FIRST AMERICAN FINANCIAL (FAF) Technical Analysis
NYSE:FAF • US31847R1023
Taking everything into account, FAF scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FAF is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- FAF is part of the Insurance industry. There are 149 other stocks in this industry. FAF outperforms 77% of them.
- FAF is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FAF is performing more or less in line with the market.
- FAF has an average volume of 1021440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, FAF outperforms 62% of them, which is more or less in line with the market.
- In the last month FAF has a been trading in the 63.20 - 71.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, FAF also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 68.00, a Stop Loss order could be placed below this zone.
More info and screens
57.86
When analyzing the support we can see 5 important areas.
- A support zone ranging from 67.11 to 68.00. 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 62.89 to 64.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @61.08 from a horizontal line in the weekly time frame.
- Support @59.97 from a trend line in the daily time frame.
- A support zone ranging from 58.44 to 59.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 70.11 to 70.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 62.9 | 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) | 64.2 | NEUTRAL | The RSI value for FAF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests FAF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.69 | OVERBOUGHT | The high Stochastics value suggests FAF may be overbought. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for FAF suggests some volalility. |
| Average Directional Index/ADX (14) | 15.85 | NEGATIVE | The low ADX value for FAF suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 70.30 | 67.10 | 3.20 (4.55%) | 21.97% |
| An entry @70.30. This is a Buy Stop order right above the resistance zone. | An exit @67.10. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.20 points, which is 4.55%. | When investing 21.97% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of FAF. Please evaluate whether better entry and exit points can be found.
- 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.
FAF Technicals: Chart, Performance Metrics, Trend & Indicators
69.93
-0.36 (-0.51%)
FIRST AMERICAN FINANCIAL / FAF FAQ
What is the technical rating for FAF stock?
ChartMill assigns a technical rating of 8 / 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 Bullish.
Can you provide the RSI signal for FIRST AMERICAN FINANCIAL?
FIRST AMERICAN FINANCIAL (FAF) has an RSI value of 64.2008. 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 0.266987, indicating a bearish trend.
What is the buy/sell signal for FAF stock?
The buy/sell signal for FIRST AMERICAN FINANCIAL (FAF) is buy as both the short term and long term trends are positive.