FRONTDOOR INC (FTDR) Stock Technical Analysis
NASDAQ:FTDR - Nasdaq - US35905A1097 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to FTDR. In the last year, FTDR was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
FTDR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FTDR is lagging the market slightly.
In the last month FTDR has a been trading in the 56.40 - 60.00 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
When comparing the yearly performance of all stocks, we notice that FTDR is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
FTDR is an average performer in the Diversified Consumer Services industry, it outperforms 69% of 72 stocks in the same industry.
Besides having an excellent technical rating, FTDR 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 support zone below the current price at 58.25, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
40.25
60.54
When analyzing the support we can see 2 important areas.
- A support zone ranging from 56.20 to 58.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @40.66 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 58.59 to 59.94. 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 FTDR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FTDR is neutral. |
| ChartMill Relative Strength | 80.05 | POSITIVE | FTDR has a high relative strength, it outperformed 80.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FTDR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FTDR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FTDR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.25 | NEUTRAL | The RSI value for FTDR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests FTDR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.45 | NEUTRAL | The Stochastics value for FTDR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for FTDR suggests some volalility. |
| Average Directional Index/ADX (14) | 11.2 | NEGATIVE | The low ADX value for FTDR suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 59.95 | 56.70 | 3.25 (5.42%) | 18.45% |
| An entry @59.95. This is a Buy Stop order right above the resistance zone. | An exit @56.70. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.25 points, which is 5.42%. | When investing 18.45% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
58.49
+0.39 (+0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg0.67%
1 Week-0.02%
2 Weeks2.02%
1 Month-0.44%
3 Month10.11%
6 Month-0.73%
12 Month30.49%
2 Year78.21%
3 Year149.11%
5 Year34.24%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.35
ATR(20)%2.34%
ATR Inc17.86%
Range Today2.19
ADR(20)1.35
ADR(20)%2.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.05
Mansfield0.41
10 Day High60
10 Day Low56.71
20 Day High60
20 Day Low56.4
52 Week High63.49
52 Week Low35.61
CS1 End58.25
CR1 Start58.59
Volume & EV
DER(3)-2.35%
DER(5)-1.73%
Volume699.30K
Volume Incr41.22%
Vol(5)715.68K
Vol(50)559.85K