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Groupe Flo (FLO.PA) Stock Technical Analysis

Europe - EPA:FLO - FR0014004X25 - Common Stock

21 EUR
0 (0%)
Last: 1/24/2023, 7:00:00 PM
Technical Rating and Analysis

8

Overall FLO gets a technical rating of 8 out of 10. Both in the recent history as in the last year, FLO has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: FLO has an average volume of 9819 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
FLO is part of the Hotels, Restaurants & Leisure industry. There are 53 other stocks in this industry. FLO outperforms 86% of them.
A new 52 week high is currently being made by FLO, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
When comparing the yearly performance of all stocks, we notice that FLO is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, FLO also shows a nice and consistent pattern of rising prices. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month FLO has a been trading in a tight range between 20.80 and 21.00.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
Groupe Flo / FLO Weekly stock chart
Groupe Flo / FLO Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, FLO also presents a decent setup pattern. 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 21.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.99, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

16.08

21.22

We found 2 important support areas.

  • A support zone ranging from 20.34 to 20.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @16.24 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 21.00 to 21.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for FLO.PA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for FLO.PA is up.
ChartMill Relative Strength92.28POSITIVEFLO.PA has a high relative strength, it outperformed 92.28% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of FLO.PA is above a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of FLO.PA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of FLO.PA is above the rising SMA(200).
Relative Strength Index/RSI (14)55.64NEUTRALThe RSI value for FLO.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests FLO.PA has a negative trend, although the MACD value is rising.
Stochastics (14,3)100OVERBOUGHTThe high Stochastics value suggests FLO.PA may be overbought.
Average True Range in percent/ATR (20)0.48LOW VOLATILITYThe low ATR as a percentage value for FLO.PA suggests low volalility.
Average Directional Index/ADX (14)17.86NEGATIVEThe low ADX value for FLO.PA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
21.0220.790.23 (1.09%)25.00%
An entry @21.02. This is a Buy Stop order right above the resistance zone.An exit @20.79. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.23 points, which is 1.09%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.27%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
Groupe Flo / FLO Daily stock chart

Groupe Flo

EPA:FLO (1/24/2023, 7:00:00 PM)

21

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0%
1 Week0%
2 Weeks0.96%
1 Month0%
3 Month0.96%
6 Month48.94%
12 Month31.25%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%0.48%
ATR Inc-100%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.28
Mansfield2.3
10 Day High21
10 Day Low20.8
20 Day High21
20 Day Low20.8
52 Week High21
52 Week Low11.5
CS1 End20.99
CR1 Start21
Volume & EV
DER(3)0%
DER(5)0%
Volume284.99K
Volume Incr666.36%
Vol(5)61.03K
Vol(50)9.82K