FLUSHING FINANCIAL CORP (FFIC) Stock Technical Analysis
NASDAQ:FFIC - Nasdaq - US3438731057 - Common Stock - Currency: USD
Overall FFIC gets a technical rating of 0 out of 10. FFIC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
74% of all other stocks performed better in the past year than FFIC.
FFIC is part of the Banks industry. There are 395 other stocks in this industry, of which 93% are performing better than FFIC.
FFIC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FFIC is lagging the market.
In the last month FFIC has a been trading in the 11.86 - 13.35 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
FFIC has a poor technical rating and the quality of the setup is also 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
10.78
14.86
3 important support areas can be observed.
- Support @11.97 from a horizontal line in the daily time frame.
- Support @11.09 from a horizontal line in the weekly time frame.
- A support zone ranging from 10.89 to 10.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- Resistance @12.06 from a trend line in the daily time frame.
- A resistance zone ranging from 12.58 to 12.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.18 from a horizontal line in the daily time frame.
- Resistance @13.40 from a horizontal line in the daily time frame.
- Resistance @14.71 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for FFIC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FFIC is down. |
| ChartMill Relative Strength | 26.1 | NEGATIVE | FFIC has a low relative strength, it was outperformed by 73.9% 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) | DOWN | NEGATIVE | The current price of FFIC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FFIC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.41 | NEUTRAL | The RSI value for FFIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests FFIC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.21 | OVERSOLD | The low Stochastics value suggests FFIC may be oversold. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for FFIC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.91 | NEGATIVE | The low ADX value for FFIC suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
12.03
-0.11 (-0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.91%
1 Week-1.07%
2 Weeks-7.46%
1 Month-1.47%
3 Month-16.05%
6 Month-32.19%
12 Month-5.42%
2 Year3.26%
3 Year-47.92%
5 Year6.08%
10 Year-37.93%
15 Year-11.15%
Volatility
ATR(14)0.3
ATR(20)%2.61%
ATR Inc-36.97%
Range Today0.18
ADR(20)0.29
ADR(20)%2.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.1
Mansfield-1.7
10 Day High13.01
10 Day Low11.86
20 Day High13.35
20 Day Low11.86
52 Week High18.59
52 Week Low10.65
CS1 End11.97
CR1 Start12.06
Volume & EV
DER(3)-2.88%
DER(5)-0.05%
Volume130.30K
Volume Incr-19.18%
Vol(5)159.38K
Vol(50)272.52K