FLOWSERVE CORP (FLS) Technical Analysis
NYSE:FLS • US34354P1057
Current stock price
FLS Technical Rating and Analysis
Taking everything into account, FLS scores 4 out of 10 in our technical rating. Although FLS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Looking at the yearly performance, FLS did better than 88% of all other stocks. We also observe that the gains produced by FLS over the past year are nicely spread over this period.
- FLS is part of the Machinery industry. There are 131 other stocks in this industry. FLS outperforms 84% of them.
- FLS has an average volume of 1680320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- FLS 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 FLS is lagging the market slightly.
- In the last month FLS has a been trading in the 68.89 - 80.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FLS Weekly and Daily overview Charts
FLS Setup Rating and Analysis
FLS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 75.25. Right above this resistance zone may be a good entry point.
More info and screens
FLS Support and Resistance Analysis
53.38
4 important support areas can be observed.
- Support @71.40 from a horizontal line in the weekly time frame.
- A support zone ranging from 69.16 to 69.68. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @57.44 from a trend line in the weekly time frame.
- Support @53.92 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 75.25 to 76.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
FLS 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 FLS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FLS is down. |
| ChartMill Relative Strength | 88.57 | POSITIVE | FLS has a high relative strength, it outperformed 88.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FLS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FLS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FLS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.16 | NEUTRAL | The RSI value for FLS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests FLS has a positive trend. |
| Stochastics (14,3) | 66.84 | NEUTRAL | The Stochastics value for FLS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for FLS suggests some volalility. |
| Average Directional Index/ADX (14) | 37.9 | POSITIVE | The high ADX value value for FLS suggests a strong trend. |
FLS Chart- and CandleStick Pattern Analysis
FLS Technicals: Chart, Performance Metrics, Trend & Indicators
75.24
-0.16 (-0.21%)
FLOWSERVE CORP / FLS TA FAQ
What is the ChartMill technical rating of FLOWSERVE CORP (FLS) stock?
ChartMill assigns a technical rating of 4 / 10 to FLS.
What is the trend direction for FLS stock?
The current trend direction for FLOWSERVE CORP (FLS) is Bearish.
Can you provide the RSI signal for FLOWSERVE CORP?
FLOWSERVE CORP (FLS) has an RSI value of 47.1609. This indicates that the stock is currently neutral.
What is the MACD signal for FLOWSERVE CORP (FLS) stock?
The MACD indicator for FLOWSERVE CORP (FLS) has a value of 0.239233, indicating a bearish trend.