FLAGSTAR FINANCIAL INC (FLG) Stock Technical Analysis
NYSE:FLG - New York Stock Exchange, Inc. - US6494454001 - Common Stock - Currency: USD
Overall FLG gets a technical rating of 3 out of 10. In the last year, FLG was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
100% of all other stocks performed better in the past year than FLG.
FLG is one of the lesser performing stocks in the Banks industry. 96% of 393 stocks in the same industry do better.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
FLG has an average volume of 6824470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month FLG has a been trading in the 10.55 - 12.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
The technical rating of FLG 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
9.83
12.76
When analyzing the support we can see 3 important areas.
- Support @11.24 from a trend line in the weekly time frame.
- Support @10.88 from a trend line in the daily time frame.
- A support zone ranging from 9.93 to 9.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 11.39 to 11.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.11 to 12.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 12.62 to 12.63. 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 FLG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FLG is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | FLG has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FLG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FLG is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 47.89 | NEUTRAL | The RSI value for FLG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests FLG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 42.58 | NEUTRAL | The Stochastics value for FLG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.51 | MEDIUM VOLATILITY | The ATR as a percentage value for FLG suggests some volalility. |
| Average Directional Index/ADX (14) | 19.01 | NEGATIVE | The low ADX value for FLG 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)
11.36
-0.03 (-0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.26%
1 Week-4.22%
2 Weeks-1.13%
1 Month5.09%
3 Month-5.73%
6 Month-3.97%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%3.51%
ATR Inc92.1%
Range Today0.26
ADR(20)0.37
ADR(20)%3.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High12.54
10 Day Low10.9
20 Day High12.54
20 Day Low10.55
52 Week HighN/A
52 Week LowN/A
CS1 End11.24
CR1 Start11.39
Volume & EV
DER(3)1.06%
DER(5)0.41%
Volume9.20M
Volume Incr26.96%
Vol(5)9.84M
Vol(50)6.82M