Flutter Entertainment Plc (FLTR.I) Technical Analysis
DUB:FLTR • IE00BWT6H894
Current stock price
FLTR.I Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to FLTR. FLTR has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- When comparing the yearly performance of all stocks, we notice that FLTR is one of the better performing stocks in the market, outperforming 88% of all stocks.
- FLTR is part of the Hotels, Restaurants & Leisure industry. There are 50 other stocks in this industry. FLTR outperforms 91% of them.
- FLTR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FLTR is lagging the market slightly.
- In the last month FLTR has a been trading in the 146.95 - 185.40 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
FLTR.I Weekly and Daily overview Charts
FLTR.I Setup Rating and Analysis
Although FLTR has an excellent technical rating, it does not present a decent entry opportunity 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
FLTR.I Support and Resistance Analysis
139.99
When analyzing the support we can see 3 important areas.
- A support zone ranging from 160.63 to 163.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 146.58 to 148.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 141.40 to 142.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
FLTR.I 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 FLTR.I is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FLTR.I is up. |
| ChartMill Relative Strength | 88.88 | POSITIVE | FLTR.I has a high relative strength, it outperformed 88.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FLTR.I is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FLTR.I is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FLTR.I is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.43 | OVERBOUGHT | The high RSI value suggests FLTR.I may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.23 | POSITIVE | The MACD value suggests FLTR.I has a positive trend. |
| Stochastics (14,3) | 92.41 | OVERBOUGHT | The high Stochastics value suggests FLTR.I may be overbought. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for FLTR.I suggests some volalility. |
| Average Directional Index/ADX (14) | 27.42 | POSITIVE | The high ADX value value for FLTR.I suggests a strong trend. |
FLTR.I Chart- and CandleStick Pattern Analysis
FLTR.I Technicals: Chart, Performance Metrics, Trend & Indicators
DUB:FLTR (1/23/2024, 7:00:00 PM)
181.95
-0.8 (-0.44%)
Flutter Entertainment Plc / FLTR.I TA FAQ
What is the technical rating for FLTR stock?
ChartMill assigns a technical rating of 9 / 10 to FLTR.I.
What is the current trend direction of Flutter Entertainment Plc (FLTR.I) stock?
The current trend direction for Flutter Entertainment Plc (FLTR.I) is Bearish.
Can you provide the RSI signal for Flutter Entertainment Plc?
Flutter Entertainment Plc (FLTR.I) has an RSI value of 74.4279. This indicates that the stock is currently overbought.
What is the MACD signal for FLTR stock?
The MACD indicator for Flutter Entertainment Plc (FLTR.I) has a value of 3.23399, indicating a bullish trend.