FRANKLIN FINANCIAL SERVICES (FRAF) Stock Technical Analysis
USA - NASDAQ:FRAF - US3535251082 - Common Stock
Overall FRAF gets a technical rating of 10 out of 10. Both in the recent history as in the last year, FRAF has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although FRAF has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
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33.52
When analyzing the support we can see 4 important areas.
- A support zone ranging from 45.39 to 46.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 43.71 to 43.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.81 from a trend line in the weekly time frame.
- Support @33.86 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 48.93 to 48.93. 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 FRAF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FRAF is up. |
| ChartMill Relative Strength | 87.6 | POSITIVE | FRAF has a high relative strength, it outperformed 87.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FRAF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FRAF is above the rising 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) | 70.36 | OVERBOUGHT | The high RSI value suggests FRAF may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests FRAF has a positive trend. |
| Stochastics (14,3) | 81.54 | OVERBOUGHT | The high Stochastics value suggests FRAF may be overbought. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for FRAF suggests some volalility. |
| Average Directional Index/ADX (14) | 17.95 | NEGATIVE | The low ADX value for FRAF suggests a weak or negative trend. |
48.66
+1.51 (+3.2%)
FRANKLIN FINANCIAL SERVICES / FRAF FAQ
Can you provide the ChartMill technical rating for FRANKLIN FINANCIAL SERVICES?
ChartMill assigns a technical rating of 10 / 10 to FRAF.
Can you provide the trend direction for FRANKLIN FINANCIAL SERVICES?
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 70.3571. This indicates that the stock is currently overbought.
What is the buy/sell signal for FRANKLIN FINANCIAL SERVICES (FRAF) stock?
The buy/sell signal for FRANKLIN FINANCIAL SERVICES (FRAF) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for FRANKLIN FINANCIAL SERVICES (FRAF) stock?
FRANKLIN FINANCIAL SERVICES (FRAF) has a support level at 46.42 and a resistance level at 48.93. Check the full technical report for our detailed analysis of FRAF support and resistance levels.