FRANKLIN STREET PROPERTIES C (FSP) Stock Technical Analysis
NYSEARCA:FSP - NYSE Arca - US35471R1068 - REIT - Currency: USD
We assign a technical rating of 7 out of 10 to FSP. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, FSP is a bad performer.
62% of all other stocks performed better in the past year than FSP.
The long and short term trends are both positive. This is looking good!
FSP is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
FSP is an average performer in the Diversified REITs industry, it outperforms 57% of 129 stocks in the same industry.
FSP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FSP is lagging the market slightly.
Although FSP has an excellent technical rating, the quality of the presented setup is not ideal 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
1.45
2.04
3 important support areas can be observed.
- A support zone ranging from 1.86 to 1.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.72 to 1.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.46 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @1.88 from a horizontal line in the daily time frame.
- Resistance @1.95 from a trend line in the daily time frame.
- A resistance zone ranging from 2.01 to 2.02. This zone is formed by a combination of multiple trend lines 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 FSP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FSP is up. |
| ChartMill Relative Strength | 38.46 | NEUTRAL | FSP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FSP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FSP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FSP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.75 | NEUTRAL | The RSI value for FSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests FSP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.56 | NEUTRAL | The Stochastics value for FSP is a neutral value. |
| Average True Range in percent/ATR (20) | 5.96 | HIGH VOLATILITY | The high ATR as a percentage value for FSP suggests high volalility. |
| Average Directional Index/ADX (14) | 36.38 | POSITIVE | The high ADX value value for FSP 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)
1.87
+0.05 (+2.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg2.75%
1 Week0%
2 Weeks24.67%
1 Month20.65%
3 Month-0.53%
6 Month-2.09%
12 Month-5.56%
2 Year29.86%
3 Year-58.63%
5 Year-64.98%
10 Year-83.89%
15 Year-84.86%
Volatility
ATR(14)0.12
ATR(20)%5.96%
ATR Inc-50.88%
Range Today0.07
ADR(20)0.1
ADR(20)%5.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.46
Mansfield0.32
10 Day High2.05
10 Day Low1.45
20 Day High2.05
20 Day Low1.45
52 Week High2.21
52 Week Low1.36
CS1 End1.86
CR1 Start1.88
Volume & EV
DER(3)3.02%
DER(5)2.18%
Volume424.10K
Volume Incr-35.65%
Vol(5)342.52K
Vol(50)447.90K