FLOWCO HOLDINGS INC-CL A (FLOC) Technical Analysis
NYSE:FLOC • US3429091081
Current stock price
FLOC Technical Rating and Analysis
Overall FLOC gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FLOC is only an average performer.
- FLOC is part of the Energy Equipment & Services industry. There are 60 other stocks in this industry, of which 88% are performing better than FLOC.
- In the last month FLOC has a been trading in the 21.31 - 24.91 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the performance of all stocks over the past year, FLOC turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
- FLOC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FLOC is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
FLOC Weekly and Daily overview Charts
FLOC Setup Rating and Analysis
FLOC has an excellent technical rating and 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 22.08, 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.
More info and screens
FLOC Support and Resistance Analysis
18.33
When analyzing the support we can see 2 important areas.
- A support zone ranging from 21.46 to 22.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.52 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 22.75 to 23.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.37 to 24.45. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for FLOC is neutral. |
| ChartMill Relative Strength | 60.33 | NEUTRAL | FLOC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FLOC is below 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) | 49.64 | NEUTRAL | The RSI value for FLOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests FLOC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29 | NEUTRAL | The Stochastics value for FLOC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.12 | HIGH VOLATILITY | The high ATR as a percentage value for FLOC suggests high volalility. |
| Average Directional Index/ADX (14) | 29.37 | POSITIVE | The high ADX value value for FLOC suggests a strong trend. |
FLOC Chart- and CandleStick Pattern Analysis
FLOC 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 23.32 | 21.45 | 1.87 (8.02%) | 12.47% |
| An entry @23.32. This is a Buy Stop order right above the resistance zone. | An exit @21.45. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.87 points, which is 8.02%. | When investing 12.47% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
FLOC Technicals: Chart, Performance Metrics, Trend & Indicators
22.54
+0.26 (+1.17%)
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 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 49.6395. This indicates that the stock is currently neutral.
What are the support and resistance levels for FLOWCO HOLDINGS INC-CL A (FLOC) stock?
FLOWCO HOLDINGS INC-CL A (FLOC) has a support level at 22.08 and a resistance level at 22.75. Check the full technical report for our detailed analysis of FLOC support and resistance levels.