Logo image of FSCT

Forescout Technologies Inc (FSCT) Stock Technical Analysis

NASDAQ:FSCT - Nasdaq -

28.99  0 (0%)

After market: 28.99 0 (0%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to FSCT. FSCT has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

80% of all other stocks performed better in the past year than FSCT.
Both the short term and long term trends are positive. This is a very positive sign.
FSCT has an average volume of 1684450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FSCT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FSCT is lagging the market slightly.
In the last month FSCT has a been trading in a tight range between 28.91 and 29.01.
Weekly and Daily overview Charts
Forescout Technologies Inc / FSCT Weekly stock chart
Forescout Technologies Inc / FSCT Daily stock chart
Setup Rating and Analysis

9

Although the technical rating is only medium, FSCT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 29.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.98, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FSCT in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • 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.
Support and Resistance Analysis

22.28

33.61

2 important support areas can be observed.

  • A support zone ranging from 28.95 to 28.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @22.51 from a trend line in the daily time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 29.00 to 29.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @30.32 from a trend line in the daily time frame.
  • A resistance zone ranging from 33.12 to 33.28. 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
CRS20.39
Mansfield-1.54
10 Day High29.01
10 Day Low28.96
20 Day High29.01
20 Day Low28.91
52 Week High40.06
52 Week Low18.1
Performance
1 Week0.05%
2 Weeks0%
1 Month0.31%
3 Month-1.8%
6 Month-12.1%
12 Month-19.94%
2 YearN/A
3 YearN/A
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)-0.2
RSI(14)77.25
LBB28.94
UBB29.01
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
29.0228.950.07 (0.24%)25.00%
An entry @29.02. This is a Buy Stop order right above the 10 day high.An exit @28.95. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.07 points, which is 0.24%.For a 0.06% 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.
Forescout Technologies Inc / FSCT Daily stock chart

Forescout Technologies Inc

NASDAQ:FSCT (8/14/2020, 8:00:01 PM)

After market: 28.99 0 (0%)

28.99

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.05%
2 Weeks0%
1 Month0.31%
3 Month-1.8%
6 Month-12.1%
12 Month-19.94%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.08%
ATR Inc-9.68%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.39
Mansfield-1.54
10 Day High29.01
10 Day Low28.96
20 Day High29.01
20 Day Low28.91
52 Week High40.06
52 Week Low18.1
CS1 End28.98
CR1 Start29
Volume & EV
DER(3)-0.39%
DER(5)3.62%
Volume1.56M
Volume Incr-7.02%
Vol(5)1.81M
Vol(50)1.68M