FRANKLIN STREET PROPERTIES

- USD (-)

- 15 min delayed data - NYSE MKT Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	FSP
ISIN:

FRANKLIN STREET PROPERTIES - Daily - Technical analysis published on 01/19/2024 (GMT)

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

17%

39%

44%

My opinion

Bullish above 2.24 USD

My targets

2.62 USD (+3.97%)

2.96 USD (+17.46%)

My analysis

Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 2.24 USD remains possible. It is advisable to trade FRANKLIN STREET PROPERTIES with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 2.24 USD. The next bullish objective for buyers is set at 2.62 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.96 USD. If there is any crossing, the next objective would be the resistance located at 3.40 USD. PS: if there is a bearish break in the support located at 2.24 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

2.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

FRANKLIN STREET PROPERTIES rating 2.52 USD. On the day, this instrument gained +0.80% and was between 2.49 USD and 2.53 USD. This implies that the price is at +1.20% from its lowest and at -0.40% from its highest.

2.49

2.53

2.52

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by FRANKLIN STREET PROPERTIES:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this FRANKLIN STREET PROPERTIES chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, only 7 technical indicators out of 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal support

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.33	1.62	2.00	2.52	2.62	3.40	4.38
Change (%)	-47.22%	-35.71%	-20.63%	-	+3.97%	+34.92%	+73.81%
Change	-1.19	-0.90	-0.52	-	+0.10	+0.88	+1.86
Level	Minor	Major	Minor	-	Major	Minor	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.37	2.43	2.46	2.52	2.55	2.61	2.64
Camarilla	2.48	2.48	2.49	2.50	2.51	2.52	2.53
Woodie	2.37	2.42	2.46	2.51	2.55	2.60	2.64
Fibonacci	2.43	2.46	2.48	2.52	2.55	2.57	2.61

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.35	2.44	2.54	2.63	2.73	2.82	2.92
Camarilla	2.59	2.61	2.62	2.64	2.66	2.68	2.69
Woodie	2.36	2.44	2.55	2.63	2.74	2.82	2.93
Fibonacci	2.44	2.51	2.56	2.63	2.70	2.75	2.82

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.12	2.24	2.40	2.52	2.68	2.80	2.96
Camarilla	2.48	2.51	2.53	2.56	2.59	2.61	2.64
Woodie	2.14	2.25	2.42	2.53	2.70	2.81	2.98
Fibonacci	2.24	2.35	2.41	2.52	2.63	2.69	2.80

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	46.90
MACD (12,26,9):	0.0300
Directional Movement:	9.10
AROON (14):	-42.85
DEMA (21):	2.61
Parabolic SAR (0,02-0,02-0,2):	2.70
Elder Ray (13):	-0.07
Super Trend (3,10):	2.32
Zig ZAG (10):	2.51
VORTEX (21):	0.9800
Stochastique (14,3,5):	18.67
TEMA (21):	2.56
Williams %R (14):	-84.00
Chande Momentum Oscillator (20):	-0.08
Repulse (5,40,3):	-0.7400
ROCnROLL:	-1
TRIX (15,9):	0.3000
Courbe Coppock:	1.43

MA7:	2.58
MA20:	2.58
MA50:	2.47
MA100:	2.14
MAexp7:	2.56
MAexp20:	2.56
MAexp50:	2.42
MAexp100:	2.24
Price / MA7:	-2.33%
Price / MA20:	-2.33%
Price / MA50:	+2.02%
Price / MA100:	+17.76%
Price / MAexp7:	-1.56%
Price / MAexp20:	-1.56%
Price / MAexp50:	+4.13%
Price / MAexp100:	+12.50%

Quotes : - 15 min delayed data - NYSE MKT Stocks

News

The latest news and videos published on FRANKLIN STREET PROPERTIES at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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