FOUR CORNERS PROPERTY TRUST (FCPT) Technical Analysis
NYSE:FCPT • US35086T1097
Current stock price
FCPT Technical Rating and Analysis
We assign a technical rating of 5 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.
- 72% 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 74% are performing better than FCPT.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month FCPT has a been trading in the 23.41 - 25.73 range, which is quite wide. It is currently trading near the high of this range.
- 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.
FCPT Weekly and Daily overview Charts
FCPT Setup Rating and Analysis
Although the technical rating is only medium, FCPT does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 25.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.39, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
FCPT Support and Resistance Analysis
22.66
When analyzing the support we can see 4 important areas.
- A support zone ranging from 24.62 to 25.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.94 from a horizontal line in the daily time frame.
- Strong 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.
We found 1 important resistance area.
- A resistance zone ranging from 25.68 to 26.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
FCPT 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 | 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 | 28.23 | NEGATIVE | FCPT has a low relative strength, it was outperformed by 71.77% 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) | 58.34 | NEUTRAL | The RSI value for FCPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests FCPT has a positive trend. |
| Stochastics (14,3) | 75.56 | NEUTRAL | The Stochastics value for FCPT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for FCPT suggests low volalility. |
| Average Directional Index/ADX (14) | 22.69 | NEUTRAL | The ADX value for FCPT suggests a possible start of a new trend. |
FCPT Chart- and CandleStick Pattern Analysis
FCPT Technicals: Chart, Performance Metrics, Trend & Indicators
25.43
+0.28 (+1.11%)
FOUR CORNERS PROPERTY TRUST / FCPT TA FAQ
What is the ChartMill technical rating of FOUR CORNERS PROPERTY TRUST (FCPT) stock?
ChartMill assigns a technical rating of 5 / 10 to FCPT.
What is the trend direction for FCPT stock?
The current trend direction for FOUR CORNERS PROPERTY TRUST (FCPT) is Bearish.
Can you provide the RSI signal for FOUR CORNERS PROPERTY TRUST?
FOUR CORNERS PROPERTY TRUST (FCPT) has an RSI value of 58.3423. This indicates that the stock is currently neutral.
What is the MACD signal for FCPT stock?
The MACD indicator for FOUR CORNERS PROPERTY TRUST (FCPT) has a value of 0.0926561, indicating a bearish trend.
What is the support and resistance level for FCPT stock?
FOUR CORNERS PROPERTY TRUST (FCPT) has a support level at 25.39 and a resistance level at 25.68. Check the full technical report for our detailed analysis of FCPT support and resistance levels.