FLUOR CORP (FLR) Stock Technical Analysis
USA - NYSE:FLR - US3434121022 - Common Stock
We assign a technical rating of 3 out of 10 to FLR. FLR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, FLR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 45.45, a Stop Loss order could be placed below this zone.
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39.58
When analyzing the support we can see 5 important areas.
- A support zone ranging from 44.85 to 45.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @43.76 from a trend line in the daily time frame.
- Support @41.72 from a trend line in the daily time frame.
- A support zone ranging from 40.88 to 41.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 39.98 to 39.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 46.62 to 47.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 48.45 to 48.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @50.74 from a horizontal line in the daily time frame.
- Resistance @56.13 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for FLR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FLR is neutral. |
| ChartMill Relative Strength | 34.57 | NEUTRAL | FLR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FLR is below a declining 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) | 47.49 | NEUTRAL | The RSI value for FLR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.51 | NEGATIVE | The MACD value suggests FLR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.43 | NEUTRAL | The Stochastics value for FLR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.1 | HIGH VOLATILITY | The high ATR as a percentage value for FLR suggests high volalility. |
| Average Directional Index/ADX (14) | 17.25 | NEGATIVE | The low ADX value for FLR suggests a weak or negative trend. |
45.73
+0.38 (+0.84%)
FLUOR CORP / FLR FAQ
What is the technical rating for FLR stock?
ChartMill assigns a technical rating of 3 / 10 to FLR.
Can you provide the trend direction for FLUOR CORP?
The current trend direction for FLUOR CORP (FLR) is Bearish.
What is the RSI signal for FLR stock?
FLUOR CORP (FLR) has an RSI value of 47.486. This indicates that the stock is currently neutral.
What is the short term momentum for FLUOR CORP (FLR) stock?
The short term momentum for FLUOR CORP (FLR) is neutral.
Can you provide the support and resistance levels for FLUOR CORP?
FLUOR CORP (FLR) has a support level at 45.45 and a resistance level at 46.62. Check the full technical report for our detailed analysis of FLR support and resistance levels.