We assign a technical rating of 9 out of 10 to FLNC. Both in the recent history as in the last year, FLNC has proven to be a steady performer, scoring decent points in every aspect analyzed.
FLNC 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
15.07
When analyzing the support we can see 4 important areas.
- A support zone ranging from 18.76 to 18.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.68 from a trend line in the daily time frame.
- Support @16.55 from a trend line in the daily time frame.
- Support @15.22 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @23.96 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 | UP | POSITIVE | The long term trend for FLNC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FLNC is up. |
| ChartMill Relative Strength | 96.45 | POSITIVE | FLNC has a high relative strength, it outperformed 96.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FLNC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FLNC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FLNC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.54 | NEUTRAL | The RSI value for FLNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests FLNC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.26 | NEUTRAL | The Stochastics value for FLNC is a neutral value. |
| Average True Range in percent/ATR (20) | 9.99 | HIGH VOLATILITY | The high ATR as a percentage value for FLNC suggests high volalility. |
| Average Directional Index/ADX (14) | 24.63 | NEUTRAL | The ADX value for FLNC suggests a possible start of a new trend. |
21.52
-0.67 (-3.02%)
FLUENCE ENERGY INC / FLNC FAQ
Can you provide the ChartMill technical rating for FLUENCE ENERGY INC?
ChartMill assigns a technical rating of 9 / 10 to FLNC.
Can you provide the trend direction for FLUENCE ENERGY INC?
The current trend direction for FLUENCE ENERGY INC (FLNC) is Bullish.
What is the RSI signal for FLNC stock?
FLUENCE ENERGY INC (FLNC) has an RSI value of 53.5428. This indicates that the stock is currently neutral.
What is the MACD signal for FLNC stock?
The MACD indicator for FLUENCE ENERGY INC (FLNC) has a value of 0.192384, indicating a bearish trend.
What is the support and resistance level for FLNC stock?
FLUENCE ENERGY INC (FLNC) has a support level at 18.94 and a resistance level at 23.96. Check the full technical report for our detailed analysis of FLNC support and resistance levels.