Londinia Opportunities Analyses - 01/30/2023 (GMT) FRESHPET INC. - 1H

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Type:	Stocks
Ticker:	FRPT
ISIN:

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 63.34 USD

My targets

66.03 USD (+2.95%)

69.30 USD (+8.04%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on FRESHPET INC. as long as the price remains well above 63.34 USD. The buyers' bullish objective is set at 66.03 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 69.30 USD. If there is any crossing, the next objective would be the resistance located at 114.32 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.4

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

The FRESHPET INC. rating is 64.14 USD. On the day, this instrument lost -0.19% with the lowest point at 63.04 USD and the highest point at 64.26 USD. The deviation from the price is +1.74% for the low point and -0.19% for the high point.

63.04

64.26

64.14

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by FRESHPET INC.:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this FRESHPET INC. chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 14 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The analysis of the price chart with Central Patterns scanners does not return any result.

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Bearish doji star

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	54.33	60.44	63.34	64.14	69.30	114.32	158.53
Change (%)	-15.29%	-5.77%	-1.25%	-	+8.04%	+78.24%	+147.16%
Change	-9.81	-3.70	-0.80	-	+5.16	+50.18	+94.39
Level	Minor	Intermediate	Major	-	Intermediate	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	58.09	59.63	61.94	63.48	65.79	67.33	69.64
Camarilla	63.20	63.55	63.91	64.26	64.61	64.97	65.32
Woodie	58.49	59.82	62.34	63.67	66.19	67.52	70.04
Fibonacci	59.63	61.10	62.01	63.48	64.95	65.86	67.33

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	56.91	58.68	61.47	63.24	66.03	67.80	70.59
Camarilla	63.01	63.42	63.84	64.26	64.68	65.10	65.51
Woodie	57.42	58.94	61.98	63.50	66.54	68.06	71.10
Fibonacci	58.68	60.42	61.50	63.24	64.98	66.06	67.80

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	27.05	38.16	45.47	56.58	63.89	75.00	82.31
Camarilla	47.71	49.39	51.08	52.77	54.46	56.15	57.84
Woodie	25.14	37.21	43.56	55.63	61.98	74.05	80.40
Fibonacci	38.16	45.20	49.55	56.58	63.62	67.97	75.00

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	60.28
MACD (12,26,9):	0.5800
Directional Movement:	9.65
AROON (14):	50.00
DEMA (21):	63.75
Parabolic SAR (0,02-0,02-0,2):	62.53
Elder Ray (13):	0.76
Super Trend (3,10):	61.73
Zig ZAG (10):	64.14
VORTEX (21):	1.1800
Stochastique (14,3,5):	73.64
TEMA (21):	64.13
Williams %R (14):	-21.66
Chande Momentum Oscillator (20):	2.28
Repulse (5,40,3):	0.4800
ROCnROLL:	1
TRIX (15,9):	0.1000
Courbe Coppock:	6.38

MA7:	62.57
MA20:	59.06
MA50:	58.97
MA100:	56.56
MAexp7:	63.77
MAexp20:	62.95
MAexp50:	62.23
MAexp100:	60.75
Price / MA7:	+2.51%
Price / MA20:	+8.60%
Price / MA50:	+8.77%
Price / MA100:	+13.40%
Price / MAexp7:	+0.58%
Price / MAexp20:	+1.89%
Price / MAexp50:	+3.07%
Price / MAexp100:	+5.58%

Quotes : - 15 min delayed data - Actions NASDAQ

News

The last news published on FRESHPET INC. at the time of the generation of this analysis was as follows: