FLOWCO HOLDINGS INC-CL A (FLOC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FLOC - US3429091081 - Common Stock
Overall FLOC gets a technical rating of 7 out of 10. 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. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 18.98, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FLOC 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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17.45
2 important support areas can be observed.
- A support zone ranging from 18.52 to 18.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 17.63 to 18.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 19.33 to 19.52. 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 | 30.26 | NEUTRAL | FLOC is not amongst the best or worst performers 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) | 62.32 | NEUTRAL | The RSI value for FLOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests FLOC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.68 | NEUTRAL | The Stochastics value for FLOC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.63 | MEDIUM VOLATILITY | The ATR as a percentage value for FLOC suggests some volalility. |
| Average Directional Index/ADX (14) | 24.35 | NEUTRAL | The ADX value for FLOC suggests a possible start of a new 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 |
|---|---|---|---|
| 19.53 | 18.51 | 1.02 (5.22%) | 19.15% |
| An entry @19.53. This is a Buy Stop order right above the resistance zone. | An exit @18.51. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.02 points, which is 5.22%. | For a 1.00% total portfolio risk, you can invest 19.15% 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.
19.24
-0.09 (-0.47%)
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 62.3165. 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 18.98 and a resistance level at 19.33. Check the full technical report for our detailed analysis of FLOC support and resistance levels.