FLEETCOR TECHNOLOGIES INC (FLT) Stock Technical Analysis
NYSE:FLT - New York Stock Exchange, Inc. - US3390411052 - Common Stock - Currency: USD
Overall FLT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, FLT has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that FLT is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by FLT over the past year are nicely spread over this period.
FLT is one of the better performing stocks in the Financial Services industry, it outperforms 86% of 101 stocks in the same industry.
FLT is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so FLT is leading the market.
In the last month FLT has a been trading in the 273.88 - 309.39 range, which is quite wide. It is currently trading near the high of this range.
Although FLT has an excellent technical rating, the quality of the presented setup is not ideal 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
242.22
309.46
We found 4 important support areas.
- A support zone ranging from 283.73 to 291.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @271.61 from a horizontal line in the weekly time frame.
- Support @265.11 from a horizontal line in the daily time frame.
- Support @244.67 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 303.27 to 306.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 FLT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FLT is up. |
| ChartMill Relative Strength | 87.43 | POSITIVE | FLT has a high relative strength, it outperformed 87.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FLT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FLT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FLT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.34 | NEUTRAL | The RSI value for FLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.5 | POSITIVE | The MACD value suggests FLT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.96 | OVERBOUGHT | The high Stochastics value suggests FLT may be overbought. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for FLT suggests low volalility. |
| Average Directional Index/ADX (14) | 30.28 | POSITIVE | The high ADX value value for FLT 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)
303.26
-2.54 (-0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-0.83%
1 Week2.58%
2 Weeks3.14%
1 Month7.84%
3 Month9.31%
6 Month12.33%
12 Month51.01%
2 Year21.76%
3 Year12.89%
5 Year22.98%
10 Year163.48%
15 YearN/A
Volatility
ATR(14)5.44
ATR(20)%1.98%
ATR Inc-47.11%
Range Today3.32
ADR(20)5.59
ADR(20)%1.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.43
Mansfield0.28
10 Day High309.39
10 Day Low289.99
20 Day High309.39
20 Day Low273.88
52 Week High309.39
52 Week Low201.67
CS1 End291.14
CR1 Start303.27
Volume & EV
DER(3)-3.66%
DER(5)-2.17%
Volume334.90K
Volume Incr-17.21%
Vol(5)413.76K
Vol(50)473.99K