FLEXIBLE SOLUTIONS INTL INC (FSI) Stock Technical Analysis
NYSEARCA:FSI - NYSE Arca - CA33938T1049 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to FSI. FSI has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Warning: FSI has an average volume of 21932 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, FSI did better than 96% of all other stocks. On top of that, FSI also shows a nice and consistent pattern of rising prices.
FSI is one of the better performing stocks in the Chemicals industry, it outperforms 96% of 85 stocks in the same industry.
In the last month FSI has a been trading in the 4.21 - 5.54 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.
FSI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FSI 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 FSI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.51
5.60
When analyzing the support we can see 5 important areas.
- A support zone ranging from 4.49 to 4.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.25 to 4.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @4.03 from a trend line in the weekly time frame.
- Support @3.61 from a trend line in the daily time frame.
- Support @3.55 from a horizontal 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 | UP | POSITIVE | The long term trend for FSI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FSI is up. |
| ChartMill Relative Strength | 96.97 | POSITIVE | FSI has a high relative strength, it outperformed 96.97% 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) | 77.88 | OVERBOUGHT | The high RSI value suggests FSI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests FSI has a positive trend. |
| Stochastics (14,3) | 95.33 | OVERBOUGHT | The high Stochastics value suggests FSI may be overbought. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for FSI suggests some volalility. |
| Average Directional Index/ADX (14) | 38.3 | POSITIVE | The high ADX value value for FSI suggests a strong trend. |
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)
5.54
+0.14 (+2.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg2.59%
1 Week23.11%
2 Weeks25.34%
1 Month27.06%
3 Month33.17%
6 Month48.92%
12 Month193.12%
2 Year93.71%
3 Year137.26%
5 Year135.75%
10 Year403.64%
15 Year269.33%
Volatility
ATR(14)0.21
ATR(20)%3.6%
ATR Inc94.99%
Range Today0.19
ADR(20)0.19
ADR(20)%3.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.97
Mansfield2.46
10 Day High5.54
10 Day Low4.25
20 Day High5.54
20 Day Low4.21
52 Week High7.24
52 Week Low1.65
CS1 End4.56
CR1 StartN/A
Volume & EV
DER(3)4.34%
DER(5)7.73%
Volume30.60K
Volume Incr159.84%
Vol(5)34.74K
Vol(50)21.93K