FIRST INDUSTRIAL REALTY TR (FR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FR - US32054K1034 - REIT
Taking everything into account, FR scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, FR has proven to be a steady performer, scoring decent points in every aspect analyzed.
FR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 59.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 58.22, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
45.17
5 important support areas can be observed.
- A support zone ranging from 56.76 to 58.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 54.98 to 55.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 53.15 to 53.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 51.10 to 51.31. 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 59.22 to 59.22. 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 | UP | POSITIVE | The long term trend for FR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FR is up. |
| ChartMill Relative Strength | 78.81 | POSITIVE | FR has a high relative strength, it outperformed 78.81% off all stocks 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) | 60.88 | NEUTRAL | The RSI value for FR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FR has a positive trend. |
| Stochastics (14,3) | 78 | NEUTRAL | The Stochastics value for FR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for FR suggests low volalility. |
| Average Directional Index/ADX (14) | 12.16 | NEGATIVE | The low ADX value for FR suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 59.23 | 56.85 | 2.38 (4.02%) | 24.89% |
| An entry @59.23. This is a Buy Stop order right above the resistance zone. | An exit @56.85. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.38 points, which is 4.02%. | When investing 24.89% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
59.21
+0.32 (+0.54%)
FIRST INDUSTRIAL REALTY TR / FR FAQ
Can you provide the ChartMill technical rating for FIRST INDUSTRIAL REALTY TR?
ChartMill assigns a technical rating of 9 / 10 to FR.
What is the trend direction for FR stock?
The current trend direction for FIRST INDUSTRIAL REALTY TR (FR) is Bullish.
What is the RSI signal for FR stock?
FIRST INDUSTRIAL REALTY TR (FR) has an RSI value of 60.879. This indicates that the stock is currently neutral.
What is the buy/sell signal for FIRST INDUSTRIAL REALTY TR (FR) stock?
The buy/sell signal for FIRST INDUSTRIAL REALTY TR (FR) is buy as both the short term and long term trends are positive.
What is the support and resistance level for FR stock?
FIRST INDUSTRIAL REALTY TR (FR) has a support level at 58.22 and a resistance level at 59.22. Check the full technical report for our detailed analysis of FR support and resistance levels.