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Downtrend Broken Resist.Archive - 5/10/2024 - Sign In to see current Signals. |
Federal Realty Investment Trust (FRT) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Federal Realty Investment Trust (FRT). During the week, the FRT gave back -0.29 points, or -0.28%, and closed at 101.72 on Friday, May 10, 2024. FRT was trading at average weekly trading volume. Long-term trend: [See FRT long-term trend chart] A long-term downtrend had started on January 4, 2022 at 140.51 and reached 85.27 on May 25, 2023. FRT lost 55.24 points, or 39.31%, in 72 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend resistance line (83.60) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend. Medium-term trend: [See FRT medium-term trend chart] A medium-term uptrend had started on May 25, 2023 at 85.27 and reached 107.61 on December 14, 2023. FRT gained -22.34 points, or -26.20%, in 29 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 86.00 and resistance is at 111.09. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a medium-term trend. Weekly Technical Indicators: [See FRT weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since April 26, 2024. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help. Short-term trend: [See FRT short-term trend chart] A short-term uptrend had started on April 16, 2024 at 95.98 and reached 105.98 on May 1, 2024. FRT gained -10.00 points, or -10.42%, in 15 days. The price is now at the 42.6% retracement level. Daily Technical Indicators: [See FRT daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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