FOUR CORNERS PROPERTY TRUST (FCPT) Stock Technical Analysis
NYSE:FCPT • US35086T1097
We assign a technical rating of 6 out of 10 to FCPT. FCPT has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 73% of all other stocks performed better in the past year than FCPT.
- FCPT is part of the Specialized REITs industry. There are 28 other stocks in this industry, of which 81% are performing better than FCPT.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month FCPT has a been trading in the 23.85 - 25.69 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- FCPT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FCPT is lagging the market.
Although the technical rating is only medium, FCPT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 25.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.00, 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.
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22.66
3 important support areas can be observed.
- A support zone ranging from 24.11 to 25.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.45 from a horizontal line in the daily time frame.
- A support zone ranging from 22.89 to 23.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 25.34 to 25.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @25.91 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 FCPT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FCPT is up. |
| ChartMill Relative Strength | 27.74 | NEGATIVE | FCPT has a low relative strength, it was outperformed by 72.26% 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) | UP | POSITIVE | The current price of FCPT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FCPT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.66 | NEUTRAL | The RSI value for FCPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests FCPT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.99 | NEUTRAL | The Stochastics value for FCPT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for FCPT suggests some volalility. |
| Average Directional Index/ADX (14) | 19.5 | NEGATIVE | The low ADX value for FCPT 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 |
|---|---|---|---|
| 25.50 | 23.96 | 1.54 (6.04%) | 16.56% |
| An entry @25.50. This is a Buy Stop order right above the resistance zone. | An exit @23.96. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.54 points, which is 6.04%. | For a 1.00% total portfolio risk, you can invest 16.56% of your capital in this trade. |
- 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.
25.26
+0.21 (+0.84%)
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 6 / 10 to FCPT.
What is the trend direction for FCPT stock?
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 58.658. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FOUR CORNERS PROPERTY TRUST?
The MACD indicator for FOUR CORNERS PROPERTY TRUST (FCPT) has a value of -0.0177058, indicating a bearish trend.
Can you provide the short term momentum for FOUR CORNERS PROPERTY TRUST?
The short term momentum for FOUR CORNERS PROPERTY TRUST (FCPT) is positive.