FLUENCE ENERGY INC (FLNC) Stock Technical Analysis
NASDAQ:FLNC - US34379V1035 - Common Stock
7.28 USD
-0.3 (-3.96%)
7.3 USD
+0.02 (+0.27%)
Overall FLNC gets a technical rating of 3 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, FLNC is a bad performer in the overall market: 75% of all stocks are doing better.
FLNC is one of the lesser performing stocks in the Electrical Equipment industry. 65% of 93 stocks in the same industry do better.
FLNC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month FLNC has a been trading in the 6.77 - 9.41 range, which is quite wide. It is currently trading near the lows of this range.
FLNC has an average volume of 5112900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FLNC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
6.76
8.84
We found 2 important support areas.
- Support @7.01 from a trend line in the daily time frame.
- Support @6.83 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.50 to 7.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.87 to 8.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @8.75 from a trend 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 | DOWN | NEGATIVE | The long term trend for FLNC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FLNC is down. |
| ChartMill Relative Strength | 25.19 | NEGATIVE | FLNC has a low relative strength, it was outperformed by 74.81% 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) | DOWN | NEGATIVE | The current price of FLNC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.6 | NEUTRAL | The RSI value for FLNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests FLNC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.51 | NEUTRAL | The Stochastics value for FLNC is a neutral value. |
| Average True Range in percent/ATR (20) | 8.59 | HIGH VOLATILITY | The high ATR as a percentage value for FLNC suggests high volalility. |
| Average Directional Index/ADX (14) | 19.43 | NEGATIVE | The low ADX value for FLNC suggests a weak or negative trend. |
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)
7.28
-0.3 (-3.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-3.96%
1 Week-2.67%
2 Weeks-3.58%
1 Month-11.22%
3 Month54.89%
6 Month27.27%
12 Month-60.37%
2 Year-72.37%
3 Year-63.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.66
ATR(20)%8.59%
ATR Inc-44.33%
Range Today0.33
ADR(20)0.56
ADR(20)%7.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.19
Mansfield-4.28
10 Day High8.69
10 Day Low6.77
20 Day High9.41
20 Day Low6.77
52 Week High24
52 Week Low3.46
CS1 End7.01
CR1 Start7.5
Volume & EV
DER(3)-0.37%
DER(5)0.08%
Volume2.94M
Volume Incr-0.53%
Vol(5)4.07M
Vol(50)5.11M