FLUTTER ENTERTAINMENT PLC-DI (FLUT) Technical Analysis
NYSE:FLUT • IE00BWT6H894
Current stock price
FLUT Technical Rating and Analysis
Overall FLUT gets a technical rating of 1 out of 10. FLUT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, FLUT is a bad performer in the overall market: 95% of all stocks are doing better.
- FLUT is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry, of which 91% are performing better than FLUT.
- FLUT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- FLUT has an average volume of 4248830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month FLUT has a been trading in the 98.88 - 114.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FLUT Weekly and Daily overview Charts
FLUT Setup Rating and Analysis
Although the technical rating is bad, FLUT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 110.08. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 107.34, a Stop Loss order could be placed below this zone.
More info and screens
FLUT Support and Resistance Analysis
103.49
We found 1 important support area.
- A support zone ranging from 104.54 to 107.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 110.08 to 111.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @150.09 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 | NEUTRAL | NEUTRAL | The short term trend for FLUT is neutral. |
| ChartMill Relative Strength | 5.53 | NEGATIVE | FLUT has a low relative strength, it was outperformed by 94.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FLUT is above the rising 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) | 50.05 | NEUTRAL | The RSI value for FLUT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.8 | POSITIVE | The MACD value suggests FLUT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.69 | NEUTRAL | The Stochastics value for FLUT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.72 | MEDIUM VOLATILITY | The ATR as a percentage value for FLUT suggests some volalility. |
| Average Directional Index/ADX (14) | 21.99 | NEUTRAL | The ADX value for FLUT suggests a possible start of a new trend. |
FLUT Chart- and CandleStick Pattern Analysis
FLUT Technicals: Chart, Performance Metrics, Trend & Indicators
109.63
-0.45 (-0.41%)
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 1 / 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.
What is the RSI signal for FLUTTER ENTERTAINMENT PLC-DI (FLUT) stock?
FLUTTER ENTERTAINMENT PLC-DI (FLUT) has an RSI value of 50.0514. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FLUTTER ENTERTAINMENT PLC-DI?
The short term momentum for FLUTTER ENTERTAINMENT PLC-DI (FLUT) is neutral.
What are the support and resistance levels for FLUTTER ENTERTAINMENT PLC-DI (FLUT) stock?
FLUTTER ENTERTAINMENT PLC-DI (FLUT) has a support level at 107.34 and a resistance level at 110.08. Check the full technical report for our detailed analysis of FLUT support and resistance levels.