Technical Analysis for FREY - FREYR Battery

Grade Last Price % Change Price Change
B 2.55 15.68% 0.35
FREY closed down 3.51 percent on Wednesday, November 20, 2024, on 87 percent of normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong Up Up Up

Date Alert Name Type % Chg
Inside Day Range Contraction 15.68%
Wide Bands Range Expansion 15.68%
Overbought Stochastic Strength 15.68%
Wide Bands Range Expansion 11.62%
Overbought Stochastic Strength 11.62%
NR7 Range Contraction 17.82%
NR7-2 Range Contraction 17.82%
Inside Day Range Contraction 17.82%
Wide Bands Range Expansion 17.82%
Gapped Up Strength 17.82%

   Recent Intraday Alerts

Alert Time
2x Volume Pace 29 minutes ago
Up 10% 29 minutes ago
Up 1 ATR 29 minutes ago
Rose Above Previous Day's High about 2 hours ago
Up 5% about 2 hours ago

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Profile

FREYR Battery Description

FREYR plans to develop up to 43 GWh of battery cell production capacity by 2025 to position the company as one of Europe’s largest battery cell suppliers. The facilities will be located in the Mo i Rana industrial complex in Northern Norway, leveraging Norway’s highly skilled workforce and abundant, low-cost renewable energy sources from hydro and wind in a crisp, clear and energized environment. FREYR will supply safe, high energy density and cost competitive clean battery cells to the rapidly growing global markets for electric vehicles, energy storage, and marine applications. FREYR is committed to supporting cluster-based R&D initiatives and the development of an international ecosystem of scientific, commercial, and financial stakeholders to support the expansion of the battery value chain in our region.


Classification

Sector: Industrials
Industry: Electrical Equipment & Parts
Keywords: Electric Vehicle Renewable Energy Energy Storage Electric Power Energy Development Electric Battery Renewable Energy Sources

Is FREY 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 2.85
52 Week Low 0.9104
Average Volume 3,315,591
200-Day Moving Average 1.59
50-Day Moving Average 1.27
20-Day Moving Average 1.64
10-Day Moving Average 2.20
Average True Range 0.22
RSI (14) 65.52
ADX 50.75
+DI 33.41
-DI 4.29
Chandelier Exit (Long, 3 ATRs) 1.77
Chandelier Exit (Short, 3 ATRs) 1.61
Upper Bollinger Bands 2.81
Lower Bollinger Band 0.48
Percent B (%b) 0.74
BandWidth 141.63
MACD Line 0.32
MACD Signal Line 0.27
MACD Histogram 0.0503
Fundamentals Value
Market Cap 307.35 Million
Num Shares 140 Million
EPS -0.11
Price-to-Earnings (P/E) Ratio -20.00
Price-to-Sales 0.00
Price-to-Book 0.41
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.46
Resistance 3 (R3) 2.48 2.41 2.42
Resistance 2 (R2) 2.41 2.35 2.40 2.40
Resistance 1 (R1) 2.31 2.31 2.27 2.29 2.39
Pivot Point 2.24 2.24 2.22 2.23 2.24
Support 1 (S1) 2.13 2.17 2.10 2.11 2.01
Support 2 (S2) 2.06 2.13 2.05 2.00
Support 3 (S3) 1.96 2.06 1.98
Support 4 (S4) 1.94