FLUTTER ENTERTAINMENT PLC-DI (FLUT) Stock Technical Analysis
NYSE:FLUT - IE00BWT6H894 - Common Stock
299.42 USD
+4.42 (+1.5%)
299.42 USD
0 (0%)
Taking everything into account, FLUT scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FLUT is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that FLUT is one of the better performing stocks in the market, outperforming 87% of all stocks.
FLUT is part of the Hotels, Restaurants & Leisure industry. There are 131 other stocks in this industry. FLUT outperforms 76% of them.
FLUT 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 FLUT is lagging the market slightly.
FLUT has an average volume of 2857460 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 276.86 - 313.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, FLUT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 306.79. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 292.25, a Stop Loss order could be placed below this zone.
More info and screens
217.62
310.03
3 important support areas can be observed.
- A support zone ranging from 289.36 to 292.25. 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 278.34 to 282.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @219.82 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 306.79 to 306.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 FLUT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FLUT is up. |
| ChartMill Relative Strength | 87.53 | POSITIVE | FLUT has a high relative strength, it outperformed 87.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FLUT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FLUT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FLUT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.48 | NEUTRAL | The RSI value for FLUT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.62 | NEGATIVE | The MACD value suggests FLUT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 52.84 | NEUTRAL | The Stochastics value for FLUT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for FLUT suggests some volalility. |
| Average Directional Index/ADX (14) | 19.09 | NEGATIVE | The low ADX value for FLUT suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 306.97 | 289.35 | 17.62 (5.74%) | 17.42% |
| An entry @306.97. This is a Buy Stop order right above the resistance zone. | An exit @289.35. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 17.62 points, which is 5.74%. | For a 1.00% total portfolio risk, you can invest 17.42% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
299.42
+4.42 (+1.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg1.5%
1 Week2.08%
2 Weeks6.71%
1 Month-1.82%
3 Month24.25%
6 Month9.83%
12 Month41.78%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.04
ATR(20)%2.45%
ATR Inc-34.24%
Range Today5.75
ADR(20)6.6
ADR(20)%2.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.53
Mansfield0.67
10 Day High300.77
10 Day Low280.39
20 Day High313.69
20 Day Low276.86
52 Week High313.69
52 Week Low196.88
CS1 End292.25
CR1 Start306.79
Volume & EV
DER(3)0.64%
DER(5)-0.98%
Volume748.80K
Volume Incr-43.78%
Vol(5)1.28M
Vol(50)2.86M