FLUTTER ENTERTAINMENT PLC-DI (FLUT) Technical Analysis
NYSE:FLUT • IE00BWT6H894
Current stock price
FLUT Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to FLUT. FLUT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 96% of all other stocks performed better in the past year than FLUT.
- FLUT is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry, of which 88% are performing better than FLUT.
- FLUT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so FLUT is lagging the market.
- FLUT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- FLUT has an average volume of 4365760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
FLUT Weekly and Daily overview Charts
FLUT Setup Rating and Analysis
Although the technical rating is bad, FLUT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 106.14, a Stop Loss order could be placed below this zone.
More info and screens
FLUT Support and Resistance Analysis
104.47
When analyzing the support we notice one important area.
- A support zone ranging from 105.53 to 106.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @114.57 from a horizontal line in the daily time frame.
- Resistance @170.90 from a trend line in the daily time frame.
- Resistance @189.88 from a trend line in the daily time frame.
FLUT 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 | DOWN | NEGATIVE | The long term trend for FLUT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FLUT is down. |
| ChartMill Relative Strength | 4.43 | NEGATIVE | FLUT has a low relative strength, it was outperformed by 95.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FLUT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FLUT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FLUT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.31 | NEUTRAL | The RSI value for FLUT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.12 | POSITIVE | The MACD value suggests FLUT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.81 | NEUTRAL | The Stochastics value for FLUT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.67 | HIGH VOLATILITY | The high ATR as a percentage value for FLUT suggests high volalility. |
| Average Directional Index/ADX (14) | 53.95 | POSITIVE | The high ADX value value for FLUT suggests a strong trend. |
FLUT Chart- and CandleStick Pattern Analysis
FLUT Technicals: Chart, Performance Metrics, Trend & Indicators
106.41
-0.09 (-0.08%)
FLUTTER ENTERTAINMENT PLC-DI / FLUT TA FAQ
What is the ChartMill technical rating of FLUTTER ENTERTAINMENT PLC-DI (FLUT) stock?
ChartMill assigns a technical rating of 0 / 10 to FLUT.
Can you provide the trend direction for FLUTTER ENTERTAINMENT PLC-DI?
The current trend direction for FLUTTER ENTERTAINMENT PLC-DI (FLUT) is Bearish.
Can you provide the RSI signal for FLUTTER ENTERTAINMENT PLC-DI?
FLUTTER ENTERTAINMENT PLC-DI (FLUT) has an RSI value of 30.3076. This indicates that the stock is currently neutral.
What is the MACD signal for FLUTTER ENTERTAINMENT PLC-DI (FLUT) stock?
The MACD indicator for FLUTTER ENTERTAINMENT PLC-DI (FLUT) has a value of 2.12181, indicating a bullish trend.
What is the buy/sell signal for FLUT stock?
The buy/sell signal for FLUTTER ENTERTAINMENT PLC-DI (FLUT) is sell as both the short term and long term trends are negative.