FLUOR CORP (FLR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FLR - US3434121022 - Common Stock
Overall FLR gets a technical rating of 2 out of 10. FLR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
FLR has a poor technical rating and the quality of the setup is also 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.
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39.59
When analyzing the support we notice one important area.
- A support zone ranging from 39.99 to 40.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 44.83 to 45.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @46.51 from a trend line in the daily time frame.
- Resistance @48.96 from a horizontal line in the weekly 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 | 27.09 | NEGATIVE | FLR has a low relative strength, it was outperformed by 72.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FLR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FLR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FLR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.36 | NEUTRAL | The RSI value for FLR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests FLR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.13 | NEUTRAL | The Stochastics value for FLR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.16 | MEDIUM VOLATILITY | The ATR as a percentage value for FLR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.23 | NEGATIVE | The low ADX value for FLR suggests a weak or negative trend. |
43.35
-0.61 (-1.39%)
FLUOR CORP / FLR FAQ
What is the technical rating for FLR stock?
ChartMill assigns a technical rating of 2 / 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 48.3561. 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 40.88 and a resistance level at 44.83. Check the full technical report for our detailed analysis of FLR support and resistance levels.