FIRST AMERICAN FINANCIAL (FAF) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FAF - US31847R1023 - Common Stock
We assign a technical rating of 0 out of 10 to FAF. FAF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 61% of all other stocks performed better in the past year than FAF.
- In the last month FAF has a been trading in the 58.50 - 64.48 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- FAF is part of the Insurance industry. There are 146 other stocks in this industry, FAF did better than 59% of them.
- 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.
- Volume is considerably higher in the last couple of days.
FAF has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 62.41. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for FAF in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
55.06
2 important support areas can be observed.
- Support @57.96 from a trend line in the weekly time frame.
- Support @55.62 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 62.41 to 62.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 65.70 to 66.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @68.13 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for FAF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FAF is down. |
| ChartMill Relative Strength | 39.65 | NEUTRAL | FAF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FAF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FAF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FAF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.74 | NEUTRAL | The RSI value for FAF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests FAF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.7 | NEUTRAL | The Stochastics value for FAF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for FAF suggests some volalility. |
| Average Directional Index/ADX (14) | 23.65 | NEUTRAL | The ADX value for FAF suggests a possible start of a new trend. |
61.24
+0.67 (+1.11%)
FIRST AMERICAN FINANCIAL / FAF FAQ
What is the technical rating for FAF stock?
ChartMill assigns a technical rating of 0 / 10 to FAF.
What is the current trend direction of FIRST AMERICAN FINANCIAL (FAF) stock?
The current trend direction for FIRST AMERICAN FINANCIAL (FAF) is Bearish.
Can you provide the RSI signal for FIRST AMERICAN FINANCIAL?
FIRST AMERICAN FINANCIAL (FAF) has an RSI value of 47.7387. This indicates that the stock is currently neutral.
What is the MACD signal for FAF stock?
The MACD indicator for FIRST AMERICAN FINANCIAL (FAF) has a value of -0.0522449, indicating a bearish trend.
What is the buy/sell signal for FAF stock?
The buy/sell signal for FIRST AMERICAN FINANCIAL (FAF) is sell as both the short term and long term trends are negative.