FLAGSTAR BANK NA (FLG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FLG - US6494454001 - Common Stock
We assign a technical rating of 10 out of 10 to FLG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FLG is showing a nice and steady performance.
Although FLG has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.49
When analyzing the support we can see 4 important areas.
- A support zone ranging from 12.10 to 12.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.30 from a trend line in the weekly time frame.
- A support zone ranging from 10.81 to 10.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.60 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 13.22 to 13.49. 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 FLG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FLG is neutral. |
| ChartMill Relative Strength | 87.5 | POSITIVE | FLG has a high relative strength, it outperformed 87.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FLG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FLG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FLG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.38 | NEUTRAL | The RSI value for FLG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests FLG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.76 | NEUTRAL | The Stochastics value for FLG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for FLG suggests some volalility. |
| Average Directional Index/ADX (14) | 33.68 | POSITIVE | The high ADX value value for FLG suggests a strong trend. |
13.13
+0.58 (+4.62%)
FLAGSTAR BANK NA / FLG FAQ
Can you provide the ChartMill technical rating for FLAGSTAR BANK NA?
ChartMill assigns a technical rating of 10 / 10 to FLG.
Can you provide the trend direction for FLAGSTAR BANK NA?
The current trend direction for FLAGSTAR BANK NA (FLG) is Bullish.
Can you provide the RSI signal for FLAGSTAR BANK NA?
FLAGSTAR BANK NA (FLG) has an RSI value of 61.3759. This indicates that the stock is currently neutral.
What is the short term momentum for FLAGSTAR BANK NA (FLG) stock?
The short term momentum for FLAGSTAR BANK NA (FLG) is neutral.
What are the support and resistance levels for FLAGSTAR BANK NA (FLG) stock?
FLAGSTAR BANK NA (FLG) has a support level at 12.65 and a resistance level at 13.22. Check the full technical report for our detailed analysis of FLG support and resistance levels.