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Advanced TA SearchArchive - 4/26/2024 - 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 a third consecutive positive week for the Federal Realty Investment Trust (FRT). During the week, the FRT gained 2.42 points, or 2.43%, and closed at 102.19 on Friday, April 26, 2024. Weekly volume was 15% above average. 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 (83.67) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. FRT may retest the broken resistance line. It is considered to be a support line now. 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 85.97 and resistance is at 110.74. 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 below its signal line since March 15, 2024. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help. Short-term trend: [See FRT short-term trend chart] A short-term downtrend had started on March 8, 2024 at 103.49 and reached 95.98 on April 16, 2024. FRT lost 7.51 points, or 7.26%, in 39 days. The chart has formed a Broadening Descending Wedge chart pattern. Daily Technical Indicators: [See FRT daily technical indicators chart] Daily Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range or strongly overbought daily Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish 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 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. 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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