FINANCE OF AMERICA COS INC-A (FOA) Stock Technical Analysis
NYSE:FOA • US31738L2060
Taking everything into account, FOA scores 0 out of 10 in our technical rating. FOA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 83% of all other stocks performed better in the past year than FOA.
- FOA is one of the lesser performing stocks in the Financial Services industry. 65% of 98 stocks in the same industry do better.
- FOA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- FOA is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The technical rating of FOA is bad and it also does not present a quality setup 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
19.16
We can see 4 important resistance areas.
- A resistance zone ranging from 22.16 to 22.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.68 to 22.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 23.65 to 23.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @27.81 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 | DOWN | NEGATIVE | The long term trend for FOA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FOA is down. |
| ChartMill Relative Strength | 17.48 | NEGATIVE | FOA has a low relative strength, it was outperformed by 82.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FOA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FOA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FOA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.79 | NEUTRAL | The RSI value for FOA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests FOA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.85 | NEUTRAL | The Stochastics value for FOA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.3 | HIGH VOLATILITY | The high ATR as a percentage value for FOA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.93 | NEUTRAL | The ADX value for FOA suggests a possible start of a new trend. |
19.35
-0.41 (-2.07%)
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 0 / 10 to FOA.
Can you provide the trend direction for FINANCE OF AMERICA COS INC-A?
The current trend direction for FINANCE OF AMERICA COS INC-A (FOA) is Bearish.
Can you provide the RSI signal for FINANCE OF AMERICA COS INC-A?
FINANCE OF AMERICA COS INC-A (FOA) has an RSI value of 31.7937. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FINANCE OF AMERICA COS INC-A?
The MACD indicator for FINANCE OF AMERICA COS INC-A (FOA) has a value of -0.251663, indicating a bearish trend.
What is the buy/sell signal for FINANCE OF AMERICA COS INC-A (FOA) stock?
The buy/sell signal for FINANCE OF AMERICA COS INC-A (FOA) is sell as both the short term and long term trends are negative.