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 9 out of 10 in our technical rating. 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 part of the Specialty Retail industry. There are 120 other stocks in this industry. FL outperforms 80% of them.
FL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
FL has an average volume of 6670210 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 82% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
FL 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 FL is lagging the market slightly.
FL has an excellent technical rating, but 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
12.20
29.25
We found 2 important support areas.
- A support zone ranging from 23.71 to 23.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.32 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 23.91 to 24.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.80 from a horizontal line in the daily time frame.
- Resistance @28.96 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 | 82.05 | POSITIVE | FL has a high relative strength, it outperformed 82.05% 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) | 79.85 | OVERBOUGHT | The high RSI value suggests FL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.96 | POSITIVE | The MACD value suggests FL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 97.38 | OVERBOUGHT | The high Stochastics value suggests FL may be overbought. |
| Average True Range in percent/ATR (20) | 4.49 | MEDIUM VOLATILITY | The ATR as a percentage value for FL suggests some volalility. |
| Average Directional Index/ADX (14) | 42.84 | 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)
23.9
+0.19 (+0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.8%
1 Week0.29%
2 Weeks79.97%
1 Month84.7%
3 Month37.99%
6 Month-4.97%
12 Month-13.81%
2 Year-5.61%
3 Year-27.53%
5 Year-13.72%
10 Year-62.18%
15 Year60.3%
Volatility
ATR(14)1.23
ATR(20)%4.49%
ATR Inc-82.57%
Range Today0.21
ADR(20)0.45
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.05
Mansfield0.39
10 Day High24.16
10 Day Low12.87
20 Day High24.16
20 Day Low11.38
52 Week High33.94
52 Week Low11
CS1 End23.71
CR1 Start23.91
Volume & EV
DER(3)-0.44%
DER(5)-1.01%
Volume5.06M
Volume Incr-30.52%
Vol(5)6.26M
Vol(50)6.67M