FLOWSERVE CORP (FLS) Stock Technical Analysis
NYSE:FLS - New York Stock Exchange, Inc. - US34354P1057 - Common Stock - Currency: USD
Overall FLS gets a technical rating of 2 out of 10. Although FLS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month FLS has a been trading in the 54.50 - 64.69 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
FLS is part of the Machinery industry. There are 128 other stocks in this industry. FLS outperforms 79% of them.
FLS has an average volume of 1282350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, FLS did better than 77% of all other stocks. However, we also see that FLS couldn't keep up this performance in the last couple of months.
FLS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FLS is lagging the market.
The technical rating of FLS is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
50.16
65.40
We found 1 important support area.
- Support @50.67 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 60.65 to 61.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 62.86 to 63.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @64.75 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.91
Mansfield-0.06
10 Day High63.86
10 Day Low54.5
20 Day High64.69
20 Day Low54.5
52 Week High65.08
52 Week Low41.78
Performance
1 Week-11.7%
2 Weeks-12.57%
1 Month-13.88%
3 Month-9.2%
6 Month12.76%
12 Month31.51%
2 Year59.67%
3 Year82.38%
5 Year37.82%
10 Year-10.85%
15 Year66.02%
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)-0.86
RSI(14)30.14
LBB56.8
UBB66.41
55.39
-2.07 (-3.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-3.6%
1 Week-11.7%
2 Weeks-12.57%
1 Month-13.88%
3 Month-9.2%
6 Month12.76%
12 Month31.51%
2 Year59.67%
3 Year82.38%
5 Year37.82%
10 Year-10.85%
15 Year66.02%
Volatility
ATR(14)1.83
ATR(20)%3.29%
ATR Inc100.04%
Range Today3.41
ADR(20)1.58
ADR(20)%2.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.91
Mansfield-0.06
10 Day High63.86
10 Day Low54.5
20 Day High64.69
20 Day Low54.5
52 Week High65.08
52 Week Low41.78
CS1 End50.67
CR1 Start60.65
Volume & EV
DER(3)-5.18%
DER(5)-2.01%
Volume2.00M
Volume Incr79.12%
Vol(5)2.19M
Vol(50)1.28M