BLACKROCK FLTNG RT INC STRAT (FRA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FRA - US09255X1000
We assign a technical rating of 0 out of 10 to FRA. 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.
FRA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 11.73, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FRA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
11.49
When analyzing the support we notice one important area.
- A support zone ranging from 11.61 to 11.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 12.07 to 12.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.96 to 13.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 13.25 to 13.41. 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 | DOWN | NEGATIVE | The long term trend for FRA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FRA is neutral. |
| ChartMill Relative Strength | 20.82 | NEGATIVE | FRA has a low relative strength, it was outperformed by 79.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FRA is above 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) | 50.51 | NEUTRAL | The RSI value for FRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests FRA has a positive trend. |
| Stochastics (14,3) | 63.64 | NEUTRAL | The Stochastics value for FRA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.99 | LOW VOLATILITY | The low ATR as a percentage value for FRA suggests low volalility. |
| Average Directional Index/ADX (14) | 37.59 | POSITIVE | The high ADX value value for FRA suggests a strong trend. |
11.85
+0.12 (+1.02%)
BLACKROCK FLTNG RT INC STRAT / FRA FAQ
What is the ChartMill technical rating of BLACKROCK FLTNG RT INC STRAT (FRA) stock?
ChartMill assigns a technical rating of 0 / 10 to FRA.
Can you provide the trend direction for BLACKROCK FLTNG RT INC STRAT?
The current trend direction for BLACKROCK FLTNG RT INC STRAT (FRA) is Bearish.
What is the RSI signal for BLACKROCK FLTNG RT INC STRAT (FRA) stock?
BLACKROCK FLTNG RT INC STRAT (FRA) has an RSI value of 50.5104. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BLACKROCK FLTNG RT INC STRAT?
The MACD indicator for BLACKROCK FLTNG RT INC STRAT (FRA) has a value of 0.0418877, indicating a bearish trend.
Can you provide the support and resistance levels for BLACKROCK FLTNG RT INC STRAT?
BLACKROCK FLTNG RT INC STRAT (FRA) has a support level at 11.73 and a resistance level at 12.07. Check the full technical report for our detailed analysis of FRA support and resistance levels.