FOSTER (LB) CO-A (FSTR) Stock Technical Analysis
NASDAQ:FSTR • US3500601097
We assign a technical rating of 8 out of 10 to FSTR. Although FSTR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: FSTR has an average volume of 21870 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.
- FSTR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When comparing the yearly performance of all stocks, we notice that FSTR is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- FSTR is an average performer in the Machinery industry, it outperforms 50% of 131 stocks in the same industry.
- In the last month FSTR has a been trading in the 28.02 - 32.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, FSTR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
18.05
7 important support areas can be observed.
- Support @30.01 from a trend line in the daily time frame.
- A support zone ranging from 28.91 to 29.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.94 from a trend line in the weekly time frame.
- A support zone ranging from 26.70 to 26.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.20 from a horizontal line in the daily time frame.
- Support @25.58 from a horizontal line in the daily time frame.
- Support @18.23 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 31.44 to 31.89. This zone is formed by a combination of multiple trend lines and important moving averages 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 FSTR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FSTR is up. |
| ChartMill Relative Strength | 72.84 | POSITIVE | FSTR has a high relative strength, it outperformed 72.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FSTR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FSTR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FSTR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.26 | NEUTRAL | The RSI value for FSTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests FSTR has a negative trend. |
| Stochastics (14,3) | 60.67 | NEUTRAL | The Stochastics value for FSTR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.67 | MEDIUM VOLATILITY | The ATR as a percentage value for FSTR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.85 | NEGATIVE | The low ADX value for FSTR 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 |
|---|---|---|---|
| 31.90 | 30.41 | 1.49 (4.67%) | 21.41% |
| An entry @31.90. This is a Buy Stop order right above the resistance zone. | An exit @30.41. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.49 points, which is 4.67%. | For a 1.00% total portfolio risk, you can invest 21.41% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of FSTR. 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.
31.29
+0.16 (+0.53%)
FOSTER (LB) CO-A / FSTR FAQ
Can you provide the ChartMill technical rating for FOSTER (LB) CO-A?
ChartMill assigns a technical rating of 8 / 10 to FSTR.
What is the current trend direction of FOSTER (LB) CO-A (FSTR) stock?
The current trend direction for FOSTER (LB) CO-A (FSTR) is Bullish.
What is the RSI signal for FSTR stock?
FOSTER (LB) CO-A (FSTR) has an RSI value of 59.2619. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FOSTER (LB) CO-A?
The MACD indicator for FOSTER (LB) CO-A (FSTR) has a value of -0.0808303, indicating a bearish trend.
What are the support and resistance levels for FOSTER (LB) CO-A (FSTR) stock?
FOSTER (LB) CO-A (FSTR) has a support level at 30.01 and a resistance level at 31.44. Check the full technical report for our detailed analysis of FSTR support and resistance levels.