FINISH LINE INC (FINL) Stock Technical Analysis
USA - NASDAQ:FINL - US3179231002
Taking everything into account, FINL scores 6 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, FINL is only an average performer.
FINL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 13.51, a Stop Loss order could be placed below this zone.
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9.67
4 important support areas can be observed.
- A support zone ranging from 13.43 to 13.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.42 from a trend line in the weekly time frame.
- Support @10.87 from a trend line in the daily time frame.
- Support @9.77 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 13.52 to 13.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.54 from a horizontal line in the weekly time frame.
- Resistance @24.07 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for FINL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FINL is up. |
| ChartMill Relative Strength | 75.6 | POSITIVE | FINL has a high relative strength, it outperformed 75.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FINL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FINL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FINL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.57 | NEUTRAL | The RSI value for FINL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests FINL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8 | OVERSOLD | The low Stochastics value suggests FINL may be oversold. |
| Average True Range in percent/ATR (20) | 0.57 | LOW VOLATILITY | The low ATR as a percentage value for FINL suggests low volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.59 | 13.46 | 0.13 (0.96%) | 25.00% |
| An entry @13.59. This is a Buy Stop order right above the resistance zone. | An exit @13.46. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.13 points, which is 0.96%. | For a 0.24% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
13.51
+0.03 (+0.22%)
FINISH LINE INC / FINL FAQ
What is the technical rating for FINL stock?
ChartMill assigns a technical rating of 6 / 10 to FINL.
What is the current trend direction of FINISH LINE INC (FINL) stock?
The current trend direction for FINISH LINE INC (FINL) is Bullish.
What is the RSI signal for FINL stock?
FINISH LINE INC (FINL) has an RSI value of 53.5749. This indicates that the stock is currently neutral.
What is the MACD signal for FINISH LINE INC (FINL) stock?
The MACD indicator for FINISH LINE INC (FINL) has a value of -0.0206192, indicating a bearish trend.
What are the support and resistance levels for FINISH LINE INC (FINL) stock?
FINISH LINE INC (FINL) has a support level at 13.51 and a resistance level at 13.52. Check the full technical report for our detailed analysis of FINL support and resistance levels.