BLACKROCK FLTNG RT INC STRAT (FRA) Stock Technical Analysis
USA - NYSE:FRA - US09255X1000
12.48 USD
0 (0%)
12.4808 USD
+0 (+0.01%)
Overall FRA gets a technical rating of 0 out of 10. FRA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
79% of all other stocks performed better in the past year than FRA.
FRA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FRA is lagging the market.
In the last month FRA has a been trading in a tight range between 12.39 and 13.04.
FRA has a poor technical rating and the quality of the setup is also not perfect 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
11.62
14.46
2 important support areas can be observed.
- Support @12.47 from a horizontal line in the daily time frame.
- Support @11.74 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 12.48 to 13.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.32 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for FRA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FRA is down. |
| ChartMill Relative Strength | 21.5 | NEGATIVE | FRA has a low relative strength, it was outperformed by 78.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FRA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FRA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FRA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.04 | OVERSOLD | The low RSI value suggests FRA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FRA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.87 | OVERSOLD | The low Stochastics value suggests FRA may be oversold. |
| Average True Range in percent/ATR (20) | 1.1 | LOW VOLATILITY | The low ATR as a percentage value for FRA suggests low volalility. |
| Average Directional Index/ADX (14) | 46.29 | POSITIVE | The high ADX value value for FRA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
12.48
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-0.95%
2 Weeks-3.48%
1 Month-4.15%
3 Month-5.6%
6 Month1.13%
12 Month-9.57%
2 Year5.76%
3 Year9.67%
5 Year10.05%
10 Year-4.22%
15 Year-16.13%
Volatility
ATR(14)0.16
ATR(20)%1.1%
ATR Inc-34.21%
Range Today0.13
ADR(20)0.13
ADR(20)%1.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.5
3 months CRS22.23
6 months CRS25.77
Mansfield-1.46
10 Day High12.96
10 Day Low12.39
20 Day High13.04
20 Day Low12.39
52 Week High14.5
52 Week Low10.9
CS1 End12.47
CR1 Start12.48
Volume & EV
DER(3)-2.43%
DER(5)-8.59%
Volume132.60K
Volume Incr18.44%
Vol(5)147.70K
Vol(50)111.37K