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 0 out of 10. FAF'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, FAF is a bad performer in the overall market: 68% of all stocks are doing better.
FAF is part of the Insurance industry. There are 142 other stocks in this industry, of which 68% are performing better than FAF.
FAF is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FAF is lagging the market.
FAF is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Although the technical rating is bad, FAF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 55.62, a Stop Loss order could be placed below this zone.
More info and screens
53.56
65.75
We found 2 important support areas.
- A support zone ranging from 55.37 to 55.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @54.10 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 58.78 to 59.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 61.81 to 63.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 64.11 to 65.10. 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 | 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 | 32.64 | 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) | 39.67 | NEUTRAL | The RSI value for FAF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests FAF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.09 | NEUTRAL | The Stochastics value for FAF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for FAF suggests some volalility. |
| Average Directional Index/ADX (14) | 25.02 | POSITIVE | The high ADX value value for FAF suggests a strong 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)
55.78
-0.03 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-0.05%
1 Week1.47%
2 Weeks0.11%
1 Month-8.72%
3 Month-12.67%
6 Month-18.94%
12 Month3.55%
2 Year-2.17%
3 Year5.4%
5 Year16.16%
10 Year49.91%
15 Year339.91%
Volatility
ATR(14)1.48
ATR(20)%2.45%
ATR Inc-52.85%
Range Today0.82
ADR(20)1.32
ADR(20)%2.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.64
Mansfield-1.32
10 Day High56.34
10 Day Low53.95
20 Day High61.89
20 Day Low53.95
52 Week High70.92
52 Week Low51.85
CS1 End55.62
CR1 Start58.78
Volume & EV
DER(3)-1.35%
DER(5)-0.87%
Volume1.70M
Volume Incr39.89%
Vol(5)1.24M
Vol(50)947.22K