USA - NYSE:FG - US30190A1043 - Common Stock
Overall FG gets a technical rating of 0 out of 10. FG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, FG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 29.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 29.40, a Stop Loss order could be placed below this zone.
28.62
When analyzing the support we notice one important area.
We can see 4 important resistance areas.
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 FG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FG is down. |
| ChartMill Relative Strength | 13.44 | NEGATIVE | FG has a low relative strength, it was outperformed by 86.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.58 | NEUTRAL | The RSI value for FG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests FG has a positive trend. |
| Stochastics (14,3) | 28.02 | NEUTRAL | The Stochastics value for FG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for FG suggests some volalility. |
| Average Directional Index/ADX (14) | 22.56 | NEUTRAL | The ADX value for FG suggests a possible start of a new trend. |
29.71
+0.38 (+1.3%)
ChartMill assigns a technical rating of 0 / 10 to FG.
The current trend direction for F&G ANNUITIES & LIFE INC (FG) is Bearish.
F&G ANNUITIES & LIFE INC (FG) has an RSI value of 40.5765. This indicates that the stock is currently neutral.
The MACD indicator for F&G ANNUITIES & LIFE INC (FG) has a value of 0.111433, indicating a bearish trend.
The buy/sell signal for F&G ANNUITIES & LIFE INC (FG) is sell as both the short term and long term trends are negative.