FLUSHING FINANCIAL CORP (FFIC) Stock Technical Analysis
USA - NASDAQ:FFIC - US3438731057 - Common Stock
We assign a technical rating of 2 out of 10 to FFIC. In the last year, FFIC was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
FFIC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 13.46. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.66, a Stop Loss order could be placed below this zone.
More info and screens
10.98
When analyzing the support we can see 3 important areas.
- A support zone ranging from 12.48 to 12.66. 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 2 important areas.
- A resistance zone ranging from 13.46 to 13.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.20 to 14.40. 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 | NEUTRAL | NEUTRAL | The long term trend for FFIC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FFIC is down. |
| ChartMill Relative Strength | 26.72 | NEGATIVE | FFIC has a low relative strength, it was outperformed by 73.28% off all stocks 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) | DOWN | MIXED | The current price of FFIC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.56 | NEUTRAL | The RSI value for FFIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests FFIC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.4 | NEUTRAL | The Stochastics value for FFIC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for FFIC suggests some volalility. |
| Average Directional Index/ADX (14) | 20.72 | NEUTRAL | The ADX value for FFIC suggests a possible start of a new trend. |
13.22
+0.26 (+2.01%)
FLUSHING FINANCIAL CORP / FFIC FAQ
What is the ChartMill technical rating of FLUSHING FINANCIAL CORP (FFIC) stock?
ChartMill assigns a technical rating of 2 / 10 to FFIC.
Can you provide the trend direction for FLUSHING FINANCIAL CORP?
The current trend direction for FLUSHING FINANCIAL CORP (FFIC) is Bearish.
Can you provide the RSI signal for FLUSHING FINANCIAL CORP?
FLUSHING FINANCIAL CORP (FFIC) has an RSI value of 46.5595. This indicates that the stock is currently neutral.
What is the short term momentum for FFIC stock?
The short term momentum for FLUSHING FINANCIAL CORP (FFIC) is negative.
What is the support and resistance level for FFIC stock?
FLUSHING FINANCIAL CORP (FFIC) has a support level at 12.66 and a resistance level at 13.46. Check the full technical report for our detailed analysis of FFIC support and resistance levels.