FARMLAND PARTNERS INC (FPI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FPI - US31154R1095 - REIT
We assign a technical rating of 2 out of 10 to FPI. In the past year, FPI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
FPI has a poor technical rating and the quality of the setup is also not perfect 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
9.30
When analyzing the support we notice one important area.
- Support @9.39 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 10.45 to 10.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.08 to 11.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @11.60 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for FPI is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FPI is up. |
| ChartMill Relative Strength | 18.99 | NEGATIVE | FPI has a low relative strength, it was outperformed by 81.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FPI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FPI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FPI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.81 | NEUTRAL | The RSI value for FPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests FPI has a positive trend. |
| Stochastics (14,3) | 84.4 | OVERBOUGHT | The high Stochastics value suggests FPI may be overbought. |
| Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for FPI suggests low volalility. |
| Average Directional Index/ADX (14) | 22.81 | NEUTRAL | The ADX value for FPI suggests a possible start of a new trend. |
10.09
+0.1 (+1%)
FARMLAND PARTNERS INC / FPI FAQ
What is the ChartMill technical rating of FARMLAND PARTNERS INC (FPI) stock?
ChartMill assigns a technical rating of 2 / 10 to FPI.
Can you provide the trend direction for FARMLAND PARTNERS INC?
The current trend direction for FARMLAND PARTNERS INC (FPI) is Bearish.
Can you provide the RSI signal for FARMLAND PARTNERS INC?
FARMLAND PARTNERS INC (FPI) has an RSI value of 59.8104. This indicates that the stock is currently neutral.
What is the MACD signal for FARMLAND PARTNERS INC (FPI) stock?
The MACD indicator for FARMLAND PARTNERS INC (FPI) has a value of 0.0572221, indicating a bearish trend.
What is the short term momentum for FPI stock?
The short term momentum for FARMLAND PARTNERS INC (FPI) is positive.