FLOOR & DECOR HOLDINGS INC-A (FND) Stock Technical Analysis
NYSE:FND • US3397501012
Overall FND gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. FND was also a bad performer in the overall market in the last year.
- 74% of all other stocks performed better in the past year than FND.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- FND has an average volume of 2496630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- FND is part of the Specialty Retail industry. There are 121 other stocks in this industry, FND did better than 45% of them.
- FND is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FND is lagging the market.
- In the last month FND has a been trading in the 63.33 - 77.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, FND does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 73.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 69.75, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
59.91
We found 3 important support areas.
- A support zone ranging from 67.10 to 69.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 64.99 to 65.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @60.52 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 73.09 to 73.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 76.05 to 77.03. 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 | NEUTRAL | NEUTRAL | The long term trend for FND is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FND is up. |
| ChartMill Relative Strength | 26.03 | NEGATIVE | FND has a low relative strength, it was outperformed by 73.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FND is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FND is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FND is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.54 | NEUTRAL | The RSI value for FND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests FND has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.89 | NEUTRAL | The Stochastics value for FND is a neutral value. |
| Average True Range in percent/ATR (20) | 4.88 | MEDIUM VOLATILITY | The ATR as a percentage value for FND suggests some volalility. |
| Average Directional Index/ADX (14) | 18.4 | NEGATIVE | The low ADX value for FND suggests a weak or negative trend. |
70.2
+0.88 (+1.27%)
FLOOR & DECOR HOLDINGS INC-A / FND FAQ
Can you provide the ChartMill technical rating for FLOOR & DECOR HOLDINGS INC-A?
ChartMill assigns a technical rating of 4 / 10 to FND.
What is the trend direction for FND stock?
The current trend direction for FLOOR & DECOR HOLDINGS INC-A (FND) is Bearish.
What is the RSI signal for FLOOR & DECOR HOLDINGS INC-A (FND) stock?
FLOOR & DECOR HOLDINGS INC-A (FND) has an RSI value of 52.5375. This indicates that the stock is currently neutral.
What is the MACD signal for FLOOR & DECOR HOLDINGS INC-A (FND) stock?
The MACD indicator for FLOOR & DECOR HOLDINGS INC-A (FND) has a value of -0.19895, indicating a bearish trend.