FLEETCOR TECHNOLOGIES INC (FLT) Technical Analysis
NYSE:FLT • US3390411052
Current stock price
FLT Technical Rating and Analysis
Taking everything into account, FLT scores 10 out of 10 in our technical rating. 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.
- Looking at the yearly performance, FLT did better than 87% of all other stocks. On top of that, FLT also shows a nice and consistent pattern of rising prices.
- FLT is part of the Financial Services industry. There are 99 other stocks in this industry. FLT outperforms 91% of them.
- FLT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with 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
4 important support areas can be observed.
- 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.
When analyzing the resistance we notice one important 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.
What is the RSI signal for FLT stock?
FLEETCOR TECHNOLOGIES INC (FLT) has an RSI value of 65.3395. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FLEETCOR TECHNOLOGIES INC?
The MACD indicator for FLEETCOR TECHNOLOGIES INC (FLT) has a value of 1.50175, indicating a bullish trend.
Can you provide the buy/sell signal for FLEETCOR TECHNOLOGIES INC?
The buy/sell signal for FLEETCOR TECHNOLOGIES INC (FLT) is buy as both the short term and long term trends are positive.