BLACKROCK FLTNG RT INC STRAT (FRA)

US09255X1000

14.2  +0.03 (+0.21%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to FRA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FRA is showing a nice and steady performance.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that FRA is one of the better performing stocks in the market, outperforming 71% of all stocks. On top of that, FRA also shows a nice and consistent pattern of rising prices.
FRA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FRA is lagging the market slightly.
In the last month FRA has a been trading in a tight range between 13.81 and 14.50.
Weekly and Daily overview Charts
FRA Weekly chart
FRA Daily chart
Setup Rating and Analysis

8

FRA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 14.15, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FRA 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.
Support and Resistance Analysis

12.46

14.50

4 important support areas can be observed.

  • A support zone ranging from 13.75 to 14.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 13.38 to 13.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 12.87 to 13.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @12.59 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 14.20 to 14.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.9
Mansfield-0.33
10 Day High14.5
10 Day Low13.82
20 Day High14.5
20 Day Low13.81
52 Week High14.5
52 Week Low12.15
Performance
1 Week0.5%
2 Weeks-0.35%
1 Month2.31%
3 Month8.15%
6 Month9.74%
12 Month12.16%
2 Year26.11%
3 Year5.73%
5 Year5.65%
10 Year6.05%
15 Year-0.21%
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)-0.02
RSI(14)55.39
LBB13.88
UBB14.47
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
14.3713.810.56 (3.90%)25.00%
An entry @14.37. This is a Buy Stop order right above the resistance zone.An exit @13.81. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.56 points, which is 3.90%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.97%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA Daily chart

BLACKROCK FLTNG RT INC STRAT

NYSE:FRA (12/24/2024, 8:14:39 PM)

14.2

+0.03 (+0.21%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.21%
1 Week0.5%
2 Weeks-0.35%
1 Month2.31%
3 Month8.15%
6 Month9.74%
12 Month12.16%
2 Year26.11%
3 Year5.73%
5 Year5.65%
10 Year6.05%
15 Year-0.21%
Volatility
ATR(14)0.18
ATR(20)%1.2%
ATR Inc-21.1%
Range Today0.12
ADR(20)0.16
ADR(20)%1.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.9
Mansfield-0.33
10 Day High14.5
10 Day Low13.82
20 Day High14.5
20 Day Low13.81
52 Week High14.5
52 Week Low12.15
CS1 End14.15
CR1 Start14.2
Volume & EV
DER(3)4.45%
DER(5)1.36%
Volume85.00K
Volume Incr2.17%
Vol(5)150.62K
Vol(50)139.25K