FRANKLIN LTD DUR INC TR (FTF) Stock Technical Analysis
USA - NYSEARCA:FTF - US35472T1016
We assign a technical rating of 0 out of 10 to FTF. FTF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, FTF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 6.11, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FTF in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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5.99
When analyzing the support we notice one important area.
- A support zone ranging from 6.05 to 6.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 6.13 to 6.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.41 to 6.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.70 to 6.79. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for FTF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FTF is down. |
| ChartMill Relative Strength | 29.16 | NEGATIVE | FTF has a low relative strength, it was outperformed by 70.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FTF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FTF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FTF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.97 | NEUTRAL | The RSI value for FTF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FTF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 16.45 | OVERSOLD | The low Stochastics value suggests FTF may be oversold. |
| Average True Range in percent/ATR (20) | 0.82 | LOW VOLATILITY | The low ATR as a percentage value for FTF suggests low volalility. |
| Average Directional Index/ADX (14) | 52.71 | POSITIVE | The high ADX value value for FTF suggests a strong trend. |
6.11
-0.01 (-0.16%)
FRANKLIN LTD DUR INC TR / FTF FAQ
What is the technical rating for FTF stock?
ChartMill assigns a technical rating of 0 / 10 to FTF.
Can you provide the trend direction for FRANKLIN LTD DUR INC TR?
The current trend direction for FRANKLIN LTD DUR INC TR (FTF) is Bearish.
Can you provide the RSI signal for FRANKLIN LTD DUR INC TR?
FRANKLIN LTD DUR INC TR (FTF) has an RSI value of 33.9742. This indicates that the stock is currently neutral.
What is the MACD signal for FRANKLIN LTD DUR INC TR (FTF) stock?
The MACD indicator for FRANKLIN LTD DUR INC TR (FTF) has a value of 0.00263149, indicating a bearish trend.
Can you provide the support and resistance levels for FRANKLIN LTD DUR INC TR?
FRANKLIN LTD DUR INC TR (FTF) has a support level at 6.11 and a resistance level at 6.13. Check the full technical report for our detailed analysis of FTF support and resistance levels.