FIRST INDUSTRIAL REALTY TR (FR) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:FR • US32054K1034
Taking everything into account, FR scores 5 out of 10 in our technical rating. FR has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- FR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FR is lagging the market slightly.
- When comparing the performance of all stocks over the past year, FR turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
- FR is an average performer in the Diversified REITs industry, it outperforms 66% of 124 stocks in the same industry.
- In the last month FR has a been trading in the 56.71 - 60.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FR has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 57.86, a Stop Loss order could be placed below this zone.
More info and screens
45.17
When analyzing the support we can see 4 important areas.
- A support zone ranging from 56.86 to 57.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 54.31 to 55.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 51.31 to 51.66. 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 58.30 to 59.91. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for FR is neutral. |
| ChartMill Relative Strength | 53.89 | 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) | UP | POSITIVE | The current price of FR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.19 | 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) | 35.34 | NEUTRAL | The Stochastics value for FR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for FR suggests low volalility. |
| Average Directional Index/ADX (14) | 11.1 | NEGATIVE | The low ADX value for FR suggests a weak or negative trend. |
58.29
+0.78 (+1.36%)
FIRST INDUSTRIAL REALTY TR / FR FAQ
Can you provide the ChartMill technical rating for FIRST INDUSTRIAL REALTY TR?
ChartMill assigns a technical rating of 5 / 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 52.1854. This indicates that the stock is currently neutral.
What are the support and resistance levels for FIRST INDUSTRIAL REALTY TR (FR) stock?
FIRST INDUSTRIAL REALTY TR (FR) has a support level at 57.86 and a resistance level at 58.3. Check the full technical report for our detailed analysis of FR support and resistance levels.