FIRST OF LONG ISLAND CORP (FLIC) Stock Technical Analysis
NASDAQ:FLIC - Nasdaq - US3207341062 - Common Stock - Currency: USD
Overall FLIC gets a technical rating of 3 out of 10. FLIC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
FLIC is one of the lesser performing stocks in the Banks industry. 75% of 395 stocks in the same industry do better.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, FLIC outperforms 57% of them, which is more or less in line with the market.
FLIC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FLIC is lagging the market.
In the last month FLIC has a been trading in the 11.39 - 12.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FLIC has a poor technical rating and the quality of the setup is also not perfect 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
10.50
14.25
When analyzing the support we can see 2 important areas.
- Support @10.81 from a trend line in the weekly time frame.
- A support zone ranging from 10.61 to 10.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 11.88 to 12.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.39 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 12.68 to 12.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.11 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for FLIC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FLIC is neutral. |
| ChartMill Relative Strength | 57 | NEUTRAL | FLIC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FLIC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FLIC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FLIC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.58 | NEUTRAL | The RSI value for FLIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests FLIC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.3 | NEUTRAL | The Stochastics value for FLIC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for FLIC suggests some volalility. |
| Average Directional Index/ADX (14) | 20.54 | NEUTRAL | The ADX value for FLIC suggests a possible start of a new 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)
11.87
+0.03 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.25%
1 Week1.54%
2 Weeks-6.39%
1 Month1.89%
3 Month-9.87%
6 Month-17.97%
12 Month18.7%
2 Year16.26%
3 Year-37.59%
5 Year-22.27%
10 Year5.81%
15 Year58.03%
Volatility
ATR(14)0.3
ATR(20)%2.6%
ATR Inc6.52%
Range Today0.47
ADR(20)0.26
ADR(20)%2.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57
Mansfield-0.63
10 Day High12.65
10 Day Low11.39
20 Day High12.98
20 Day Low11.39
52 Week High15.03
52 Week Low9.3
CS1 End10.81
CR1 Start11.88
Volume & EV
DER(3)-1.23%
DER(5)-1.37%
Volume314.70K
Volume Incr62.57%
Vol(5)90.50K
Vol(50)74.79K