FLOWSERVE CORP (FLS) Stock Technical Analysis
NYSE:FLS - New York Stock Exchange, Inc. - US34354P1057 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to FLS. FLS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, FLS is a bad performer in the overall market: 77% of all stocks are doing better.
FLS is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month FLS has a been trading in the 37.34 - 53.53 range, which is quite wide. It is currently trading near the lows of this range.
FLS has an average volume of 1765910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FLS is an average performer in the Machinery industry, it outperforms 44% of 128 stocks in the same industry.
Although the technical rating is bad, FLS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 44.62. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 40.24, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FLS 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.
More info and screens
39.09
45.24
We found 1 important support area.
- A support zone ranging from 39.48 to 40.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 44.62 to 44.79. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS23.41
Mansfield-1.42
10 Day High45.11
10 Day Low38.53
20 Day High53.53
20 Day Low37.34
52 Week High65.08
52 Week Low37.34
Performance
1 Week-2%
2 Weeks4.18%
1 Month-20.59%
3 Month-35%
6 Month-20.91%
12 Month-10.93%
2 Year24.74%
3 Year27.33%
5 Year47.85%
10 Year-28.84%
15 Year9.05%
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)0.08
RSI(14)38.17
LBB37.38
UBB47.35
41.65
+1.17 (+2.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg2.89%
1 Week-2%
2 Weeks4.18%
1 Month-20.59%
3 Month-35%
6 Month-20.91%
12 Month-10.93%
2 Year24.74%
3 Year27.33%
5 Year47.85%
10 Year-28.84%
15 Year9.05%
Volatility
ATR(14)3.01
ATR(20)%6.33%
ATR Inc-43.48%
Range Today1.3
ADR(20)2.39
ADR(20)%5.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.41
Mansfield-1.42
10 Day High45.11
10 Day Low38.53
20 Day High53.53
20 Day Low37.34
52 Week High65.08
52 Week Low37.34
CS1 End40.24
CR1 Start44.62
Volume & EV
DER(3)5.15%
DER(5)4.81%
Volume2.39M
Volume Incr9.72%
Vol(5)1.82M
Vol(50)1.77M