FOOT LOCKER INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	FL
ISIN:

FOOT LOCKER INC. - Weekly - Technical analysis published on 02/25/2022 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

17%

72%

11%

My opinion

Bearish under 46.68 USD

My targets

37.27 USD (-10.00%)

29.24 USD (-29.39%)

My analysis

In the short term, we can see an acceleration in the bearish trend on FOOT LOCKER INC., which is a positive signal for sellers. As long as the price remains above 46.68 USD, a sale could be considered. The first bearish objective is located at 37.27 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 29.24 USD as an objective. Crossing it would then enable sellers to target 18.24 USD. If the price were to return above 46.68 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

5.7

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 Smurph77. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The FOOT LOCKER INC. price is 41.41 USD. The price is lower by -1.85% over the 5 days with the lowest point at 39.73 USD and the highest point at 42.88 USD. The deviation from the price is +4.23% for the low point and -3.43% for the high point.

39.73

42.88

41.41

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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

New LOW record (1 year)

Type : Bearish

Timeframe : Weekly

New LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Weekly of this FOOT LOCKER INC. chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near support of triangle

Type : Bullish

Timeframe : Weekly

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	18.24	29.24	37.27	41.41	46.68	51.91	58.46
Change (%)	-55.95%	-29.39%	-10.00%	-	+12.73%	+25.36%	+41.17%
Change	-23.17	-12.17	-4.14	-	+5.27	+10.50	+17.05
Level	Major	Major	Major	-	Minor	Intermediate	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	36.12	37.20	39.31	40.39	42.50	43.58	45.69
Camarilla	40.53	40.83	41.12	41.41	41.70	42.00	42.29
Woodie	36.63	37.46	39.82	40.65	43.01	43.84	46.20
Fibonacci	37.20	38.42	39.18	40.39	41.61	42.37	43.58

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	34.25	36.27	38.84	40.86	43.43	45.45	48.02
Camarilla	40.15	40.57	40.99	41.41	41.83	42.25	42.67
Woodie	34.53	36.41	39.12	41.00	43.71	45.59	48.30
Fibonacci	36.27	38.02	39.11	40.86	42.61	43.70	45.45

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	32.43	35.97	40.33	43.87	48.23	51.77	56.13
Camarilla	42.51	43.23	43.96	44.68	45.40	46.13	46.85
Woodie	32.83	36.18	40.73	44.08	48.63	51.98	56.53
Fibonacci	35.97	38.99	40.86	43.87	46.89	48.76	51.77

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):	39.36
MACD (12,26,9):	-2.5300
Directional Movement:	-11.80
AROON (14):	-100.00
DEMA (21):	41.83
Parabolic SAR (0,02-0,02-0,2):	49.04
Elder Ray (13):	-3.21
Super Trend (3,10):	52.98
Zig ZAG (10):	41.41
VORTEX (21):	0.9200
Stochastique (14,3,5):	20.48
TEMA (21):	40.39
Williams %R (14):	-78.15
Chande Momentum Oscillator (20):	-2.24
Repulse (5,40,3):	-0.1000
ROCnROLL:	2
TRIX (15,9):	-0.8000
Courbe Coppock:	24.51

MA7:	42.41
MA20:	43.32
MA50:	43.00
MA100:	45.74
MAexp7:	42.74
MAexp20:	45.17
MAexp50:	47.35
MAexp100:	45.87
Price / MA7:	-2.36%
Price / MA20:	-4.41%
Price / MA50:	-3.70%
Price / MA100:	-9.47%
Price / MAexp7:	-3.11%
Price / MAexp20:	-8.32%
Price / MAexp50:	-12.54%
Price / MAexp100:	-9.72%

Quotes : - 15 min delayed data - NYSE Stocks

News

The last news published on FOOT LOCKER INC. at the time of the generation of this analysis was as follows:

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

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