FIRST ADVANTAGE CORP (FA) Stock Technical Analysis
NASDAQ:FA - Nasdaq - US31846B1089 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to FA. Although FA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
FA is one of the better performing stocks in the Professional Services industry, it outperforms 82% of 82 stocks in the same industry.
In the last month FA has a been trading in the 16.27 - 18.55 range, which is quite wide. It is currently trading near the high of this range.
FA has an average volume of 1013870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that FA is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
FA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FA is lagging the market.
Besides having an excellent technical rating, FA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 18.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.18, a Stop Loss order could be placed below this zone.
More info and screens
12.70
20.13
When analyzing the support we can see 5 important areas.
- A support zone ranging from 17.12 to 17.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.70 from a trend line in the weekly time frame.
- A support zone ranging from 15.80 to 15.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.22 from a horizontal line in the weekly time frame.
- Support @12.83 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 18.06 to 18.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 19.93 to 19.93. This zone is formed by a combination of multiple trend lines in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FA is up. |
| ChartMill Relative Strength | 71 | POSITIVE | FA has a high relative strength, it outperformed 71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.03 | NEUTRAL | The RSI value for FA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests FA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.25 | OVERBOUGHT | The high Stochastics value suggests FA may be overbought. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for FA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.37 | NEGATIVE | The low ADX value for FA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 18.37 | 17.11 | 1.26 (6.86%) | 14.58% |
| An entry @18.37. This is a Buy Stop order right above the resistance zone. | An exit @17.11. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.26 points, which is 6.86%. | When investing 14.58% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
18.01
-0.19 (-1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-1.04%
1 Week-1.37%
2 Weeks7.14%
1 Month5.38%
3 Month20.23%
6 Month-4.61%
12 Month6.88%
2 Year20.07%
3 Year28.37%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%2.87%
ATR Inc-20.31%
Range Today0.52
ADR(20)0.51
ADR(20)%2.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71
Mansfield-0.55
10 Day High18.55
10 Day Low16.77
20 Day High18.55
20 Day Low16.27
52 Week High20.79
52 Week Low12.32
CS1 End17.18
CR1 Start18.06
Volume & EV
DER(3)0.24%
DER(5)2.14%
Volume587.60K
Volume Incr-36.14%
Vol(5)739.48K
Vol(50)1.01M