FABRINET (FN) Stock Technical Analysis
NYSE:FN - New York Stock Exchange, Inc. - KYG3323L1005 - Common Stock - Currency: USD
Taking everything into account, FN scores 7 out of 10 in our technical rating. In the last year, FN was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month FN has a been trading in the 190.01 - 233.92 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, FN outperforms 42% of them, which is more or less in line with the market.
FN is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, FN did better than 54% of them.
FN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FN is lagging the market slightly.
Although FN has an excellent technical rating, the quality of the presented setup is not ideal 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
173.66
269.54
We found 3 important support areas.
- A support zone ranging from 219.83 to 221.60. 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 202.61 to 205.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @175.41 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 226.96 to 231.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @239.64 from a trend line in the weekly time frame.
- Resistance @266.87 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 FN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FN is up. |
| ChartMill Relative Strength | 42.7 | NEUTRAL | FN is not amongst the best or worst performers 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) | 60.16 | NEUTRAL | The RSI value for FN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.6 | POSITIVE | The MACD value suggests FN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.21 | OVERBOUGHT | The high Stochastics value suggests FN may be overbought. |
| Average True Range in percent/ATR (20) | 4.53 | MEDIUM VOLATILITY | The ATR as a percentage value for FN suggests some volalility. |
| Average Directional Index/ADX (14) | 16.4 | NEGATIVE | The low ADX value for FN 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)
NYSE:FN (5/22/2025, 9:35:19 AM)
226.26
-0.71 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.31%
1 Week0.27%
2 Weeks8.13%
1 Month21.49%
3 Month2.28%
6 Month-1.5%
12 Month-7.76%
2 Year100.47%
3 Year161.27%
5 Year254.97%
10 Year1148.46%
15 YearN/A
Volatility
ATR(14)10.61
ATR(20)%4.53%
ATR Inc-31.39%
Range Today0
ADR(20)8.77
ADR(20)%3.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.7
Mansfield-0.26
10 Day High233.92
10 Day Low199.86
20 Day High233.92
20 Day Low190.02
52 Week High281.79
52 Week Low148.55
CS1 End221.6
CR1 Start227.63
Volume & EV
DER(3)0.6%
DER(5)0.78%
Volume6.63K
Volume Incr-1.42%
Vol(5)721.96K
Vol(50)875.63K