Franklin Financial Network Inc (FSB) Stock Technical Analysis
USA - NYSE:FSB -
30.48
-0.41 (-1.33%)
30.48
0 (0%)
Taking everything into account, FSB scores 8 out of 10 in our technical rating. In the last year, FSB was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month FSB has a been trading in the 23.88 - 32.42 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, FSB did better than 80% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
FSB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FSB is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although FSB has an excellent technical rating, it does not present a decent entry opportunity 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
24.78
30.78
We found 2 important support areas.
- A support zone ranging from 25.94 to 26.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.03 from a trend line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for FSB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FSB is up. |
| ChartMill Relative Strength | 80.91 | POSITIVE | FSB has a high relative strength, it outperformed 80.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FSB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FSB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FSB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.74 | NEUTRAL | The RSI value for FSB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests FSB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.06 | NEUTRAL | The Stochastics value for FSB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for FSB suggests some volalility. |
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)
30.48
-0.41 (-1.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.33%
1 Week10.84%
2 Weeks15.45%
1 Month22.9%
3 Month41.7%
6 Month-19.54%
12 Month8.32%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.07
ATR(20)%3.69%
ATR Inc-21.37%
Range Today0.94
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.91
Mansfield-0.5
10 Day High32.42
10 Day Low25.61
20 Day High32.42
20 Day Low23.88
52 Week High39
52 Week Low14.86
CS1 End26.4
CR1 StartN/A
Volume & EV
DER(3)-0.38%
DER(5)1.35%
Volume1.21M
Volume Incr424.77%
Vol(5)365.58K
Vol(50)95.86K