FARMLAND PARTNERS INC (FPI) Stock Technical Analysis
NYSE:FPI - New York Stock Exchange, Inc. - US31154R1095 - REIT - Currency: USD
We assign a technical rating of 3 out of 10 to FPI. FPI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month FPI has a been trading in the 10.97 - 11.69 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, FPI outperforms 40% of them, which is more or less in line with the market.
FPI is part of the Specialized REITs industry. There are 30 other stocks in this industry, FPI did better than 55% of them.
FPI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FPI is lagging the market.
The technical rating of FPI 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
9.69
13.09
When analyzing the support we can see 2 important areas.
- A support zone ranging from 9.98 to 9.99. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @9.79 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 11.14 to 11.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.58 from a trend line in the daily time frame.
- A resistance zone ranging from 11.79 to 12.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 12.72 to 12.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 FPI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FPI is down. |
| ChartMill Relative Strength | 40.22 | NEUTRAL | FPI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FPI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FPI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FPI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.05 | NEUTRAL | The RSI value for FPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests FPI has a negative trend. |
| Stochastics (14,3) | 8.41 | OVERSOLD | The low Stochastics value suggests FPI may be oversold. |
| Average True Range in percent/ATR (20) | 1.59 | LOW VOLATILITY | The low ATR as a percentage value for FPI suggests low volalility. |
| Average Directional Index/ADX (14) | 21.41 | NEUTRAL | The ADX value for FPI suggests a possible start of a new trend. |
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)
11.08
-0.02 (-0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg-0.18%
1 Week-4.4%
2 Weeks-3.65%
1 Month-3.57%
3 Month10.14%
6 Month-2.89%
12 Month-3.74%
2 Year-3.57%
3 Year-25.34%
5 Year60.35%
10 Year0.73%
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%1.59%
ATR Inc-26.35%
Range Today0.11
ADR(20)0.17
ADR(20)%1.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.22
Mansfield-0.8
10 Day High11.69
10 Day Low10.97
20 Day High11.69
20 Day Low10.97
52 Week High12.87
52 Week Low9.66
CS1 End9.99
CR1 Start11.14
Volume & EV
DER(3)-2.87%
DER(5)-3.4%
Volume438.00K
Volume Incr-15.47%
Vol(5)410.52K
Vol(50)439.53K