FOOT LOCKER INC (FL) Stock Technical Analysis
NYSE:FL - New York Stock Exchange, Inc. - US3448491049 - Common Stock - Currency: USD
Overall FL gets a technical rating of 9 out of 10. Both in the recent history as in the last year, FL has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
FL is one of the better performing stocks in the Specialty Retail industry, it outperforms 87% of 122 stocks in the same industry.
In the last month FL has a been trading in the 23.84 - 25.73 range, which is quite wide. It is currently trading near the high of this range.
FL has an average volume of 6118120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that FL is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this relatively good performance is mostly due to a recent big move.
FL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FL is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although FL has an excellent technical rating, it does not offer a high quality setup 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
23.47
28.49
We found 2 important support areas.
- A support zone ranging from 24.77 to 25.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 23.71 to 23.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 25.57 to 25.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @28.21 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 FL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FL is up. |
| ChartMill Relative Strength | 92.23 | POSITIVE | FL has a high relative strength, it outperformed 92.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 74.23 | OVERBOUGHT | The high RSI value suggests FL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests FL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 84.93 | OVERBOUGHT | The high Stochastics value suggests FL may be overbought. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for FL suggests low volalility. |
| Average Directional Index/ADX (14) | 57.69 | POSITIVE | The high ADX value value for FL suggests a strong 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)
25.56
+0.39 (+1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg1.55%
1 Week1.91%
2 Weeks3.15%
1 Month6.63%
3 Month117.9%
6 Month22.65%
12 Month-3.4%
2 Year-4.88%
3 Year-9.9%
5 Year-13.03%
10 Year-63.77%
15 Year88.08%
Volatility
ATR(14)0.42
ATR(20)%1.51%
ATR Inc-12.93%
Range Today0.49
ADR(20)0.38
ADR(20)%1.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.23
Mansfield0.68
10 Day High25.73
10 Day Low24.64
20 Day High25.73
20 Day Low23.84
52 Week High33.94
52 Week Low11
CS1 End25.03
CR1 Start25.18
Volume & EV
DER(3)-1.31%
DER(5)-1.13%
Volume3.98M
Volume Incr-20.63%
Vol(5)2.95M
Vol(50)6.12M