Focus Financial Partners Inc (FOCS) Stock Technical Analysis

USA • Nasdaq • NASDAQ:FOCS • US34417P1003

52.99 USD
-0.01 (-0.02%)
At close: Aug 30, 2023
52.97 USD
-0.02 (-0.04%)
After Hours: 8/30/2023, 8:00:01 PM
Technical Rating and Analysis

9

Overall FOCS gets a technical rating of 9 out of 10. Both in the recent history as in the last year, FOCS has proven to be a steady performer, scoring decent points in every aspect analyzed.

  • Both the short term and long term trends are positive. This is a very positive sign.
  • When comparing the yearly performance of all stocks, we notice that FOCS is one of the better performing stocks in the market, outperforming 91% of all stocks.
  • FOCS is part of the Capital Markets industry. There are 237 other stocks in this industry. FOCS outperforms 92% of them.
  • A new 52 week high is currently being made by FOCS, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
  • In the last month FOCS has a been trading in a tight range between 52.04 and 53.01.
  • Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
Focus Financial Partners Inc / FOCS Weekly stock chart
Focus Financial Partners Inc / FOCS Daily stock chart
Setup Rating and Analysis

3

Although FOCS has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

50.41

53.58

2 important support areas can be observed.

  • A support zone ranging from 51.86 to 52.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Strong support @50.92 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 53.00 to 53.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for FOCS is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for FOCS is up.
ChartMill Relative Strength91.16POSITIVEFOCS has a high relative strength, it outperformed 91.16% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of FOCS is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of FOCS is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of FOCS is above the rising SMA(200).
Relative Strength Index/RSI (14)72.63OVERBOUGHTThe high RSI value suggests FOCS may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.07POSITIVEThe MACD value suggests FOCS has a positive trend.
Stochastics (14,3)87.41OVERBOUGHTThe high Stochastics value suggests FOCS may be overbought.
Average True Range in percent/ATR (20)0.35LOW VOLATILITYThe low ATR as a percentage value for FOCS suggests low volalility.
Average Directional Index/ADX (14)17.29NEGATIVEThe low ADX value for FOCS suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Focus Financial Partners Inc / FOCS Daily stock chart

Focus Financial Partners Inc

NASDAQ:FOCS (8/30/2023, 8:00:01 PM)

After market: 52.97 -0.02 (-0.04%)

52.99

-0.01 (-0.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.02%
1 Week0.93%
2 Weeks1.3%
1 Month1.38%
3 Month1.69%
6 Month2.26%
12 Month41.01%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%0.35%
ATR Inc77.11%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.16
3 months CRSN/A
6 months CRSN/A
Mansfield0.51
10 Day High53.01
10 Day Low52.04
20 Day High53.01
20 Day Low52.04
52 Week High53.01
52 Week Low30.27
CS1 End52.59
CR1 Start53
Volume & EV
DER(3)0.31%
DER(5)-0.66%
Volume6.82M
Volume Incr825.09%
Vol(5)3.60M
Vol(50)746.90K

Focus Financial Partners Inc / FOCS FAQ

Can you provide the ChartMill technical rating for Focus Financial Partners Inc?

ChartMill assigns a technical rating of 8 / 10 to FOCS.


What is the current trend direction of Focus Financial Partners Inc (FOCS) stock?

The current trend direction for Focus Financial Partners Inc (FOCS) is Bullish.


What is the RSI signal for Focus Financial Partners Inc (FOCS) stock?

Focus Financial Partners Inc (FOCS) has an RSI value of 72.6264. This indicates that the stock is currently overbought.


What is the MACD signal for Focus Financial Partners Inc (FOCS) stock?

The MACD indicator for Focus Financial Partners Inc (FOCS) has a value of 0.06754, indicating a bearish trend.


Can you provide the buy/sell signal for Focus Financial Partners Inc?

The buy/sell signal for Focus Financial Partners Inc (FOCS) is buy as both the short term and long term trends are positive.