FABRINET (FN) Stock Technical Analysis
NYSE:FN - New York Stock Exchange, Inc. - KYG3323L1005 - Common Stock - Currency: USD
Taking everything into account, FN 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, FN is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
FN is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry. FN outperforms 74% of them.
FN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month FN has a been trading in the 248.27 - 303.65 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that FN is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Besides having an excellent technical rating, FN 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 301.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 295.69, a Stop Loss order could be placed below this zone.
More info and screens
173.09
304.49
We found 4 important support areas.
- A support zone ranging from 290.94 to 295.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 284.00 to 285.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @275.42 from a trend line in the daily time frame.
- Support @174.84 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 301.48 to 301.48. 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 FN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FN is up. |
| ChartMill Relative Strength | 91.38 | POSITIVE | FN has a high relative strength, it outperformed 91.38% 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) | 72.48 | OVERBOUGHT | The high RSI value suggests FN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.82 | NEGATIVE | The MACD value suggests FN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 85.5 | OVERBOUGHT | The high Stochastics value suggests FN may be overbought. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for FN suggests some volalility. |
| Average Directional Index/ADX (14) | 41.16 | POSITIVE | The high ADX value value for FN suggests a strong 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 |
|---|---|---|---|
| 301.49 | 290.93 | 10.56 (3.50%) | 25.00% |
| An entry @301.49. This is a Buy Stop order right above the resistance zone. | An exit @290.93. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 10.56 points, which is 3.50%. | For a 0.88% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of FN. Please evaluate whether better entry and exit points can be found.
- 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.
NYSE:FN (7/16/2025, 11:28:00 AM)
296.18
-5.29 (-1.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.75%
1 Week5.28%
2 Weeks2.3%
1 Month23%
3 Month64.15%
6 Month24.63%
12 Month27.62%
2 Year143.83%
3 Year213.84%
5 Year315.08%
10 Year1524.3%
15 Year2867.22%
Volatility
ATR(14)9.47
ATR(20)%3.16%
ATR Inc-4.75%
Range Today7.3
ADR(20)9.24
ADR(20)%3.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.38
Mansfield2.11
10 Day High303.65
10 Day Low280.57
20 Day High303.65
20 Day Low248.27
52 Week High303.65
52 Week Low148.55
CS1 End295.69
CR1 Start301.48
Volume & EV
DER(3)-0.38%
DER(5)-0.35%
Volume2.38K
Volume Incr-23.66%
Vol(5)446.44K
Vol(50)613.60K