FIRST INDUSTRIAL REALTY TR (FR) Technical Analysis
NYSE:FR • US32054K1034
Overall FR gets a technical rating of 7 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.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- 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.
- FR has an average volume of 1091080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, FR outperforms 61% of them, which is more or less in line with the market.
- FR is part of the Diversified REITs industry. There are 123 other stocks in this industry, FR did better than 56% of them.
- In the last month FR has a been trading in the 57.24 - 64.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although FR has an excellent technical rating, it does not offer a high quality setup 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
We found 5 important support areas.
- Support @60.76 from a trend line in the weekly time frame.
- A support zone ranging from 59.46 to 59.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 56.86 to 57.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @55.93 from a horizontal line in the daily time frame.
- 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 63.15 to 63.51. 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 | NEUTRAL | NEUTRAL | The short term trend for FR is neutral. |
| ChartMill Relative Strength | 61.82 | NEUTRAL | FR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FR is below 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) | 51.72 | NEUTRAL | The RSI value for FR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests FR has a negative trend. |
| Stochastics (14,3) | 43.71 | NEUTRAL | The Stochastics value for FR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for FR suggests some volalility. |
| Average Directional Index/ADX (14) | 19.14 | NEGATIVE | The low ADX value for FR suggests a weak or negative trend. |
FR Technicals: Chart, Performance Metrics, Trend & Indicators
61.05
-0.08 (-0.13%)
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.
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 51.7157. 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 60.76 and a resistance level at 63.15. Check the full technical report for our detailed analysis of FR support and resistance levels.