FRANKLIN ELECTRIC CO INC (FELE) Stock Technical Analysis
NASDAQ:FELE - Nasdaq - US3535141028 - Common Stock - Currency: USD
Taking everything into account, FELE scores 4 out of 10 in our technical rating. In the past year, FELE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
67% of all other stocks performed better in the past year than FELE.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
FELE is an average performer in the Machinery industry, it outperforms 40% of 128 stocks in the same industry.
FELE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FELE is lagging the market.
In the last month FELE has a been trading in the 88.63 - 97.08 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 only medium, FELE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
83.16
107.88
We found 1 important support area.
- A support zone ranging from 84.00 to 84.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 92.54 to 95.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @98.63 from a trend line in the daily time frame.
- Resistance @106.81 from a horizontal line in the weekly 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 FELE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FELE is neutral. |
| ChartMill Relative Strength | 33.05 | NEUTRAL | FELE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FELE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FELE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FELE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.44 | NEUTRAL | The RSI value for FELE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests FELE has a negative trend. |
| Stochastics (14,3) | 46.48 | NEUTRAL | The Stochastics value for FELE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for FELE suggests some volalility. |
| Average Directional Index/ADX (14) | 14.28 | NEGATIVE | The low ADX value for FELE suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
92.13
-1.2 (-1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.29%
1 Week-1.1%
2 Weeks-0.82%
1 Month0.58%
3 Month5.99%
6 Month-7.95%
12 Month-6.61%
2 Year-4.74%
3 Year6.08%
5 Year55.21%
10 Year214.54%
15 Year481.81%
Volatility
ATR(14)1.91
ATR(20)%2.16%
ATR Inc-15.7%
Range Today1.89
ADR(20)1.96
ADR(20)%2.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.05
Mansfield-1.28
10 Day High97.08
10 Day Low90.24
20 Day High97.08
20 Day Low88.63
52 Week High111.94
52 Week Low78.87
CS1 End84.61
CR1 Start92.54
Volume & EV
DER(3)1.91%
DER(5)1.72%
Volume140.70K
Volume Incr-23.44%
Vol(5)201.78K
Vol(50)285.02K