FLR Technical Analysis - FLUOR CORP

Technical Rating and Analysis

Overall FLR gets a technical rating of 5 out of 10. In the last year, FLR was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

When comparing the yearly performance of all stocks, FLR is a bad performer in the overall market: 79% of all stocks are doing better.

FLR is part of the Construction & Engineering industry. There are 54 other stocks in this industry, of which 60% are performing better than FLR.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.

In the last month FLR has a been trading in the 40.50 - 52.05 range, which is quite wide. It is currently trading near the high of this range.

FLR has an average volume of 3921860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

FLR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FLR is lagging the market.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

Setup Rating and Analysis

FLR has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

39.59

57.35

3 important support areas can be observed.

A support zone ranging from 42.05 to 45.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @40.88 from a horizontal line in the daily time frame.
Support @39.99 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 55.28 to 56.78. This zone is formed by a combination of multiple trend lines in multiple time frames.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	NEUTRAL	NEUTRAL	The long term trend for FLR is neutral.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for FLR is up.
ChartMill Relative Strength	21.89	NEGATIVE	FLR has a low relative strength, it was outperformed by 78.11% 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)	UP	POSITIVE	The current price of FLR is above the rising SMA(200).
Relative Strength Index/RSI (14)	74.38	OVERBOUGHT	The high RSI value suggests FLR may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.78	POSITIVE	The MACD value suggests FLR has a positive trend.
Stochastics (14,3)	89.59	OVERBOUGHT	The high Stochastics value suggests FLR may be overbought.
Average True Range in percent/ATR (20)	3.88	MEDIUM VOLATILITY	The ATR as a percentage value for FLR suggests some volalility.
Average Directional Index/ADX (14)	18.41	NEGATIVE	The low ADX value for FLR suggests a weak or negative trend.