FLUENCE ENERGY INC (FLNC)

US34379V1035 - Common Stock

16.85  +0.34 (+2.06%)

After market: 16.85 0 (0%)

Technical Rating and Analysis

1

Taking everything into account, FLNC scores 1 out of 10 in our technical rating. FLNC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

When comparing the yearly performance of all stocks, FLNC is a bad performer in the overall market: 79% of all stocks are doing better.
FLNC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FLNC is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
FLNC has an average volume of 2366980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
FLNC is an average performer in the Electrical Equipment industry, it outperforms 61% of 87 stocks in the same industry.
In the last month FLNC has a been trading in the 14.92 - 17.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
FLNC Weekly chart
FLNC Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, FLNC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 17.34. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

14.30

27.82

We found 3 important support areas.

  • Support @15.43 from a trend line in the daily time frame.
  • A support zone ranging from 15.10 to 15.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @14.44 from a trend line in the weekly time frame.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 17.34 to 17.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @23.19 from a trend line in the weekly time frame.
  • Resistance @25.42 from a trend line in the daily time frame.
  • Resistance @27.54 from a horizontal line in the daily time frame.
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
CRS21.87
Mansfield-2.98
10 Day High16.99
10 Day Low14.92
20 Day High17.85
20 Day Low14.92
52 Week High31.32
52 Week Low13.03
Performance
1 Week11.59%
2 Weeks4.4%
1 Month-2.83%
3 Month-16.25%
6 Month-2.38%
12 Month-6.7%
2 Year83.75%
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)0.08
RSI(14)55.22
LBB15.11
UBB17.36
FLNC Daily chart

FLUENCE ENERGY INC

NASDAQ:FLNC (4/26/2024, 7:00:00 PM)

After market: 16.85 0 (0%)

16.85

+0.34 (+2.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg2.06%
1 Week11.59%
2 Weeks4.4%
1 Month-2.83%
3 Month-16.25%
6 Month-2.38%
12 Month-6.7%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.87
ATR(20)%5.41%
ATR Inc
Range Today0.45
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High16.99
10 Day Low14.92
20 Day High17.85
20 Day Low14.92
52 Week High31.32
52 Week Low13.03
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume837.80K
Volume Incr-18.71%
Vol(5)1.25M
Vol(50)2.37M