FTAI INFRASTRUCTURE INC (FIP) Stock Technical Analysis
NASDAQ:FIP - Nasdaq - US35953C1062 - Common Stock - Currency: USD
Taking everything into account, FIP scores 4 out of 10 in our technical rating. In the past year, FIP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, FIP is a bad performer in the overall market: 83% of all stocks are doing better.
FIP is one of the lesser performing stocks in the Ground Transportation industry. 65% of 39 stocks in the same industry do better.
In the last month FIP has a been trading in the 3.90 - 5.50 range, which is quite wide. It is currently trading near the high of this range.
FIP has an average volume of 1463520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
FIP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FIP is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
FIP 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. We notice that large players showed an interest for FIP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.28
5.52
When analyzing the support we can see 2 important areas.
- A support zone ranging from 4.99 to 5.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.31 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.47 to 5.47. 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 | DOWN | NEGATIVE | The long term trend for FIP is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FIP is up. |
| ChartMill Relative Strength | 17.41 | NEGATIVE | FIP has a low relative strength, it was outperformed by 82.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FIP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FIP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FIP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.39 | NEUTRAL | The RSI value for FIP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests FIP has a positive trend. |
| Stochastics (14,3) | 80.39 | OVERBOUGHT | The high Stochastics value suggests FIP may be overbought. |
| Average True Range in percent/ATR (20) | 6.47 | HIGH VOLATILITY | The high ATR as a percentage value for FIP suggests high volalility. |
| Average Directional Index/ADX (14) | 18.74 | NEGATIVE | The low ADX value for FIP 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)
5.46
+0.46 (+9.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg9.2%
1 Week6.23%
2 Weeks18.7%
1 Month25.23%
3 Month-8.39%
6 Month-35.54%
12 Month-38.93%
2 Year68%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%6.47%
ATR Inc-7.07%
Range Today0.27
ADR(20)0.33
ADR(20)%6.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.41
Mansfield-2.83
10 Day High5.51
10 Day Low4.58
20 Day High5.51
20 Day Low3.91
52 Week High10.46
52 Week Low3.1
CS1 End5.01
CR1 Start5.47
Volume & EV
DER(3)1.42%
DER(5)3.97%
Volume2.60M
Volume Incr13.92%
Vol(5)1.57M
Vol(50)1.46M