Taking everything into account, FFIC scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FFIC is only an average performer.
- The long and short term trends are both positive. This is looking good!
- FFIC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FFIC is lagging the market slightly.
- In the last month FFIC has a been trading in the 14.49 - 16.73 range, which is quite wide. It is currently trading near the high of this range.
- 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 68% of all stocks.
- FFIC is an average performer in the Banks industry, it outperforms 41% of 383 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although FFIC has an excellent technical rating, it does not present a decent entry opportunity 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
5 important support areas can be observed.
- A support zone ranging from 14.85 to 16.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.58 from a horizontal line in the daily time frame.
- A support zone ranging from 13.59 to 13.61. 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.
We found 1 important resistance area.
- A resistance zone ranging from 17.35 to 17.60. 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 | UP | POSITIVE | The long term trend for FFIC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FFIC is up. |
| ChartMill Relative Strength | 68.84 | NEUTRAL | FFIC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FFIC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FFIC is above 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) | 61.42 | NEUTRAL | The RSI value for FFIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests FFIC has a positive trend. |
| Stochastics (14,3) | 69.85 | NEUTRAL | The Stochastics value for FFIC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for FFIC suggests some volalility. |
| Average Directional Index/ADX (14) | 20.71 | NEUTRAL | The ADX value for FFIC suggests a possible start of a new trend. |
16.61
+0.46 (+2.85%)
FLUSHING FINANCIAL CORP / FFIC FAQ
What is the technical rating for FFIC stock?
ChartMill assigns a technical rating of 7 / 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 61.4164. 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 0.132519, 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 16.11 and a resistance level at 17.35. Check the full technical report for our detailed analysis of FFIC support and resistance levels.