Taking everything into account, FLNC scores 6 out of 10 in our technical rating. In the last year, FLNC was one of the better performers, but we do observe some doubts in the very recent evolution.
Although the technical rating is only medium, FLNC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
8.49
When analyzing the support we can see 3 important areas.
- A support zone ranging from 15.39 to 15.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.81 from a trend line in the daily time frame.
- Support @8.58 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @20.83 from a trend line in the weekly time frame.
- Resistance @21.44 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The short term trend for FLNC is down. |
| ChartMill Relative Strength | 92.09 | POSITIVE | FLNC has a high relative strength, it outperformed 92.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FLNC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FLNC is below 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) | 42.54 | NEUTRAL | The RSI value for FLNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.77 | NEGATIVE | The MACD value suggests FLNC has a negative trend. |
| Stochastics (14,3) | 10.34 | OVERSOLD | The low Stochastics value suggests FLNC may be oversold. |
| Average True Range in percent/ATR (20) | 14.85 | HIGH VOLATILITY | The high ATR as a percentage value for FLNC suggests high volalility. |
| Average Directional Index/ADX (14) | 26.98 | POSITIVE | The high ADX value value for FLNC suggests a strong trend. |
15.4
-0.11 (-0.71%)
FLUENCE ENERGY INC / FLNC FAQ
Can you provide the ChartMill technical rating for FLUENCE ENERGY INC?
ChartMill assigns a technical rating of 6 / 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 42.544. 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 -0.77461, indicating a bearish trend.
What is the support and resistance level for FLNC stock?
FLUENCE ENERGY INC (FLNC) has a support level at 15.39 and a resistance level at 20.83. Check the full technical report for our detailed analysis of FLNC support and resistance levels.