Meyka AI API is live for developers.Start building.
Advertisement
The Foschini Group Limited

The Foschini Group Limited (FHNGY) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for The Foschini Group Limited.

FHNGYPNK
Consumer CyclicalSpecialty Retail
$3.32
$0.006(0.18%)
U.S. Market opens in 51h 50m
Advertisement

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

FHNGY Technical Analysis Summary

The Foschini Group Limited stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 38.63)
Trend Strength:Moderate (ADX: 23.72)
Volatility:Medium (ATR: 0.11)
Support/Resistance:$3.02 – $4.00 (Bollinger Bands)

Overall, The Foschini Group Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 38.63

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 38.79

Bearish
Momentum remains weak below midpoint.

Williams %R: -92.73

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -3.21

Bearish
Selling pressure outweighs buying.

Takeaway:The Foschini Group Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.08

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 23.72

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.11

Low
Low volatility, stable price action.

CCI (14): -42.45

Bearish
Bearish, momentum remains under pressure.

Takeaway:The Foschini Group Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$4.00
Middle Band (SMA 20)
$3.51
Lower Band
$3.02
Current Position
Within Bands

Takeaway:The Foschini Group Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$3.80
Middle Line (EMA 20)
$3.58
Lower Channel
$3.36
Squeeze Status
No Squeeze

Takeaway:The Foschini Group Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-2.33K
Money Flow Index65.52Bullish, inflows support continued momentum.
Relative Vigor Index11.90Bearish, price momentum favors sellers.

Overall Takeaway:FHNGY shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of The Foschini Group Limited, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:The Foschini Group Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ