Taking everything into account, FSV scores 1 out of 10 in our technical rating. FSV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, FSV does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 156.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 154.30, a Stop Loss order could be placed below this zone.
More info and screens
149.21
When analyzing the support we notice one important area.
- A support zone ranging from 150.72 to 154.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 156.86 to 156.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @162.43 from a trend line in the daily time frame.
- Resistance @176.87 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for FSV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FSV is down. |
| ChartMill Relative Strength | 15.29 | NEGATIVE | FSV has a low relative strength, it was outperformed by 84.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FSV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FSV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FSV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.55 | NEUTRAL | The RSI value for FSV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.47 | POSITIVE | The MACD value suggests FSV has a positive trend. |
| Stochastics (14,3) | 55.41 | NEUTRAL | The Stochastics value for FSV is a neutral value. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for FSV suggests some volalility. |
| Average Directional Index/ADX (14) | 36.6 | POSITIVE | The high ADX value value for FSV suggests a strong trend. |
156.85
+3.12 (+2.03%)
FIRSTSERVICE CORP / FSV FAQ
Can you provide the ChartMill technical rating for FIRSTSERVICE CORP?
ChartMill assigns a technical rating of 1 / 10 to FSV.
What is the trend direction for FSV stock?
The current trend direction for FIRSTSERVICE CORP (FSV) is Bearish.
What is the RSI signal for FSV stock?
FIRSTSERVICE CORP (FSV) has an RSI value of 44.5475. This indicates that the stock is currently neutral.
What is the MACD signal for FSV stock?
The MACD indicator for FIRSTSERVICE CORP (FSV) has a value of 1.47094, indicating a bullish trend.
What is the short term momentum for FSV stock?
The short term momentum for FIRSTSERVICE CORP (FSV) is negative.