FAU Technical Analysis - FORVIA

Technical Rating and Analysis

We assign a technical rating of 7 out of 10 to FAU. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

Warning: FAU has an average volume of 1434 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!

FAU is one of the better performing stocks in the Automobile Components industry, it outperforms 75% of 30 stocks in the same industry.

FAU is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

When comparing the yearly performance of all stocks, we notice that FAU is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.

In the last month FAU has a been trading in the 10.70 - 11.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although FAU has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

10.46

12.02

We found 1 important support area.

A support zone ranging from 10.57 to 10.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

A resistance zone ranging from 11.78 to 11.90. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

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Technical Indicator Signal Analysis

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 FAU.DE is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for FAU.DE is neutral.
ChartMill Relative Strength	83.71	POSITIVE	FAU.DE has a high relative strength, it outperformed 83.71% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of FAU.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of FAU.DE is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of FAU.DE is above the rising SMA(200).
Relative Strength Index/RSI (14)	47.22	NEUTRAL	The RSI value for FAU.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.05	NEGATIVE	The MACD value suggests FAU.DE has a negative trend.
Stochastics (14,3)	48.38	NEUTRAL	The Stochastics value for FAU.DE is a neutral value.
Average True Range in percent/ATR (20)	2.68	MEDIUM VOLATILITY	The ATR as a percentage value for FAU.DE suggests some volalility.
Average Directional Index/ADX (14)	17.19	NEGATIVE	The low ADX value for FAU.DE suggests a weak or negative trend.