FLOWCO HOLDINGS INC-CL A (FLOC) Technical Analysis
NYSE:FLOC • US3429091081
Current stock price
FLOC Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to FLOC. Although FLOC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- FLOC is one of the lesser performing stocks in the Energy Equipment & Services industry. 81% of 60 stocks in the same industry do better.
- Both the short term and long term trends are positive. This is a very positive sign.
- FLOC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FLOC is performing more or less in line with the market.
- In the last month FLOC has a been trading in the 21.80 - 24.91 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that FLOC is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this relatively good performance is mostly due to a recent big move.
FLOC Weekly and Daily overview Charts
FLOC Setup Rating and Analysis
Although FLOC has an excellent technical rating, the quality of the presented setup is not ideal 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
FLOC Support and Resistance Analysis
18.33
When analyzing the support we can see 4 important areas.
- Support @23.65 from a horizontal line in the weekly time frame.
- A support zone ranging from 22.80 to 23.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.26 to 22.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @18.52 from a horizontal line in the daily time frame.
FLOC 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.
| 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 | 75.84 | POSITIVE | FLOC has a high relative strength, it outperformed 75.84% 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) | UP | POSITIVE | The current price of FLOC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.31 | NEUTRAL | The RSI value for FLOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests FLOC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.33 | NEUTRAL | The Stochastics value for FLOC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.61 | MEDIUM VOLATILITY | The ATR as a percentage value for FLOC suggests some volalility. |
| Average Directional Index/ADX (14) | 37.95 | POSITIVE | The high ADX value value for FLOC suggests a strong trend. |
FLOC Chart- and CandleStick Pattern Analysis
FLOC Technicals: Chart, Performance Metrics, Trend & Indicators
24.45
+0.81 (+3.43%)
FLOWCO HOLDINGS INC-CL A / FLOC TA FAQ
Can you provide the ChartMill technical rating for FLOWCO HOLDINGS INC-CL A?
ChartMill assigns a technical rating of 8 / 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 58.3094. 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 23.07 and a resistance level at 23.65. Check the full technical report for our detailed analysis of FLOC support and resistance levels.