Logo image of FLMN

FALCON MINERALS CORP (FLMN) Stock Technical Analysis

NASDAQ:FLMN - Nasdaq - US30607B1098 - Common Stock

7.77  +0.04 (+0.52%)

After market: 7.36 -0.41 (-5.28%)

Technical Rating and Analysis

10

Taking everything into account, FLMN scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, FLMN has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, FLMN did better than 98% of all other stocks. On top of that, FLMN also shows a nice and consistent pattern of rising prices.
FLMN is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry. FLMN outperforms 98% of them.
FLMN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so FLMN is leading the market.
In the last month FLMN has a been trading in the 6.61 - 7.90 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
FALCON MINERALS CORP / FLMN Weekly stock chart
FALCON MINERALS CORP / FLMN Daily stock chart
Setup Rating and Analysis

3

Although FLMN has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

4.24

7.86

We found 7 important support areas.

  • A support zone ranging from 6.96 to 7.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 6.74 to 6.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @5.55 from a trend line in the weekly time frame.
  • Support @5.22 from a trend line in the weekly time frame.
  • Support @4.64 from a trend line in the daily time frame.
  • Support @4.43 from a horizontal line in the weekly time frame.
  • Support @4.28 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 7.78 to 7.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98
Mansfield4.96
10 Day High7.9
10 Day Low6.61
20 Day High7.9
20 Day Low6.61
52 Week High7.9
52 Week Low4.24
Performance
1 Week6.58%
2 Weeks14.43%
1 Month2.37%
3 Month31.69%
6 Month73.05%
12 Month53.56%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.07
RSI(14)65.35
LBB6.6
UBB7.9
FALCON MINERALS CORP / FLMN Daily stock chart

FALCON MINERALS CORP

NASDAQ:FLMN (6/3/2022, 8:20:24 PM)

After market: 7.36 -0.41 (-5.28%)

7.77

+0.04 (+0.52%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.52%
1 Week6.58%
2 Weeks14.43%
1 Month2.37%
3 Month31.69%
6 Month73.05%
12 Month53.56%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%4.16%
ATR Inc-29.57%
Range Today0.16
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98
Mansfield4.96
10 Day High7.9
10 Day Low6.61
20 Day High7.9
20 Day Low6.61
52 Week High7.9
52 Week Low4.24
CS1 End7
CR1 Start7.78
Volume & EV
DER(3)6.66%
DER(5)4.56%
Volume525.20K
Volume Incr-11.87%
Vol(5)713.30K
Vol(50)766.10K