FLEETCOR TECHNOLOGIES INC (FLT) Stock Technical Analysis
USA - NYSE:FLT - US3390411052 - Common Stock
Taking everything into account, FLT scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FLT is showing a nice and steady performance.
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
When analyzing the support we can see 4 important 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. |
303.26
-2.54 (-0.83%)
FLEETCOR TECHNOLOGIES INC / FLT FAQ
What is the ChartMill technical rating of FLEETCOR TECHNOLOGIES INC (FLT) stock?
ChartMill assigns a technical rating of 10 / 10 to FLT.
What is the current trend direction of FLEETCOR TECHNOLOGIES INC (FLT) stock?
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 buy/sell signal for FLT stock?
The buy/sell signal for FLEETCOR TECHNOLOGIES INC (FLT) is buy as both the short term and long term trends are positive.
What is the support and resistance level for FLT stock?
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.