FLORIDIENNE (FLOB.BR) Stock Technical Analysis
EBR:FLOB - Euronext Brussels - BE0003215143 - Common Stock - Currency: EUR
Overall FLOB gets a technical rating of 6 out of 10. FLOB has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, FLOB 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 645.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 636.00, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FLOB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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554.39
When analyzing the support we can see 4 important areas.
- A support zone ranging from 624.80 to 636.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @605.38 from a trend line in the daily time frame.
- A support zone ranging from 576.16 to 590.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 559.99 to 564.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 645.00 to 648.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 669.29 to 670.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 685.01 to 690.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @705.00 from a horizontal line in the weekly 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 FLOB.BR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FLOB.BR is up. |
| ChartMill Relative Strength | 31.87 | NEUTRAL | FLOB.BR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FLOB.BR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FLOB.BR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FLOB.BR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.18 | NEUTRAL | The RSI value for FLOB.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.82 | POSITIVE | The MACD value suggests FLOB.BR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.49 | NEUTRAL | The Stochastics value for FLOB.BR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for FLOB.BR suggests some volalility. |
| Average Directional Index/ADX (14) | 10.75 | NEGATIVE | The low ADX value for FLOB.BR suggests a weak or negative trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 648.89 | 624.79 | 24.10 (3.71%) | 25.00% |
| An entry @648.89. This is a Buy Stop order right above the resistance zone. | An exit @624.79. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 24.10 points, which is 3.71%. | For a 0.93% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
EBR:FLOB (5/30/2025, 7:00:00 PM)
640
+5 (+0.79%)