FABRINET (FN) Stock Technical Analysis
USA - NYSE:FN - KYG3323L1005 - Common Stock
Taking everything into account, FN scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, FN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although FN 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
282.36
6 important support areas can be observed.
- Support @408.03 from a trend line in the daily time frame.
- Support @400.23 from a horizontal line in the daily time frame.
- Support @362.18 from a trend line in the weekly time frame.
- Support @355.53 from a horizontal line in the daily time frame.
- Support @343.45 from a trend line in the daily time frame.
- Support @285.21 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 | UP | POSITIVE | The long term trend for FN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FN is up. |
| ChartMill Relative Strength | 93.33 | POSITIVE | FN has a high relative strength, it outperformed 93.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.39 | NEUTRAL | The RSI value for FN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.84 | POSITIVE | The MACD value suggests FN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.32 | NEUTRAL | The Stochastics value for FN is a neutral value. |
| Average True Range in percent/ATR (20) | 5.03 | HIGH VOLATILITY | The high ATR as a percentage value for FN suggests high volalility. |
| Average Directional Index/ADX (14) | 27.79 | POSITIVE | The high ADX value value for FN suggests a strong trend. |
461.24
-25.67 (-5.27%)
FABRINET / FN FAQ
Can you provide the ChartMill technical rating for FABRINET?
ChartMill assigns a technical rating of 10 / 10 to FN.
Can you provide the trend direction for FABRINET?
The current trend direction for FABRINET (FN) is Bullish.
Can you provide the RSI signal for FABRINET?
FABRINET (FN) has an RSI value of 65.3871. This indicates that the stock is currently neutral.
What is the MACD signal for FN stock?
The MACD indicator for FABRINET (FN) has a value of 3.84463, indicating a bullish trend.
What is the buy/sell signal for FN stock?
The buy/sell signal for FABRINET (FN) is buy as both the short term and long term trends are positive.