frame.
- Support @11.04 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 16.17 to 16.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.61 to 17.02. 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
CRS57.53
Mansfield-0.82
10 Day High17.32
10 Day Low14.96
20 Day High17.66
20 Day Low14.96
52 Week High23.93
52 Week Low10.81
Performance
1 Week-5.3%
2 Weeks-3.11%
1 Month-3.34%
3 Month38.99%
6 Month25.3%
12 Month-32.31%
2 Year8.09%
3 Year-39.45%
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)-0.24
RSI(14)51.48
LBB15.11
UBB17.46
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 |
|---|---|---|---|
| 16.24 | 15.31 | 0.93 (5.73%) | 17.46% |
| An entry @16.24. This is a Buy Stop order right above the resistance zone. | An exit @15.31. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.93 points, which is 5.73%. | For a 1.00% total portfolio risk, you can invest 17.46% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of FRSH. Please evaluate whether better entry and exit points can be found.
- 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.
FRESHWORKS INC-CL A
NASDAQ:FRSH (12/24/2024, 8:14:50 PM)
After market: 15.8 -0.1 (-0.63%)15.9
+0.31 (+1.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.99%
1 Week-5.3%
2 Weeks-3.11%
1 Month-3.34%
3 Month38.99%
6 Month25.3%
12 Month-32.31%
2 Year8.09%
3 Year-39.45%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%3.84%
ATR Inc-38.08%
Range Today0.42
ADR(20)0.6
ADR(20)%3.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.53
Mansfield-0.82
10 Day High17.32
10 Day Low14.96
20 Day High17.66
20 Day Low14.96
52 Week High23.93
52 Week Low10.81
CS1 End15.32
CR1 Start16.17
Volume & EV
DER(3)0.13%
DER(5)-1.13%
Volume1.11M
Volume Incr-8.62%
Vol(5)3.91M
Vol(50)4.54M