FALCON MINERALS CORP (FLMN) Stock Technical Analysis
NASDAQ:FLMN - Nasdaq - US30607B1098 - Common Stock
Taking everything into account, FLMN scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, FLMN has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, FLMN did better than 98% of all other stocks. On top of that, FLMN also shows a nice and consistent pattern of rising prices.
FLMN is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry. FLMN outperforms 98% of them.
FLMN is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month FLMN has a been trading in the 6.61 - 7.90 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although FLMN has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
4.24
7.86
7 important support areas can be observed.
- A support zone ranging from 6.96 to 7.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.74 to 6.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.55 from a trend line in the weekly time frame.
- Support @5.22 from a trend line in the weekly time frame.
- Support @4.64 from a trend line in the daily time frame.
- Support @4.43 from a horizontal line in the weekly time frame.
- Support @4.28 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.78 to 7.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98
Mansfield4.96
10 Day High7.9
10 Day Low6.61
20 Day High7.9
20 Day Low6.61
52 Week High7.9
52 Week Low4.24
Performance
1 Week6.58%
2 Weeks14.43%
1 Month2.37%
3 Month31.69%
6 Month73.05%
12 Month53.56%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.07
RSI(14)65.35
LBB6.6
UBB7.9
7.77
+0.04 (+0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.52%
1 Week6.58%
2 Weeks14.43%
1 Month2.37%
3 Month31.69%
6 Month73.05%
12 Month53.56%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%4.16%
ATR Inc-29.57%
Range Today0.16
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98
Mansfield4.96
10 Day High7.9
10 Day Low6.61
20 Day High7.9
20 Day Low6.61
52 Week High7.9
52 Week Low4.24
CS1 End7
CR1 Start7.78
Volume & EV
DER(3)6.66%
DER(5)4.56%
Volume525.20K
Volume Incr-11.87%
Vol(5)713.30K
Vol(50)766.10K