SIX FLAGS ENTERTAINMENT CORP (FUN) Stock Technical Analysis
NYSE:FUN - New York Stock Exchange, Inc. - US83001C1080 - Common Stock - Currency: USD
Taking everything into account, FUN scores 4 out of 10 in our technical rating. FUN has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month FUN has a been trading in the 42.51 - 47.50 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
FUN has an average volume of 1137160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, FUN turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
FUN is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 55% of 135 stocks in the same industry.
FUN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FUN is lagging the market.
Although the technical rating is only medium, FUN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 44.90, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
37.00
50.15
4 important support areas can be observed.
- A support zone ranging from 44.47 to 44.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 42.81 to 43.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @38.87 from a trend line in the weekly time frame.
- Support @37.37 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 45.99 to 46.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @47.20 from a trend line in the daily time frame.
- A resistance zone ranging from 49.09 to 49.65. 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
CRS69.67
Mansfield-0.53
10 Day High47.5
10 Day Low42.51
20 Day High47.5
20 Day Low42.51
52 Week High58.7
52 Week Low35.93
Performance
1 Week5.1%
2 Weeks-0.38%
1 Month0.18%
3 Month-0.75%
6 Month1.26%
12 Month14.91%
2 Year-1.81%
3 Year-21.42%
5 Year-1.31%
10 Year-19.38%
15 Year304.03%
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)0.32
RSI(14)50.2
LBB41.92
UBB47.09
45.09
-1.34 (-2.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-2.89%
1 Week5.1%
2 Weeks-0.38%
1 Month0.18%
3 Month-0.75%
6 Month1.26%
12 Month14.91%
2 Year-1.81%
3 Year-21.42%
5 Year-1.31%
10 Year-19.38%
15 Year304.03%
Volatility
ATR(14)1.55
ATR(20)%3.25%
ATR Inc16.58%
Range Today2.16
ADR(20)1.47
ADR(20)%3.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.67
Mansfield-0.53
10 Day High47.5
10 Day Low42.51
20 Day High47.5
20 Day Low42.51
52 Week High58.7
52 Week Low35.93
CS1 End44.9
CR1 Start45.99
Volume & EV
DER(3)1.44%
DER(5)2.97%
Volume988.20K
Volume Incr0.89%
Vol(5)1.02M
Vol(50)1.14M