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Trading the Levels › FREL › Levels › Swing

FREL Swing Highs, Swing Lows and Trend

Updated Nov 6, 2026, 1:57 AM ET · Zigzag swings from 5-minute to daily
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On the daily chart FREL's trend reads channel up, last swing HL at —. The last swing high was $28.47 (Oct 23) and the last swing low $27.68 (Oct 28).
Best for: intradayHold: same dayPrice $29.22 · 15-min delayed
Daily trendchannel up
Last swing high28.47
Last swing low27.68
Break level26.72

FREL daily chart: last swing high and low

2727.52828.52929.530Aug 13Aug 27Sep 11Sep 25Oct 9Oct 2328.47Swing high 28.4727.68Swing low 27.6829.22
- - - last swing high- - - last swing low

Where FREL sits in its zone

The delayed price $29.22 is above its daily zone ($28.24 – $28.66), 1.27 ATR over the top.

28.24 · bottom 25%middletop 25% · 28.66
  • Setups to watch: the zone broke to the upside. Watch for a retest of the zone top or a false breakout back inside.
  • Prior move: FREL moved up from $27.68 (the last daily swing) to $29.22, about 3.5 ATR, so the move is extended. Traders often watch the reversal first here.
  • Reversal check: a shooting star or bearish engulfing candle near $28.66.
  • Latest daily candle (Nov 5): Dark Cloud Cover (bearish).
  • Breakout check: RVOL above normal on the break (last day's RVOL: 2.1× on Nov 5). Next zone above: $29.81 – $30.03.
  • Zone tests: price pushed above the zone top 0 times and fell back, and dipped below the bottom and recovered 0 times. Each test can weaken a zone.

Why swing matters

Swing highs and lows are the turning points that define a trend. Higher highs and higher lows mean an uptrend; lower highs and lower lows mean a downtrend. Breaking the last swing is often the first sign the trend is changing.

How traders use it

  • In an uptrend, traders buy pullbacks that hold above the last swing low.
  • In a downtrend, traders sell rallies that fail below the last swing high.
  • A break of the last swing low in an uptrend (or high in a downtrend) warns of a change.

Trend by timeframe

  • 5-minute: range, last swing HL at —, break level $29.26.
  • 15-minute: mixed, last swing LL at —, break level $28.74.
  • 1-hour: mixed, last swing HH at —, break level $28.65.
  • Daily: channel up, last swing HL at —, break level $26.72.
  • Gap: FREL opened Nov 5 at $29.83, a gap up of 0.3% from $29.75; the gap was filled.
  • Round numbers nearby: $25.00, $30.00, $35.00.

Combined conditions

  • Daily zone $28.24–$28.66; VWAP $29.38. Swing levels that line up with zones are the strongest.
  • The delayed price is above the daily zone: watch for a retest or a false breakout.
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How to trade around FREL's swing levels

1. Hold above the swing lowAs long as FREL stays above $27.68, the swing low holds; a daily close under it would break the structure.
2. Break above the swing highA daily close above $28.47 would make a higher high and is read as trend strength.

For more setups and trading strategies, click here →

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FREL daily swings

DateSwingPriceReaction
Oct 28Low27.683.1% (2.36 ATR)
Oct 23High28.471.8% (1.28 ATR)
Oct 14Low27.313.0% (2.08 ATR)
Oct 13High27.952.3% (1.59 ATR)
Oct 8Low26.723.6% (2.7 ATR)
Oct 2High27.432.6% (2.17 ATR)
Oct 1Low26.842.2% (1.75 ATR)
Sep 4High29.362.1% (2.4 ATR)
Sep 2Low28.961.4% (1.41 ATR)
Aug 25High30.181.8% (2.04 ATR)

FAQ

Is FREL in an uptrend or downtrend?

On the daily chart the swing pattern reads channel up, with the last swing HL.

On SEPT: see the trend on every timeframe at once. Try it free →
What is FREL's last swing high?

$28.47 on Oct 23.

On SEPT: swing highs and lows are marked on your chart automatically. Try it free →
What is FREL's last swing low?

$27.68 on Oct 28.

On SEPT: get an alert if FREL breaks its last swing low. Try it free →
What do HH, HL, LH and LL mean?

Higher high, higher low (uptrend), lower high, lower low (downtrend). They describe each new swing versus the last one.

On SEPT: every swing is labeled on the chart. Try it free →
What is a zigzag indicator?

A tool that connects swing highs and lows and ignores small moves, so the trend is easy to see.

On SEPT: zigzag swings from 5-minute to daily are built in. Try it free →
What are the odds FREL's trend continues?

Odds depend on the timeframe, how far price is from the break level and RVOL.

On SEPT: test trend setups on years of real data. Try it free →
Where is FREL in its zone now?

Above its daily zone ($28.24 – $28.66), based on the delayed price.

On SEPT: see FREL's zone position live and let GOAX alert you at the zone edge. Try it free →

Data: SEPT market data engine. Delayed data; real-time levels are on the SEPT platform. Times in Eastern Time. Educational information only, not investment advice. No odds or win rates are shown on this page.