Frequency Electronics, Inc. (FEIM)

Frequency Electronics, Inc. is trading at $61.60, down 9.66% on the session. The 50 day average sits at $74.20 and the 200 day at $61.99, which puts the stock in a uptrend. RSI is at 32.7, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $57.87 with resistance near $80.60, so that band frames the current range. Average daily movement is roughly $4.31, or about 7.0% of the share price, which is what any stop placement has to allow for. The overall health score of 40 out of 100 combines a trend score of 69, momentum of 20 and a risk score of 22.

Frequency Electronics, Inc., together with its subsidiaries, engages in the design, development, manufacture, marketing, and sale of precision time and frequency control products and components for microwave integrated circuit applications. The company operates through two segments, FEI-NY and FEI-Zyfer. The FEI-NY segment offers precision time and frequency control products for communication satellites, terrestrial cellular telephone or other ground-based telecommunication stations; and other components and systems for the U.S. military, as well as provides designing and technical support for the satellite business. The FEI-Zyfer segment provides global positioning system technologies for systems and subsystems for secure communications, government and commercial, and other locator applications; and engages in the sale and support of wireline telecommunications products, such as US5G. It operates in the United States, Europe, and Asia. Frequency Electronics, Inc. was founded in 1961 and is headquartered in Mitchel Field, New York.