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 - 1H - Technical analysis published on 03/14/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

33%

44%

22%

My opinion

Bearish under 2.26 USD

My targets

2.15 USD (-2.27%)

1.99 USD (-9.55%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on FRANKLIN STREET PROPERTIES as long as the price remains well below 2.26 USD. The sellers' bearish objective is set at 2.15 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.99 USD. In case of crossing, the next objective would be the support located at 1.62 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

6.4

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

FRANKLIN STREET PROPERTIES rating 2.20 USD. The price is lower by -0.45% since the last closing with the lowest point at 2.17 USD and the highest point at 2.23 USD. The deviation from the price is +1.38% for the low point and -1.35% for the high point.

2.17

2.23

2.20

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of FRANKLIN STREET PROPERTIES indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 4 are neutral and 8 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near support of channel

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1.99	2.15	2.19	2.20	2.26	2.29	2.40
Change (%)	-9.55%	-2.27%	-0.45%	-	+2.73%	+4.09%	+9.09%
Change	-0.21	-0.05	-0.01	-	+0.06	+0.09	+0.20
Level	Major	Minor	Minor	-	Major	Major	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.14	2.17	2.19	2.22	2.24	2.27	2.29
Camarilla	2.20	2.20	2.21	2.21	2.22	2.22	2.22
Woodie	2.14	2.17	2.19	2.22	2.24	2.27	2.29
Fibonacci	2.17	2.19	2.20	2.22	2.24	2.25	2.27

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2.12	2.19	2.24	2.31	2.36	2.43	2.48
Camarilla	2.26	2.27	2.28	2.29	2.30	2.31	2.32
Woodie	2.11	2.19	2.23	2.31	2.35	2.43	2.47
Fibonacci	2.19	2.24	2.26	2.31	2.36	2.38	2.43

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):	37.93
MACD (12,26,9):	-0.0200
Directional Movement:	-4.88
AROON (14):	-14.28
DEMA (21):	2.20
Parabolic SAR (0,02-0,02-0,2):	2.24
Elder Ray (13):	-0.03
Super Trend (3,10):	2.28
Zig ZAG (10):	2.20
VORTEX (21):	0.8300
Stochastique (14,3,5):	31.18
TEMA (21):	2.20
Williams %R (14):	-70.97
Chande Momentum Oscillator (20):	-0.03
Repulse (5,40,3):	0.0800
ROCnROLL:	2
TRIX (15,9):	-0.1300
Courbe Coppock:	2.30

MA7:	2.26
MA20:	2.32
MA50:	2.41
MA100:	2.34
MAexp7:	2.21
MAexp20:	2.23
MAexp50:	2.26
MAexp100:	2.29
Price / MA7:	-2.65%
Price / MA20:	-5.17%
Price / MA50:	-8.71%
Price / MA100:	-5.98%
Price / MAexp7:	-0.45%
Price / MAexp20:	-1.35%
Price / MAexp50:	-2.65%
Price / MAexp100:	-3.93%

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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