FEDERAL SIGNAL CORP (FSS) Stock Technical Analysis
USA - NYSE:FSS - US3138551086 - Common Stock
We assign a technical rating of 10 out of 10 to FSS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FSS is showing a nice and steady performance.
Besides having an excellent technical rating, FSS also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 128.32. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 124.44, a Stop Loss order could be placed below this zone.
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75.12
When analyzing the support we can see 3 important areas.
- A support zone ranging from 121.08 to 124.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @115.63 from a trend line in the daily time frame.
- Support @75.88 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 128.32 to 129.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 FSS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FSS is up. |
| ChartMill Relative Strength | 84.48 | POSITIVE | FSS has a high relative strength, it outperformed 84.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FSS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FSS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FSS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.12 | NEUTRAL | The RSI value for FSS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests FSS has a negative trend. |
| Stochastics (14,3) | 68.51 | NEUTRAL | The Stochastics value for FSS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for FSS suggests some volalility. |
| Average Directional Index/ADX (14) | 17.27 | NEGATIVE | The low ADX value for FSS suggests a weak or negative 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 |
|---|---|---|---|
| 125.77 | 121.85 | 3.92 (3.11%) | 25.00% |
| An entry @125.77. This is a Buy Stop order right above the 10 day moving average. | An exit @121.85. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.92 points, which is 3.11%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.78%. |
- The distance between exit and entry is rather small compared to the average daily movement of FSS. Please evaluate whether better entry and exit points can be found.
- 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.
125.29
-2.38 (-1.86%)