FER Technical Analysis - FERROVIAL SE

Technical Rating and Analysis

Overall FER gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FER is showing a nice and steady performance.

Warning: FER has an average volume of 10863 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

Both the short term and long term trends are positive. This is a very positive sign.

Looking at the yearly performance, FER did better than 90% of all other stocks. We also observe that the gains produced by FER over the past year are nicely spread over this period.

FER is part of the Construction & Engineering industry. There are 44 other stocks in this industry. FER outperforms 79% of them.

FER is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month FER has a been trading in the 47.99 - 54.72 range, which is quite wide. It is currently trading near the high of this range.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although FER has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

42.67

54.50

We found 6 important support areas.

A support zone ranging from 50.16 to 50.61. 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 48.06 to 48.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @47.07 from a trend line in the weekly time frame.
Support @45.37 from a trend line in the weekly time frame.
Support @44.25 from a horizontal line in the daily time frame.
Support @43.10 from a horizontal line in the daily time frame.

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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	UP	POSITIVE	The long term trend for FER.AS is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for FER.AS is up.
ChartMill Relative Strength	90.3	POSITIVE	FER.AS has a high relative strength, it outperformed 90.3% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of FER.AS is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of FER.AS is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of FER.AS is above the rising SMA(200).
Relative Strength Index/RSI (14)	80.13	OVERBOUGHT	The high RSI value suggests FER.AS may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.27	POSITIVE	The MACD value suggests FER.AS has a positive trend.
Stochastics (14,3)	91.56	OVERBOUGHT	The high Stochastics value suggests FER.AS may be overbought.
Average True Range in percent/ATR (20)	1.63	LOW VOLATILITY	The low ATR as a percentage value for FER.AS suggests low volalility.
Average Directional Index/ADX (14)	47.76	POSITIVE	The high ADX value value for FER.AS suggests a strong trend.