FLEETCOR TECHNOLOGIES INC (FLT) Technical Analysis
NYSE:FLT • US3390411052
Current stock price
FLT Technical Rating and Analysis
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.
- The long and short term trends are both positive. This is looking good!
- 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 part of the Financial Services industry. There are 100 other stocks in this industry. FLT outperforms 92% of them.
- 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.
FLT Weekly and Daily overview Charts
FLT Setup Rating and Analysis
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
FLT Support and Resistance Analysis
242.22
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.
FLT 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 | 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. |
FLT Chart- and CandleStick Pattern Analysis
FLT Technicals: Chart, Performance Metrics, Trend & Indicators
303.26
-2.54 (-0.83%)
FLEETCOR TECHNOLOGIES INC / FLT TA FAQ
What is the ChartMill technical rating of FLEETCOR TECHNOLOGIES INC (FLT) stock?
ChartMill assigns a technical rating of 10 / 10 to FLT.
Can you provide the trend direction for FLEETCOR TECHNOLOGIES INC?
The current trend direction for FLEETCOR TECHNOLOGIES INC (FLT) is Bullish.
Can you provide the RSI signal for FLEETCOR TECHNOLOGIES INC?
FLEETCOR TECHNOLOGIES INC (FLT) has an RSI value of 65.3395. This indicates that the stock is currently neutral.
What is the MACD signal for FLT stock?
The MACD indicator for FLEETCOR TECHNOLOGIES INC (FLT) has a value of 1.50175, indicating a bullish trend.
Can you provide the support and resistance levels for FLEETCOR TECHNOLOGIES INC?
FLEETCOR TECHNOLOGIES INC (FLT) has a support level at 291.14 and a resistance level at 303.27. Check the full technical report for our detailed analysis of FLT support and resistance levels.