We assign a technical rating of 5 out of 10 to FSTR. In the last year, FSTR was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
FSTR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 26.91, a Stop Loss order could be placed below this zone.
18.05
We found 3 important support areas.
3 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The short term trend for FSTR is neutral. |
| ChartMill Relative Strength | 40.66 | NEUTRAL | FSTR is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of FSTR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FSTR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.01 | NEUTRAL | The RSI value for FSTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FSTR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.47 | NEUTRAL | The Stochastics value for FSTR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for FSTR suggests some volalility. |
| Average Directional Index/ADX (14) | 28.02 | POSITIVE | The high ADX value value for FSTR suggests a strong trend. |
26.95
+0.48 (+1.81%)
ChartMill assigns a technical rating of 5 / 10 to FSTR.
The current trend direction for FOSTER (LB) CO-A (FSTR) is Bullish.
FOSTER (LB) CO-A (FSTR) has an RSI value of 52.0084. This indicates that the stock is currently neutral.
The MACD indicator for FOSTER (LB) CO-A (FSTR) has a value of -0.031788, indicating a bearish trend.