FOOT LOCKER INC (FL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FL - US3448491049 - Common Stock
Overall FL gets a technical rating of 2 out of 10. In the last year, FL was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
The technical rating of FL is bad and it also does not present a 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
23.71
We found 1 important support area.
- A support zone ranging from 23.95 to 24.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 25.17 to 25.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 26.42 to 26.49. 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 | DOWN | NEGATIVE | The short term trend for FL is down. |
| ChartMill Relative Strength | 21.9 | NEGATIVE | FL has a low relative strength, it was outperformed by 78.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FL is below a declining 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) | 35.43 | NEUTRAL | The RSI value for FL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests FL has a negative trend. |
| Stochastics (14,3) | 2.06 | OVERSOLD | The low Stochastics value suggests FL may be oversold. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for FL suggests some volalility. |
| Average Directional Index/ADX (14) | 25.85 | POSITIVE | The high ADX value value for FL suggests a strong trend. |
24.01
-0.09 (-0.37%)
FOOT LOCKER INC / FL FAQ
What is the ChartMill technical rating of FOOT LOCKER INC (FL) stock?
ChartMill assigns a technical rating of 2 / 10 to FL.
What is the current trend direction of FOOT LOCKER INC (FL) stock?
The current trend direction for FOOT LOCKER INC (FL) is Bullish.
What is the RSI signal for FL stock?
FOOT LOCKER INC (FL) has an RSI value of 35.4336. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FOOT LOCKER INC?
The MACD indicator for FOOT LOCKER INC (FL) has a value of -0.277359, indicating a bearish trend.
What are the support and resistance levels for FOOT LOCKER INC (FL) stock?
FOOT LOCKER INC (FL) has a support level at 24 and a resistance level at 25.17. Check the full technical report for our detailed analysis of FL support and resistance levels.