FOUR CORNERS PROPERTY TRUST (FCPT) Stock Technical Analysis
USA - NYSE:FCPT - US35086T1097 - REIT
Overall FCPT gets a technical rating of 1 out of 10. FCPT'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.
FCPT 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 24.94. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.90, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FCPT 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
23.59
When analyzing the support we notice one important area.
- A support zone ranging from 23.83 to 23.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 24.94 to 25.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.91 to 26.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.89 from a horizontal line in the daily time frame.
- A resistance zone ranging from 27.70 to 27.87. 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 | DOWN | NEGATIVE | The long term trend for FCPT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FCPT is neutral. |
| ChartMill Relative Strength | 18.38 | NEGATIVE | FCPT has a low relative strength, it was outperformed by 81.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FCPT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FCPT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FCPT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.28 | NEUTRAL | The RSI value for FCPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests FCPT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.69 | OVERBOUGHT | The high Stochastics value suggests FCPT may be overbought. |
| Average True Range in percent/ATR (20) | 1.53 | LOW VOLATILITY | The low ATR as a percentage value for FCPT suggests low volalility. |
| Average Directional Index/ADX (14) | 22.75 | NEUTRAL | The ADX value for FCPT suggests a possible start of a new trend. |
24.47
-0.15 (-0.61%)
FOUR CORNERS PROPERTY TRUST / FCPT FAQ
What is the ChartMill technical rating of FOUR CORNERS PROPERTY TRUST (FCPT) stock?
ChartMill assigns a technical rating of 1 / 10 to FCPT.
Can you provide the trend direction for FOUR CORNERS PROPERTY TRUST?
The current trend direction for FOUR CORNERS PROPERTY TRUST (FCPT) is Bearish.
What is the RSI signal for FOUR CORNERS PROPERTY TRUST (FCPT) stock?
FOUR CORNERS PROPERTY TRUST (FCPT) has an RSI value of 47.2814. This indicates that the stock is currently neutral.
What is the short term momentum for FOUR CORNERS PROPERTY TRUST (FCPT) stock?
The short term momentum for FOUR CORNERS PROPERTY TRUST (FCPT) is neutral.