FULTON FINANCIAL CORP (FULT) Stock Technical Analysis
NASDAQ:FULT - Nasdaq - US3602711000 - Common Stock - Currency: USD
Overall FULT gets a technical rating of 5 out of 10. In the past year, FULT was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
FULT is one of the lesser performing stocks in the Banks industry. 75% of 395 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month FULT has a been trading in the 16.85 - 18.07 range, which is quite wide. It is currently trading near the high of this range.
FULT has an average volume of 1232930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, FULT turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
FULT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FULT is lagging the market.
Volume is considerably higher in the last couple of days.
FULT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 18.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.47, 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
14.67
21.58
4 important support areas can be observed.
- A support zone ranging from 17.01 to 17.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.61 from a trend line in the weekly time frame.
- A support zone ranging from 15.13 to 15.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.82 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 18.20 to 18.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.37 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 | NEUTRAL | NEUTRAL | The long term trend for FULT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FULT is up. |
| ChartMill Relative Strength | 47.76 | NEUTRAL | FULT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FULT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FULT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FULT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.73 | NEUTRAL | The RSI value for FULT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests FULT has a positive trend. |
| Stochastics (14,3) | 77.93 | NEUTRAL | The Stochastics value for FULT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for FULT suggests some volalility. |
| Average Directional Index/ADX (14) | 12.9 | NEGATIVE | The low ADX value for FULT 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)
17.79
-0.09 (-0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.5%
1 Week5.08%
2 Weeks-0.34%
1 Month1.43%
3 Month-1%
6 Month-9.47%
12 Month4.77%
2 Year49.25%
3 Year23.11%
5 Year68.95%
10 Year36.22%
15 Year84.35%
Volatility
ATR(14)0.42
ATR(20)%2.22%
ATR Inc57.06%
Range Today0.21
ADR(20)0.38
ADR(20)%2.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.76
Mansfield-0.92
10 Day High18.07
10 Day Low16.85
20 Day High18.07
20 Day Low16.85
52 Week High22.49
52 Week Low14.32
CS1 End17.47
CR1 Start18.2
Volume & EV
DER(3)-2.76%
DER(5)-1.8%
Volume1.10M
Volume Incr93.33%
Vol(5)1.72M
Vol(50)1.23M