FINANCE OF AMERICA COS INC-A (FOA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FOA - US31738L2060 - Common Stock
We assign a technical rating of 3 out of 10 to FOA. In the past year, FOA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, FOA 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 23.96. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.27, a Stop Loss order could be placed below this zone.
More info and screens
20.72
3 important support areas can be observed.
- A support zone ranging from 22.31 to 23.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.41 to 21.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.93 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 23.96 to 23.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @28.18 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 | NEUTRAL | NEUTRAL | The short term trend for FOA is neutral. |
| ChartMill Relative Strength | 28.27 | NEGATIVE | FOA has a low relative strength, it was outperformed by 71.73% off all stocks 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) | UP | POSITIVE | The current price of FOA is above the rising 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) | 53.21 | NEUTRAL | The RSI value for FOA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FOA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.05 | NEUTRAL | The Stochastics value for FOA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.28 | MEDIUM VOLATILITY | The ATR as a percentage value for FOA suggests some volalility. |
| Average Directional Index/ADX (14) | 12.84 | NEGATIVE | The low ADX value for FOA suggests a weak or negative trend. |
23.36
+0.04 (+0.17%)
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 53.2134. 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 -0.0323866, 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 23.27 and a resistance level at 23.96. Check the full technical report for our detailed analysis of FOA support and resistance levels.