FOSTER (LB) CO-A (FSTR) Technical Analysis
NASDAQ:FSTR • US3500601097
Current stock price
FSTR Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to FSTR. Although FSTR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- FSTR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: FSTR has an average volume of 26434 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Looking at the yearly performance, FSTR did better than 82% of all other stocks. We also observe that the gains produced by FSTR over the past year are nicely spread over this period.
- FSTR is one of the better performing stocks in the Machinery industry, it outperforms 71% of 131 stocks in the same industry.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- FSTR 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 FSTR is lagging the market slightly.
FSTR Weekly and Daily overview Charts
FSTR Setup Rating and Analysis
Although the technical rating is only medium, FSTR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 27.66, a Stop Loss order could be placed below this zone.
More info and screens
FSTR Support and Resistance Analysis
18.05
When analyzing the support we can see 2 important areas.
- A support zone ranging from 26.95 to 27.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.23 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 28.03 to 28.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 31.74 to 31.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
FSTR Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for FSTR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FSTR is down. |
| ChartMill Relative Strength | 82.07 | POSITIVE | FSTR has a high relative strength, it outperformed 82.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FSTR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FSTR is below a declining 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) | 37.23 | NEUTRAL | The RSI value for FSTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests FSTR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.56 | NEUTRAL | The Stochastics value for FSTR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.81 | MEDIUM VOLATILITY | The ATR as a percentage value for FSTR suggests some volalility. |
| Average Directional Index/ADX (14) | 28.75 | POSITIVE | The high ADX value value for FSTR suggests a strong trend. |
FSTR Chart- and CandleStick Pattern Analysis
FSTR Technicals: Chart, Performance Metrics, Trend & Indicators
27.84
-0.18 (-0.64%)
FOSTER (LB) CO-A / FSTR TA FAQ
Can you provide the ChartMill technical rating for FOSTER (LB) CO-A?
ChartMill assigns a technical rating of 4 / 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 Bearish.
What is the RSI signal for FSTR stock?
FOSTER (LB) CO-A (FSTR) has an RSI value of 37.2265. 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 -0.018754, 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 27.66 and a resistance level at 28.03. Check the full technical report for our detailed analysis of FSTR support and resistance levels.