FOOT LOCKER INC (FL) Stock Technical Analysis
NYSE:FL - New York Stock Exchange, Inc. - US3448491049 - Common Stock - Currency: USD
Taking everything into account, FL scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, FL is a bad performer.
When comparing the yearly performance of all stocks, FL is a bad performer in the overall market: 79% of all stocks are doing better.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
In the last month FL has a been trading in the 24.40 - 26.07 range, which is quite wide. It is currently trading near the high of this range.
FL has an average volume of 3319550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FL is an average performer in the Specialty Retail industry, it outperforms 41% of 123 stocks in the same industry.
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.
FL has an average technical rating and also the quality of the setup is 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
23.45
26.27
We found 2 important support areas.
- A support zone ranging from 24.60 to 25.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.69 to 23.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 26.01 to 26.01. 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 | UP | POSITIVE | The long term trend for FL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FL is neutral. |
| ChartMill Relative Strength | 21.7 | NEGATIVE | FL has a low relative strength, it was outperformed by 78.3% 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) | UP | POSITIVE | The current price of FL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.68 | NEUTRAL | The RSI value for FL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests FL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 70.14 | NEUTRAL | The Stochastics value for FL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for FL suggests low volalility. |
| Average Directional Index/ADX (14) | 28.51 | 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)
26
+0.35 (+1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg1.36%
1 Week2.81%
2 Weeks3.34%
1 Month4.88%
3 Month9.01%
6 Month28.02%
12 Month-20.17%
2 Year32.52%
3 Year-29.42%
5 Year-14.28%
10 Year-63.27%
15 Year121.47%
Volatility
ATR(14)0.48
ATR(20)%1.86%
ATR Inc90.22%
Range Today0.56
ADR(20)0.46
ADR(20)%1.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.7
Mansfield0.85
10 Day High26.07
10 Day Low24.4
20 Day High26.07
20 Day Low24.4
52 Week High33.94
52 Week Low11
CS1 End25.21
CR1 Start26.01
Volume & EV
DER(3)2.61%
DER(5)1.14%
Volume4.08M
Volume Incr56.75%
Vol(5)3.83M
Vol(50)3.32M