FIRST AMERICAN FINANCIAL (FAF) Stock Technical Analysis
NYSE:FAF - New York Stock Exchange, Inc. - US31847R1023 - Common Stock - Currency: USD
Overall FAF gets a technical rating of 7 out of 10. In the last year, FAF was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Both the short term and long term trends are positive. This is a very positive sign.
FAF is one of the better performing stocks in the Insurance industry, it outperforms 71% of 141 stocks in the same industry.
FAF is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
FAF has an average volume of 1184720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, FAF turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
FAF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FAF is lagging the market.
FAF has an excellent technical rating and 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 65.69. Right above this resistance zone may be a good entry point.
More info and screens
53.57
66.62
We found 4 important support areas.
- A support zone ranging from 63.93 to 64.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 62.49 to 62.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 55.62 to 56.17. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @54.11 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 65.69 to 65.96. This zone is formed by a combination of multiple trend lines in the daily 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 FAF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FAF is up. |
| ChartMill Relative Strength | 64.86 | NEUTRAL | FAF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FAF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FAF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FAF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.13 | NEUTRAL | The RSI value for FAF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests FAF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.58 | NEUTRAL | The Stochastics value for FAF is a neutral value. |
| Average True Range in percent/ATR (20) | 2 | MEDIUM VOLATILITY | The ATR as a percentage value for FAF suggests some volalility. |
| Average Directional Index/ADX (14) | 23.8 | NEUTRAL | The ADX value for FAF suggests a possible start of a new 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 |
|---|---|---|---|
| 65.97 | 63.92 | 2.05 (3.11%) | 25.00% |
| An entry @65.97. This is a Buy Stop order right above the resistance zone. | An exit @63.92. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.05 points, which is 3.11%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.78%. |
- 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.
64.69
-0.19 (-0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.29%
1 Week-2.12%
2 Weeks3.24%
1 Month12.27%
3 Month16.29%
6 Month2%
12 Month0.9%
2 Year4.88%
3 Year20.92%
5 Year23.06%
10 Year66.47%
15 Year336.21%
Volatility
ATR(14)1.18
ATR(20)%2%
ATR Inc-20.55%
Range Today0.78
ADR(20)1.21
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.86
Mansfield-0.51
10 Day High66.19
10 Day Low61.69
20 Day High66.19
20 Day Low58.44
52 Week High70.92
52 Week Low53.09
CS1 End64.27
CR1 Start65.69
Volume & EV
DER(3)-0.43%
DER(5)0.54%
Volume381.40K
Volume Incr-41.41%
Vol(5)534.34K
Vol(50)1.18M