FIRST ACCEPTANCE CORP (FAC) Technical Analysis
NYSE:FAC • US3184571087
Current stock price
FAC Technical Rating and Analysis
Overall FAC gets a technical rating of 0 out of 10. FAC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, FAC is a bad performer in the overall market: 91% of all stocks are doing better.
- FAC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month FAC has a been trading in the 0.78 - 1.17 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days.
FAC Weekly and Daily overview Charts
FAC Setup Rating and Analysis
FAC has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
FAC Support and Resistance Analysis
0.80
When analyzing the resistance we notice 4 important areas.
- Resistance @0.86 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.03 to 1.04. 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 1.07 to 1.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.24 from a trend line in the weekly time frame.
FAC Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for FAC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FAC is down. |
| ChartMill Relative Strength | 9.23 | NEGATIVE | FAC has a low relative strength, it was outperformed by 90.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FAC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FAC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FAC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.96 | NEUTRAL | The RSI value for FAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FAC has a negative trend. |
| Stochastics (14,3) | 17.82 | OVERSOLD | The low Stochastics value suggests FAC may be oversold. |
| Average True Range in percent/ATR (20) | 8.89 | HIGH VOLATILITY | The high ATR as a percentage value for FAC suggests high volalility. |
FAC Chart- and CandleStick Pattern Analysis
FAC Technicals: Chart, Performance Metrics, Trend & Indicators
0.81
-0.05 (-5.81%)
FIRST ACCEPTANCE CORP / FAC TA FAQ
What is the ChartMill technical rating of FIRST ACCEPTANCE CORP (FAC) stock?
ChartMill assigns a technical rating of 0 / 10 to FAC.
What is the trend direction for FAC stock?
The current trend direction for FIRST ACCEPTANCE CORP (FAC) is Bearish.
What is the RSI signal for FAC stock?
FIRST ACCEPTANCE CORP (FAC) has an RSI value of 33.9572. This indicates that the stock is currently neutral.
What is the MACD signal for FIRST ACCEPTANCE CORP (FAC) stock?
The MACD indicator for FIRST ACCEPTANCE CORP (FAC) has a value of -0.00779685, indicating a bearish trend.
What are the support and resistance levels for FIRST ACCEPTANCE CORP (FAC) stock?
FIRST ACCEPTANCE CORP (FAC) has a resistance level at 0.86. Check the full technical report for our detailed analysis of FAC support and resistance levels.