FIRST AMERICAN FINANCIAL (FAF) Stock Technical Analysis
USA - NYSE:FAF - US31847R1023 - Common Stock
Taking everything into account, FAF scores 2 out of 10 in our technical rating. 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.
Although the technical rating is bad, FAF does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 62.74. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 60.37, a Stop Loss order could be placed below this zone.
More info and screens
55.06
3 important support areas can be observed.
- A support zone ranging from 60.31 to 60.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @57.27 from a trend line in the weekly time frame.
- Support @55.62 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 62.74 to 63.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @67.00 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 | NEUTRAL | NEUTRAL | The long term trend for FAF is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FAF is neutral. |
| ChartMill Relative Strength | 36.42 | 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) | DOWN | NEGATIVE | The current price of FAF is below a declining 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) | 50.51 | NEUTRAL | The RSI value for FAF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests FAF has a positive trend. |
| Stochastics (14,3) | 33.16 | NEUTRAL | The Stochastics value for FAF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for FAF suggests some volalility. |
| Average Directional Index/ADX (14) | 17.24 | NEGATIVE | The low ADX value for FAF suggests a weak or negative trend. |
62.37
+1.55 (+2.55%)
FIRST AMERICAN FINANCIAL / FAF FAQ
What is the technical rating for FAF stock?
ChartMill assigns a technical rating of 2 / 10 to FAF.
Can you provide the trend direction for FIRST AMERICAN FINANCIAL?
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 50.5086. This indicates that the stock is currently neutral.
What are the support and resistance levels for FIRST AMERICAN FINANCIAL (FAF) stock?
FIRST AMERICAN FINANCIAL (FAF) has a support level at 60.37 and a resistance level at 62.74. Check the full technical report for our detailed analysis of FAF support and resistance levels.