FAIRFAX FINL HLDGS LTD - FFHCN 6.3 PERP (FFH-PR-D.CA) Technical Analysis
TSX:FFH-PR-D • CA3039016074
We assign a technical rating of 8 out of 10 to FFH-PR-D. Both in the recent history as in the last year, FFH-PR-D has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: FFH-PR-D has an average volume of 10609 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that FFH-PR-D is one of the better performing stocks in the market, outperforming 79% of all stocks.
- FFH-PR-D is one of the better performing stocks in the Insurance industry, it outperforms 97% of 80 stocks in the same industry.
- FFH-PR-D is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so FFH-PR-D is leading the market.
- FFH-PR-D is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- In the last month FFH-PR-D has a been trading in a tight range between 24.81 and 25.52.
Although FFH-PR-D has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
19.28
We found 6 important support areas.
- Support @24.95 from a horizontal line in the daily time frame.
- A support zone ranging from 23.93 to 24.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.33 from a trend line in the weekly time frame.
- A support zone ranging from 21.19 to 21.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.70 from a horizontal line in the daily time frame.
- Support @19.47 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.14 to 25.45. 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 | UP | POSITIVE | The long term trend for FFH-PR-D.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FFH-PR-D.CA is up. |
| ChartMill Relative Strength | 79.07 | POSITIVE | FFH-PR-D.CA has a high relative strength, it outperformed 79.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FFH-PR-D.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FFH-PR-D.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FFH-PR-D.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.48 | NEUTRAL | The RSI value for FFH-PR-D.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests FFH-PR-D.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.71 | NEUTRAL | The Stochastics value for FFH-PR-D.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.31 | LOW VOLATILITY | The low ATR as a percentage value for FFH-PR-D.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 40.79 | POSITIVE | The high ADX value value for FFH-PR-D.CA suggests a strong trend. |
FFH-PR-D.CA Technicals: Chart, Performance Metrics, Trend & Indicators
FAIRFAX FINL HLDGS LTD - FFHCN 6.3 PERP
TSX:FFH-PR-D (12/24/2024, 7:00:00 PM)
24.97
0 (0%)
FAIRFAX FINL HLDGS LTD - FFHCN 6.3 PERP / FFH-PR-D.CA FAQ
What is the technical rating for FFH-PR-D stock?
ChartMill assigns a technical rating of 8 / 10 to FFH-PR-D.CA.
What is the trend direction for FFH-PR-D stock?
The current trend direction for FAIRFAX FINL HLDGS LTD - FFHCN 6.3 PERP (FFH-PR-D.CA) is Bullish.
What is the RSI signal for FFH-PR-D stock?
FAIRFAX FINL HLDGS LTD - FFHCN 6.3 PERP (FFH-PR-D.CA) has an RSI value of 58.4775. This indicates that the stock is currently neutral.
What is the buy/sell signal for FFH-PR-D stock?
The buy/sell signal for FAIRFAX FINL HLDGS LTD - FFHCN 6.3 PERP (FFH-PR-D.CA) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for FAIRFAX FINL HLDGS LTD - FFHCN 6.3 PERP?
FAIRFAX FINL HLDGS LTD - FFHCN 6.3 PERP (FFH-PR-D.CA) has a support level at 24.95 and a resistance level at 25.14. Check the full technical report for our detailed analysis of FFH-PR-D.CA support and resistance levels.