FRANKLIN STREET PROPERTIES

- USD (-)

- 15 min delayed data - NYSE MKT Stocks

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Type:	Stocks
Ticker:	FSP
ISIN:

FRANKLIN STREET PROPERTIES - 1H - Technical analysis published on 03/28/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

61%

11%

28%

My opinion

Bullish above 2.22 USD

My targets

2.29 USD (+1.78%)

2.40 USD (+6.67%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on FRANKLIN STREET PROPERTIES as long as the price remains well above 2.22 USD. The buyers' bullish objective is set at 2.29 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.40 USD. If there is any crossing, the next objective would be the resistance located at 2.47 USD.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

5.9

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The FRANKLIN STREET PROPERTIES price is 2.25 USD. The price is lower by -0.44% since the last closing and was between 2.25 USD and 2.31 USD. This implies that the price is at 0% from its lowest and at -2.60% from its highest.

2.25

2.31

2.25

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of FRANKLIN STREET PROPERTIES indicates that the overall trend is bullish. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are bullish. There is still some doubt about the price increase.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	2.15	2.18	2.22	2.25	2.26	2.29	2.40
Change (%)	-4.44%	-3.11%	-1.33%	-	+0.44%	+1.78%	+6.67%
Change	-0.10	-0.07	-0.03	-	+0.01	+0.04	+0.15
Level	Intermediate	Intermediate	Major	-	Intermediate	Major	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.14	2.17	2.21	2.24	2.28	2.31	2.35
Camarilla	2.24	2.25	2.25	2.26	2.27	2.27	2.28
Woodie	2.16	2.17	2.23	2.24	2.30	2.31	2.37
Fibonacci	2.17	2.19	2.21	2.24	2.26	2.28	2.31

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.90	2.00	2.10	2.20	2.30	2.40	2.50
Camarilla	2.15	2.16	2.18	2.20	2.22	2.24	2.26
Woodie	1.90	2.00	2.10	2.20	2.30	2.40	2.50
Fibonacci	2.00	2.08	2.12	2.20	2.28	2.32	2.40

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.85	2.01	2.19	2.35	2.53	2.69	2.87
Camarilla	2.28	2.31	2.34	2.37	2.40	2.43	2.46
Woodie	1.86	2.02	2.20	2.36	2.54	2.70	2.88
Fibonacci	2.01	2.14	2.22	2.35	2.48	2.56	2.69

Numerical data

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

Technical indicators

Moving averages

RSI (14):	59.15
MACD (12,26,9):	0.0200
Directional Movement:	10.37
AROON (14):	71.43
DEMA (21):	2.26
Parabolic SAR (0,02-0,02-0,2):	2.20
Elder Ray (13):	0.01
Super Trend (3,10):	2.23
Zig ZAG (10):	2.25
VORTEX (21):	1.1200
Stochastique (14,3,5):	70.21
TEMA (21):	2.28
Williams %R (14):	-45.83
Chande Momentum Oscillator (20):	0.06
Repulse (5,40,3):	-1.9800
ROCnROLL:	1
TRIX (15,9):	0.1000
Courbe Coppock:	7.20

MA7:	2.22
MA20:	2.24
MA50:	2.33
MA100:	2.39
MAexp7:	2.27
MAexp20:	2.24
MAexp50:	2.22
MAexp100:	2.23
Price / MA7:	+1.35%
Price / MA20:	+0.45%
Price / MA50:	-3.43%
Price / MA100:	-5.86%
Price / MAexp7:	-0.88%
Price / MAexp20:	+0.45%
Price / MAexp50:	+1.35%
Price / MAexp100:	+0.90%

Quotes : - 15 min delayed data - NYSE MKT Stocks

News

Don't forget to follow the news on FRANKLIN STREET PROPERTIES. At the time of publication of this analysis, the latest news was as follows:

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

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