FLUOR CORP (FLR) Stock Technical Analysis
NYSE:FLR - New York Stock Exchange, Inc. - US3434121022 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to FLR. 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 37.48 - 51.55 range, which is quite wide. It is currently trading near the high of this range.
FLR has an average volume of 3653430 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 86% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
FLR is an average performer in the Construction & Engineering industry, it outperforms 60% of 51 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.
Volume is considerably higher in the last couple of days.
FLR has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
40.34
56.70
2 important support areas can be observed.
- A support zone ranging from 42.03 to 42.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @40.75 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 50.14 to 50.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @56.14 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 | 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 | 86.47 | POSITIVE | FLR has a high relative strength, it outperformed 86.47% 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) | 70.08 | OVERBOUGHT | The high RSI value suggests FLR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests FLR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.77 | OVERBOUGHT | The high Stochastics value suggests FLR may be overbought. |
| Average True Range in percent/ATR (20) | 3.95 | MEDIUM VOLATILITY | The ATR as a percentage value for FLR suggests some volalility. |
| Average Directional Index/ADX (14) | 47.97 | POSITIVE | The high ADX value value for FLR suggests a strong trend. |
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)
49.64
-0.4 (-0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-0.8%
1 Week2.58%
2 Weeks15.58%
1 Month31.05%
3 Month31.81%
6 Month-1.39%
12 Month10.26%
2 Year67.7%
3 Year103.94%
5 Year310.93%
10 Year-6.36%
15 Year16.8%
Volatility
ATR(14)1.94
ATR(20)%3.95%
ATR Inc-24.17%
Range Today1.35
ADR(20)1.82
ADR(20)%3.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.47
Mansfield0.47
10 Day High51.55
10 Day Low43.17
20 Day High51.55
20 Day Low37.48
52 Week High60.1
52 Week Low29.2
CS1 End42.2
CR1 Start50.14
Volume & EV
DER(3)-2.75%
DER(5)-0.35%
Volume8.49M
Volume Incr29.43%
Vol(5)5.58M
Vol(50)3.65M