NYSEARCA:FSI - NYSE Arca - CA33938T1049 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to FSI. In the past year, FSI was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Besides having an excellent technical rating, FSI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.60. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for FSI in the last couple of days, which is a good sign.
3.51
We found 4 important support areas.
When analyzing the resistance we notice one important area.
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 FSI is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FSI is neutral. |
ChartMill Relative Strength | 95.99 | POSITIVE | FSI has a high relative strength, it outperformed 95.99% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FSI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FSI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FSI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 57.44 | NEUTRAL | The RSI value for FSI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FSI has a positive trend. |
Stochastics (14,3) | 58.89 | NEUTRAL | The Stochastics value for FSI is a neutral value. |
Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for FSI suggests some volalility. |
Average Directional Index/ADX (14) | 30.37 | POSITIVE | The high ADX value value for FSI suggests a strong 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 |
---|---|---|---|
4.61 | 4.36 | 0.25 (5.42%) | 18.44% |
An entry @4.61. This is a Buy Stop order right above the resistance zone. | An exit @4.36. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.25 points, which is 5.42%. | For a 1.00% total portfolio risk, you can invest 18.44% of your capital in this trade. |
4.5
+0.14 (+3.33%)