FRANKLIN FINANCIAL SERVICES (FRAF) Technical Analysis
NASDAQ:FRAF • US3535251082
Current stock price
FRAF Technical Rating and Analysis
Taking everything into account, FRAF scores 4 out of 10 in our technical rating. In the last year, FRAF was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- FRAF is part of the Banks industry. There are 380 other stocks in this industry. FRAF outperforms 85% of them.
- When comparing the yearly performance of all stocks, we notice that FRAF is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- FRAF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FRAF is lagging the market slightly.
- In the last month FRAF has a been trading in the 47.00 - 53.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
FRAF Weekly and Daily overview Charts
FRAF Setup Rating and Analysis
Although the technical rating is only medium, FRAF does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 49.92, a Stop Loss order could be placed below this zone.
More info and screens
FRAF Support and Resistance Analysis
44.43
We found 3 important support areas.
- A support zone ranging from 48.92 to 49.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 47.31 to 48.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @44.88 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @51.85 from a trend line in the daily time frame.
- Resistance @53.95 from a horizontal line in the daily time frame.
FRAF Technical Indicator Signal Analysis
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 FRAF is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FRAF is neutral. |
| ChartMill Relative Strength | 82.2 | POSITIVE | FRAF has a high relative strength, it outperformed 82.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FRAF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FRAF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FRAF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.85 | NEUTRAL | The RSI value for FRAF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests FRAF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.84 | NEUTRAL | The Stochastics value for FRAF is a neutral value. |
| Average True Range in percent/ATR (20) | 3.63 | MEDIUM VOLATILITY | The ATR as a percentage value for FRAF suggests some volalility. |
| Average Directional Index/ADX (14) | 13.72 | NEGATIVE | The low ADX value for FRAF suggests a weak or negative trend. |
FRAF Chart- and CandleStick Pattern Analysis
FRAF Technicals: Chart, Performance Metrics, Trend & Indicators
50.15
+1.68 (+3.47%)
FRANKLIN FINANCIAL SERVICES / FRAF TA FAQ
Can you provide the ChartMill technical rating for FRANKLIN FINANCIAL SERVICES?
ChartMill assigns a technical rating of 4 / 10 to FRAF.
What is the current trend direction of FRANKLIN FINANCIAL SERVICES (FRAF) stock?
The current trend direction for FRANKLIN FINANCIAL SERVICES (FRAF) is Bullish.
What is the RSI signal for FRAF stock?
FRANKLIN FINANCIAL SERVICES (FRAF) has an RSI value of 50.8461. This indicates that the stock is currently neutral.
What is the short term momentum for FRAF stock?
The short term momentum for FRANKLIN FINANCIAL SERVICES (FRAF) is neutral.