Taking everything into account, FLNC scores 10 out of 10 in our technical rating. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that FLNC is one of the better performing stocks in the market, outperforming 93% of all stocks.
- FLNC is part of the Electrical Equipment industry. There are 91 other stocks in this industry. FLNC outperforms 83% of them.
- FLNC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month FLNC has a been trading in the 18.91 - 27.93 range, which is quite wide. It is currently trading near the high of this range.
- FLNC has an average volume of 5945810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although FLNC has an excellent technical rating, it does not offer a high quality setup 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
We found 4 important support areas.
- A support zone ranging from 22.65 to 22.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 21.17 to 21.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.33 from a trend line in the daily time frame.
- Support @15.22 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 | UP | POSITIVE | The short term trend for FLNC is up. |
| ChartMill Relative Strength | 93.93 | POSITIVE | FLNC has a high relative strength, it outperformed 93.93% 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) | 61.07 | NEUTRAL | The RSI value for FLNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests FLNC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.34 | OVERBOUGHT | The high Stochastics value suggests FLNC may be overbought. |
| Average True Range in percent/ATR (20) | 7.34 | HIGH VOLATILITY | The high ATR as a percentage value for FLNC suggests high volalility. |
| Average Directional Index/ADX (14) | 29.18 | POSITIVE | The high ADX value value for FLNC suggests a strong trend. |
25.51
-1.57 (-5.8%)
FLUENCE ENERGY INC / FLNC FAQ
Can you provide the ChartMill technical rating for FLUENCE ENERGY INC?
ChartMill assigns a technical rating of 10 / 10 to FLNC.
What is the current trend direction of FLUENCE ENERGY INC (FLNC) stock?
The current trend direction for FLUENCE ENERGY INC (FLNC) is Bullish.
Can you provide the RSI signal for FLUENCE ENERGY INC?
FLUENCE ENERGY INC (FLNC) has an RSI value of 61.0689. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FLUENCE ENERGY INC?
The short term momentum for FLUENCE ENERGY INC (FLNC) is positive.
What are the support and resistance levels for FLUENCE ENERGY INC (FLNC) stock?
FLUENCE ENERGY INC (FLNC) has a support level at 22.96. Check the full technical report for our detailed analysis of FLNC support and resistance levels.