USA - NYSE:FR - US32054K1034 - REIT
Taking everything into account, FR scores 4 out of 10 in our technical rating. FR was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
FR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 51.47, a Stop Loss order could be placed below this zone.
45.17
4 important support areas can be observed.
We can see 3 important resistance areas.
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 | NEUTRAL | NEUTRAL | The short term trend for FR is neutral. |
ChartMill Relative Strength | 33.81 | NEUTRAL | FR is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FR is below a declining 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) | DOWN | MIXED | The current price of FR is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 51.56 | NEUTRAL | The RSI value for FR is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests FR has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 24.1 | NEUTRAL | The Stochastics value for FR is a neutral value. |
Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for FR suggests low volalility. |
Average Directional Index/ADX (14) | 24.59 | NEUTRAL | The ADX value for FR suggests a possible start of a new trend. |
51.53
+0.16 (+0.31%)