FRANKLIN FINANCIAL SERVICES (FRAF) Stock Technical Analysis
NASDAQ:FRAF • US3535251082
Taking everything into account, FRAF scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FRAF is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that FRAF is one of the better performing stocks in the market, outperforming 74% of all stocks. We also observe that the gains produced by FRAF over the past year are nicely spread over this period.
- FRAF is one of the better performing stocks in the Banks industry, it outperforms 76% of 379 stocks in the same industry.
- FRAF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FRAF is lagging the market.
- In the last month FRAF has a been trading in the 46.55 - 53.51 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 has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 51.10, a Stop Loss order could be placed below this zone.
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43.37
When analyzing the support we can see 3 important areas.
- A support zone ranging from 50.18 to 51.10. 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 49.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.81 from a trend 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 | 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 | 74.86 | POSITIVE | FRAF has a high relative strength, it outperformed 74.86% 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) | DOWN | MIXED | The current price of FRAF is above 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) | 54.06 | NEUTRAL | The RSI value for FRAF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests FRAF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.04 | NEUTRAL | The Stochastics value for FRAF is a neutral value. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for FRAF suggests some volalility. |
| Average Directional Index/ADX (14) | 14.75 | NEGATIVE | The low ADX value for FRAF suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 53.52 | 50.17 | 3.35 (6.26%) | 15.98% |
| An entry @53.52. This is a Buy Stop order right above the 10 day high. | An exit @50.17. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.35 points, which is 6.26%. | When investing 15.98% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
51.48
-0.31 (-0.6%)
FRANKLIN FINANCIAL SERVICES / FRAF FAQ
Can you provide the ChartMill technical rating for FRANKLIN FINANCIAL SERVICES?
ChartMill assigns a technical rating of 8 / 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 54.0555. 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 positive.
What is the buy/sell signal for FRAF stock?
The buy/sell signal for FRANKLIN FINANCIAL SERVICES (FRAF) is buy as both the short term and long term trends are positive.