FIRST INDUSTRIAL REALTY TR (FR) Stock Technical Analysis
USA - NYSE:FR - US32054K1034 - REIT
Overall FR gets a technical rating of 7 out of 10. FR has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although FR 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.
More info and screens
45.17
3 important support areas can be observed.
- A support zone ranging from 49.56 to 52.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 47.87 to 48.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @45.63 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 56.73 to 58.00. 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 FR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FR is up. |
| ChartMill Relative Strength | 63.08 | NEUTRAL | FR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.45 | OVERBOUGHT | The high RSI value suggests FR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests FR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.61 | OVERBOUGHT | The high Stochastics value suggests FR may be overbought. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for FR suggests low volalility. |
| Average Directional Index/ADX (14) | 34.09 | POSITIVE | The high ADX value value for FR suggests a strong trend. |
56.1
+0.38 (+0.68%)
FIRST INDUSTRIAL REALTY TR / FR FAQ
Can you provide the ChartMill technical rating for FIRST INDUSTRIAL REALTY TR?
ChartMill assigns a technical rating of 7 / 10 to FR.
Can you provide the trend direction for FIRST INDUSTRIAL REALTY TR?
The current trend direction for FIRST INDUSTRIAL REALTY TR (FR) is Bearish.
What is the RSI signal for FIRST INDUSTRIAL REALTY TR (FR) stock?
FIRST INDUSTRIAL REALTY TR (FR) has an RSI value of 71.4452. This indicates that the stock is currently overbought.
Can you provide the support and resistance levels for FIRST INDUSTRIAL REALTY TR?
FIRST INDUSTRIAL REALTY TR (FR) has a support level at 52.12 and a resistance level at 56.73. Check the full technical report for our detailed analysis of FR support and resistance levels.