FLUTTER ENTERTAINMENT PLC-DI (FLTR.L) Stock Technical Analysis
LON:FLTR - London Exchange - IE00BWT6H894 - Common Stock - Currency: GBX
Taking everything into account, FLTR scores 3 out of 10 in our technical rating. FLTR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, FLTR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 18483.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18438.90, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FLTR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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When analyzing the support we can see 4 important areas.
- A support zone ranging from 18202.20 to 18438.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 17845.00 to 17864.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @16611.20 from a trend line in the weekly time frame.
- Support @16035.00 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 18483.70 to 18610.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19160.00 from a horizontal line in the daily time frame.
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.L is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FLTR.L is neutral. |
| ChartMill Relative Strength | 67.77 | NEUTRAL | FLTR.L is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FLTR.L is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FLTR.L is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FLTR.L is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.58 | NEUTRAL | The RSI value for FLTR.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -14.56 | NEGATIVE | The MACD value suggests FLTR.L has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.92 | NEUTRAL | The Stochastics value for FLTR.L is a neutral value. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for FLTR.L suggests some volalility. |
| Average Directional Index/ADX (14) | 10.77 | NEGATIVE | The low ADX value for FLTR.L suggests a weak or negative trend. |
LON:FLTR (6/6/2025, 5:29:33 PM)
18440
+495 (+2.76%)