FOUR CORNERS PROPERTY TRUST (FCPT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FCPT - US35086T1097 - REIT
Taking everything into account, FCPT scores 2 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, FCPT is a bad performer in the overall market: 75% of all stocks are doing better.
- FCPT is one of the lesser performing stocks in the Specialized REITs industry. 72% of 30 stocks in the same industry do better.
- FCPT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- In the last month FCPT has a been trading in the 22.78 - 24.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, FCPT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 23.74, a Stop Loss order could be placed below this zone.
More info and screens
22.66
When analyzing the support we can see 2 important areas.
- A support zone ranging from 23.45 to 23.74. 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 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 24.48 to 24.91. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for FCPT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FCPT is neutral. |
| ChartMill Relative Strength | 25.37 | NEGATIVE | FCPT has a low relative strength, it was outperformed by 74.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FCPT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FCPT is above 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) | 47.75 | NEUTRAL | The RSI value for FCPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FCPT has a negative trend. |
| Stochastics (14,3) | 53.07 | NEUTRAL | The Stochastics value for FCPT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for FCPT suggests low volalility. |
| Average Directional Index/ADX (14) | 21.63 | NEUTRAL | The ADX value for FCPT suggests a possible start of a new trend. |
23.94
-0.38 (-1.56%)
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 2 / 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 47.7478. 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 -0.0315507, 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 neutral.