FLOWCO HOLDINGS INC-CL A (FLOC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FLOC - US3429091081 - Common Stock
Taking everything into account, FLOC scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, FLOC is a bad performer.
Besides having an excellent technical rating, FLOC also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 19.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.01, a Stop Loss order could be placed below this zone.
More info and screens
17.47
We found 1 important support area.
- A support zone ranging from 17.65 to 18.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.17 to 19.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 FLOC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FLOC is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | FLOC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FLOC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FLOC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FLOC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.78 | NEUTRAL | The RSI value for FLOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests FLOC has a positive trend. |
| Stochastics (14,3) | 76.15 | NEUTRAL | The Stochastics value for FLOC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for FLOC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.59 | NEGATIVE | The low ADX value for FLOC 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 |
|---|---|---|---|
| 19.18 | 17.59 | 1.59 (8.29%) | 12.06% |
| An entry @19.18. This is a Buy Stop order right above the resistance zone. | An exit @17.59. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.59 points, which is 8.29%. | For a 1.00% total portfolio risk, you can invest 12.06% 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.
19.16
+0.07 (+0.37%)
FLOWCO HOLDINGS INC-CL A / FLOC FAQ
Can you provide the ChartMill technical rating for FLOWCO HOLDINGS INC-CL A?
ChartMill assigns a technical rating of 7 / 10 to FLOC.
What is the trend direction for FLOC stock?
The current trend direction for FLOWCO HOLDINGS INC-CL A (FLOC) is Bullish.
Can you provide the RSI signal for FLOWCO HOLDINGS INC-CL A?
FLOWCO HOLDINGS INC-CL A (FLOC) has an RSI value of 67.7792. This indicates that the stock is currently neutral.
What is the buy/sell signal for FLOWCO HOLDINGS INC-CL A (FLOC) stock?
The buy/sell signal for FLOWCO HOLDINGS INC-CL A (FLOC) is buy as both the short term and long term trends are positive.
What is the support and resistance level for FLOC stock?
FLOWCO HOLDINGS INC-CL A (FLOC) has a support level at 18.01 and a resistance level at 19.17. Check the full technical report for our detailed analysis of FLOC support and resistance levels.