USA - NYSE:FR - US32054K1034 - REIT
Overall FR gets a technical rating of 8 out of 10. Although FR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, FR also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 56.16. Right above this resistance zone may be a good entry point.
45.17
When analyzing the support we can see 3 important areas.
We found 1 important resistance area.
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 | 71.18 | POSITIVE | FR has a high relative strength, it outperformed 71.18% 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) | 62.54 | NEUTRAL | The RSI value for FR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests FR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 62.83 | NEUTRAL | The Stochastics value for FR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for FR suggests low volalility. |
| Average Directional Index/ADX (14) | 30.77 | POSITIVE | The high ADX value value for FR suggests a strong trend. |
56.03
-0.25 (-0.44%)
ChartMill assigns a technical rating of 8 / 10 to FR.
The current trend direction for FIRST INDUSTRIAL REALTY TR (FR) is Bullish.
FIRST INDUSTRIAL REALTY TR (FR) has an RSI value of 62.5384. This indicates that the stock is currently neutral.
The buy/sell signal for FIRST INDUSTRIAL REALTY TR (FR) is buy as both the short term and long term trends are positive.
FIRST INDUSTRIAL REALTY TR (FR) has a support level at 51.31 and a resistance level at 56.16. Check the full technical report for our detailed analysis of FR support and resistance levels.