FLUOR CORP (FLR)

US3434121022 - Common Stock

40.03  -0.27 (-0.67%)

Technical Rating and Analysis

7

Taking everything into account, FLR scores 7 out of 10 in our technical rating. In the last year, FLR was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month FLR has a been trading in the 38.77 - 43.10 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 gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that FLR is one of the better performing stocks in the market, outperforming 85% of all stocks. On top of that, FLR also shows a nice and consistent pattern of rising prices.
FLR 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 FLR is performing more or less in line with the market.
FLR has an average volume of 1681230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FLR is an average performer in the Construction & Engineering industry, it outperforms 58% of 40 stocks in the same industry.
Weekly and Daily overview Charts
FLR Weekly chart
FLR Daily chart
Setup Rating and Analysis

8

FLR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 42.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 40.20, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

28.98

43.22

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 39.46 to 39.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @38.71 from a trend line in the weekly time frame.
  • A support zone ranging from 36.39 to 36.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @29.27 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 42.09 to 42.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.29
Mansfield0.36
10 Day High42.31
10 Day Low38.77
20 Day High43.1
20 Day Low38.77
52 Week High43.24
52 Week Low25.69
Performance
1 Week1.77%
2 Weeks-3.22%
1 Month-1.73%
3 Month5.53%
6 Month21.06%
12 Month38.68%
2 Year62.83%
3 Year75.37%
5 Year1.43%
10 Year-46.76%
15 Year6.42%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.26
RSI(14)50.17
LBB38.51
UBB42.87
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.

ENTRYEXITDISTANCECAPITAL
40.2139.450.76 (1.88%)25.00%
An entry @40.21. This is a Buy Stop order right above the 10 day moving average.An exit @39.45. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.76 points, which is 1.88%.For a 0.47% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of FLR. Please evaluate whether better entry and exit points can be found.
  • 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.
FLR Daily chart

FLUOR CORP

NYSE:FLR (4/25/2024, 9:28:30 AM)

40.03

-0.27 (-0.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-0.67%
1 Week1.77%
2 Weeks-3.22%
1 Month-1.73%
3 Month5.53%
6 Month21.06%
12 Month38.68%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.21
ATR(20)%2.87%
ATR Inc
Range Today0.51
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High42.31
10 Day Low38.77
20 Day High43.1
20 Day Low38.77
52 Week High43.24
52 Week Low25.69
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume53.31K
Volume Incr-10.82%
Vol(5)1.15M
Vol(50)1.68M