We assign a technical rating of 10 out of 10 to FNSR. Both in the recent history as in the last year, FNSR has proven to be a steady performer, scoring decent points in every aspect analyzed.
FNSR has an excellent technical rating, but the quality of the setup is only medium 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
20.77
3 important support areas can be observed.
- A support zone ranging from 22.79 to 23.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.40 from a trend line in the daily time frame.
- A support zone ranging from 20.98 to 20.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.60 to 24.60. 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 FNSR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FNSR is up. |
| ChartMill Relative Strength | 89.66 | POSITIVE | FNSR has a high relative strength, it outperformed 89.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FNSR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FNSR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FNSR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60 | NEUTRAL | The RSI value for FNSR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests FNSR has a positive trend. |
| Stochastics (14,3) | 67.67 | NEUTRAL | The Stochastics value for FNSR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for FNSR suggests some volalility. |
23.77
-0.53 (-2.18%)
FINISAR CORP / FNSR FAQ
Can you provide the ChartMill technical rating for FINISAR CORP?
ChartMill assigns a technical rating of 9 / 10 to FNSR.
What is the current trend direction of FINISAR CORP (FNSR) stock?
The current trend direction for FINISAR CORP (FNSR) is Bullish.
What is the RSI signal for FINISAR CORP (FNSR) stock?
FINISAR CORP (FNSR) has an RSI value of 60.0016. This indicates that the stock is currently neutral.
What is the MACD signal for FNSR stock?
The MACD indicator for FINISAR CORP (FNSR) has a value of 0.12506, indicating a bearish trend.
What are the support and resistance levels for FINISAR CORP (FNSR) stock?
FINISAR CORP (FNSR) has a support level at 23.22 and a resistance level at 24.6. Check the full technical report for our detailed analysis of FNSR support and resistance levels.