FLUOR CORP (FLR) Technical Analysis
NYSE:FLR • US3434121022
Current stock price
FLR Technical Rating and Analysis
Overall FLR gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FLR is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month FLR has a been trading in the 42.46 - 48.90 range, which is quite wide. It is currently trading near the high of this range.
- FLR has an average volume of 2827570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that FLR is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- FLR is an average performer in the Construction & Engineering industry, it outperforms 54% of 56 stocks in the same industry.
- FLR 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 FLR is lagging the market slightly.
FLR Weekly and Daily overview Charts
FLR Setup Rating and Analysis
FLR 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 47.36, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FLR 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
FLR Support and Resistance Analysis
39.59
We found 4 important support areas.
- A support zone ranging from 45.86 to 47.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 44.00 to 44.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 42.97 to 43.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.99 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 53.01 to 53.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @56.13 from a horizontal line in the weekly time frame.
FLR 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 FLR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FLR is up. |
| ChartMill Relative Strength | 81.65 | POSITIVE | FLR has a high relative strength, it outperformed 81.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FLR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FLR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FLR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.42 | NEUTRAL | The RSI value for FLR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests FLR has a positive trend. |
| Stochastics (14,3) | 69.32 | NEUTRAL | The Stochastics value for FLR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for FLR suggests some volalility. |
| Average Directional Index/ADX (14) | 17.94 | NEGATIVE | The low ADX value for FLR suggests a weak or negative trend. |
FLR Chart- and CandleStick Pattern Analysis
FLR 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 |
|---|---|---|---|
| 48.91 | 45.85 | 3.06 (6.26%) | 15.98% |
| An entry @48.91. This is a Buy Stop order right above the 10 day high. | An exit @45.85. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.06 points, which is 6.26%. | For a 1.00% total portfolio risk, you can invest 15.98% 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 Technicals: Chart, Performance Metrics, Trend & Indicators
47.72
+0.74 (+1.58%)
FLUOR CORP / FLR TA FAQ
What is the technical rating for FLR stock?
ChartMill assigns a technical rating of 8 / 10 to FLR.
What is the current trend direction of FLUOR CORP (FLR) stock?
The current trend direction for FLUOR CORP (FLR) is Bullish.
What is the RSI signal for FLUOR CORP (FLR) stock?
FLUOR CORP (FLR) has an RSI value of 53.4162. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FLUOR CORP?
The short term momentum for FLUOR CORP (FLR) is positive.
What is the support and resistance level for FLR stock?
FLUOR CORP (FLR) has a support level at 47.36 and a resistance level at 53.01. Check the full technical report for our detailed analysis of FLR support and resistance levels.