FINANCE OF AMERICA COS INC-A (FOA) Stock Technical Analysis
USA - NYSE:FOA - US31738L2060 - Common Stock
We assign a technical rating of 3 out of 10 to FOA. Recently some decent action could be observed, but in the medium term time frame this is still negative. FOA was also a bad performer in the overall market in the last year.
Although the technical rating is bad, FOA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 23.13, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FOA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
20.41
4 important support areas can be observed.
- A support zone ranging from 22.63 to 23.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.98 to 22.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 21.41 to 21.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.62 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 23.28 to 23.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @28.28 from a trend line in the weekly 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 FOA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FOA is up. |
| ChartMill Relative Strength | 34.48 | NEUTRAL | FOA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FOA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FOA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FOA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.53 | NEUTRAL | The RSI value for FOA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests FOA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.14 | NEUTRAL | The Stochastics value for FOA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.64 | MEDIUM VOLATILITY | The ATR as a percentage value for FOA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.01 | NEGATIVE | The low ADX value for FOA suggests a weak or negative trend. |
23.27
-0.18 (-0.77%)
FINANCE OF AMERICA COS INC-A / FOA FAQ
Can you provide the ChartMill technical rating for FINANCE OF AMERICA COS INC-A?
ChartMill assigns a technical rating of 3 / 10 to FOA.
What is the current trend direction of FINANCE OF AMERICA COS INC-A (FOA) stock?
The current trend direction for FINANCE OF AMERICA COS INC-A (FOA) is Bearish.
What is the RSI signal for FOA stock?
FINANCE OF AMERICA COS INC-A (FOA) has an RSI value of 54.5278. This indicates that the stock is currently neutral.
What is the MACD signal for FOA stock?
The MACD indicator for FINANCE OF AMERICA COS INC-A (FOA) has a value of 0.136077, indicating a bearish trend.
What is the support and resistance level for FOA stock?
FINANCE OF AMERICA COS INC-A (FOA) has a support level at 23.13 and a resistance level at 23.28. Check the full technical report for our detailed analysis of FOA support and resistance levels.