Taking everything into account, FFIC scores 4 out of 10 in our technical rating. In the last year, FFIC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- FFIC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When comparing the performance of all stocks over the past year, FFIC turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
- FFIC is an average performer in the Banks industry, it outperforms 54% of 383 stocks in the same industry.
- FFIC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FFIC is lagging the market.
FFIC has an average technical rating and also the quality of the setup is only medium 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
10.98
4 important support areas can be observed.
- A support zone ranging from 14.57 to 15.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.38 to 13.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.15 from a horizontal line in the daily time frame.
- Support @11.09 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.05 to 15.41. 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 FFIC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FFIC is down. |
| ChartMill Relative Strength | 69.82 | NEUTRAL | FFIC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FFIC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FFIC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FFIC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.01 | NEUTRAL | The RSI value for FFIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests FFIC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.02 | NEUTRAL | The Stochastics value for FFIC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for FFIC suggests some volalility. |
| Average Directional Index/ADX (14) | 39.86 | POSITIVE | The high ADX value value for FFIC suggests a strong trend. |
15.04
-0.13 (-0.86%)
FLUSHING FINANCIAL CORP / FFIC FAQ
What is the technical rating for FFIC stock?
ChartMill assigns a technical rating of 4 / 10 to FFIC.
What is the current trend direction of FLUSHING FINANCIAL CORP (FFIC) stock?
The current trend direction for FLUSHING FINANCIAL CORP (FFIC) is Bullish.
Can you provide the RSI signal for FLUSHING FINANCIAL CORP?
FLUSHING FINANCIAL CORP (FFIC) has an RSI value of 38.0094. This indicates that the stock is currently neutral.
What is the MACD signal for FFIC stock?
The MACD indicator for FLUSHING FINANCIAL CORP (FFIC) has a value of -0.178603, indicating a bearish trend.
What are the support and resistance levels for FLUSHING FINANCIAL CORP (FFIC) stock?
FLUSHING FINANCIAL CORP (FFIC) has a support level at 15.03 and a resistance level at 15.05. Check the full technical report for our detailed analysis of FFIC support and resistance levels.