FEDERAL SIGNAL CORP (FSS)       49.41  +0.46 (+0.94%)

49.41  +0.46 (+0.94%)

US3138551086 - Common Stock - After market: 49.41 0 (0%)

Technical Rating

8

We assign a technical rating of 8 out of 10 to FSS. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FSS is only an average performer.



Both the short term and long term trends are positive. This is a very positive sign.
FSS is part of the Machinery industry. There are 145 other stocks in this industry. FSS outperforms 84% of them.
FSS is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month FSS has a been trading in the 45.29 - 50.56 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Looking at the yearly performance, FSS did better than 91% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.

Statistics

1 Month 3 Months 6 Months 12 Months 9.90% 25.03% 36.45% 12.32% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 91.77 31.86 - 50.56
FSS Weekly chart
FSS Daily chart

Support/Resistance Analysis


38.82

50.65
We found 2 important support areas.
  • A support zone ranging from 47.40 to 49.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 39.21 to 39.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
  • A resistance zone ranging from 50.15 to 50.15. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

8

FSS has an excellent technical rating and 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 50.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 49.3, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FSS in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.

Possible Trading Setup

Given the decent technical rating and the setup score, we can suggest the following trade.


ENTRYEXITDISTANCECAPITAL
50.1647.392.77 (5.52%)18.11%
An entry @50.16. This is a Buy Stop order right above the resistance zone.An exit @47.39. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 2.77 points, which is 5.52%.For a 1.00% total portfolio risk, you can invest 18.11% of your capital in this trade.

  • 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.
FSS Daily chart

FEDERAL SIGNAL CORP49.41

NYSE:FSS (12/2/2022, 7:04:00 PM)+0.46 (+0.94%)

After market: 49.41 0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Industrials
GICS Industry Machinery
Performance
Today 0.94% 1 Week 0.2%
2 Weeks 0.14% 1 Month 9.9%
3 Month 25.03% 6 Month 36.45%
Volatility
ATR(14) 1.11 ATR(20)% 2.42%
ATR Inc -18.16% Range Today 1.33
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 91.77 Mansfield 2.8
10 Day High 50.56 10 Day Low 46.96
20 Day High 50.56 20 Day Low 45.29
52 Week High 50.56 52 Week Low 31.86
CS1 End 49.3 CR1 Start 50.15
Volume & EV
DER(3) 3.89% DER(5) 1.74%
Volume 252.10K Volume Incr 0.73%
Vol(5) 269.64K Vol(50) 272.59K

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