FARMLAND PARTNERS INC (FPI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FPI - US31154R1095 - REIT
Overall FPI gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. FPI was also a bad performer in the overall market in the last year.
FPI has a poor technical rating and the quality of the setup is also 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
9.30
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.85 to 10.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.58 from a horizontal line in the weekly time frame.
- Support @9.39 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 10.27 to 10.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.60 from a horizontal 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 FPI is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FPI is up. |
| ChartMill Relative Strength | 22.85 | NEGATIVE | FPI has a low relative strength, it was outperformed by 77.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FPI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FPI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FPI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.88 | NEUTRAL | The RSI value for FPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests FPI has a positive trend. |
| Stochastics (14,3) | 58.45 | NEUTRAL | The Stochastics value for FPI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for FPI suggests low volalility. |
| Average Directional Index/ADX (14) | 17.3 | NEGATIVE | The low ADX value for FPI suggests a weak or negative trend. |
10.11
-0.02 (-0.2%)
FARMLAND PARTNERS INC / FPI FAQ
What is the ChartMill technical rating of FARMLAND PARTNERS INC (FPI) stock?
ChartMill assigns a technical rating of 2 / 10 to FPI.
What is the current trend direction of FARMLAND PARTNERS INC (FPI) stock?
The current trend direction for FARMLAND PARTNERS INC (FPI) is Bearish.
Can you provide the RSI signal for FARMLAND PARTNERS INC?
FARMLAND PARTNERS INC (FPI) has an RSI value of 56.8798. This indicates that the stock is currently neutral.
What is the MACD signal for FPI stock?
The MACD indicator for FARMLAND PARTNERS INC (FPI) has a value of 0.0291031, indicating a bearish trend.
What is the buy/sell signal for FARMLAND PARTNERS INC (FPI) stock?
The buy/sell signal for FARMLAND PARTNERS INC (FPI) is hold as the short term and long term trends are mixed.