FRANKLIN ELECTRIC CO INC (FELE) Stock Technical Analysis
NASDAQ:FELE - Nasdaq - US3535141028 - Common Stock - Currency: USD
Taking everything into account, FELE scores 1 out of 10 in our technical rating. FELE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, FELE is a bad performer in the overall market: 78% of all stocks are doing better.
FELE is part of the Machinery industry. There are 128 other stocks in this industry, of which 67% are performing better than FELE.
FELE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FELE is lagging the market.
In the last month FELE has a been trading in the 83.42 - 91.07 range, which is quite wide. It is currently trading near the lows of this range.
FELE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 84.72, a Stop Loss order could be placed below this zone.
More info and screens
83.37
107.88
We found 1 important support area.
- A support zone ranging from 84.21 to 84.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 86.90 to 87.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 89.33 to 90.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @99.05 from a trend line in the weekly time frame.
- Resistance @101.64 from a trend line in the daily time frame.
- A resistance zone ranging from 105.49 to 106.81. 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 FELE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FELE is down. |
| ChartMill Relative Strength | 22.45 | NEGATIVE | FELE has a low relative strength, it was outperformed by 77.55% off all stocks 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) | DOWN | NEGATIVE | The current price of FELE is below a declining 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) | 45.35 | NEUTRAL | The RSI value for FELE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests FELE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.21 | NEUTRAL | The Stochastics value for FELE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for FELE suggests some volalility. |
| Average Directional Index/ADX (14) | 17.94 | 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)
NASDAQ:FELE (6/2/2025, 3:49:46 PM)
85.395
-1 (-1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.15%
1 Week0.05%
2 Weeks-2.41%
1 Month1.22%
3 Month-15.43%
6 Month-20.23%
12 Month-13.16%
2 Year-5.02%
3 Year17.19%
5 Year70.33%
10 Year145.5%
15 Year492.52%
Volatility
ATR(14)1.96
ATR(20)%2.36%
ATR Inc-41.77%
Range Today1.5
ADR(20)1.69
ADR(20)%1.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.45
Mansfield-1.51
10 Day High90.2
10 Day Low83.42
20 Day High91.07
20 Day Low83.42
52 Week High111.94
52 Week Low78.87
CS1 End84.72
CR1 Start86.9
Volume & EV
DER(3)-3.17%
DER(5)-2.66%
Volume246.06K
Volume Incr-16.24%
Vol(5)222.88K
Vol(50)311.11K