Technical Analysis for FRMO - FRMO Corporation

Grade Last Price % Change Price Change
D 9.57 -7.36% -0.7600
FRMO closed down 7.36 percent on Tuesday, January 26, 2021, on 1.37 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical FRMO trend table...

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
NR7 Range Contraction 0.00%
Multiple of Ten Bearish Other 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -7.36%
Doji - Bullish? Reversal -7.36%
Stochastic Reached Oversold Weakness -7.36%
Wide Bands Range Expansion -7.36%
Oversold Stochastic Weakness -7.36%
Older End-of-Day Signals for FRMO ...

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Profile

The corporation is an intellectual capital firm identifying and managing investment strategies and business opportunities.
Classification

Sector: Financial Services
Industry: Asset Management
Keywords: Intellectual Property Law The Corporation Matlinpatterson Intellectual Capital Corporate Development

Is FRMO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 15.5
52 Week Low 3.25
Average Volume 35,525
200-Day Moving Average 6.6004
50-Day Moving Average 9.7436
20-Day Moving Average 11.4610
10-Day Moving Average 11.8575
Average True Range 1.3579
ADX 19.55
+DI 21.1503
-DI 21.9545
Chandelier Exit (Long, 3 ATRs ) 11.4263
Chandelier Exit (Short, 3 ATRs ) 13.1237
Upper Bollinger Band 14.5990
Lower Bollinger Band 8.3230
Percent B (%b) 0.2
BandWidth 54.7596
MACD Line 0.2674
MACD Signal Line 0.7077
MACD Histogram -0.4403
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.7175
Resistance 3 (R3) 10.8217 10.5433 10.5263
Resistance 2 (R2) 10.5433 10.2511 10.4913 10.4624
Resistance 1 (R1) 10.0567 10.0706 9.9175 9.9525 10.3987
Pivot Point 9.7783 9.7783 9.7088 9.7263 9.7783
Support 1 (S1) 9.2917 9.4861 9.1525 9.1875 8.7413
Support 2 (S2) 9.0133 9.3056 8.9613 8.6776
Support 3 (S3) 8.5267 9.0133 8.6138
Support 4 (S4) 8.4225