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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of FELE
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Franklin Electric Co. stock price ended at $95.73 on Tuesday, after losing 0.219%.
(Updated on Jun 11, 2024)

Sell candidate since May 13, 2024 Loss -6.07% PDF

The Franklin Electric Co. stock price fell by -0.219% on the last day (Tuesday, 11th Jun 2024) from $95.94 to $95.73. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 1.84% from a day low at $94.19 to a day high of $95.92. The price has fallen in 7 of the last 10 days and is down by -2.35% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -29 thousand shares and in total, 130 thousand shares were bought and sold for approximately $12.45 million.

The stock lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -6.27% during the next 3 months and, with a 90% probability hold a price between $87.31 and $94.98 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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FELE Signals & Forecast

There are few to no technical positive signals at the moment. The Franklin Electric Co. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $97.09 and $99.51. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, May 31, 2024, and so far it has fallen -3.77%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation

Support, Risk & Stop-loss for Franklin Electric Co. stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $1.73 between high and low, or 1.84%. For the last week the stock has had daily average volatility of 1.67%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (FELE) For The Upcoming Trading Day Of Wednesday 12th

For the upcoming trading day on Wednesday, 12th we expect Franklin Electric Co. to open at $95.28, and during the day (based on 14 day Average True Range), to move between $94.05 and $97.41, which gives a possible trading interval of +/-$1.68 (+/-1.75%) up or down from last closing price. If Franklin Electric Co. takes out the full calculated possible swing range there will be an estimated 3.50% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $96.27, some $0.540 (0.56%) from the current price of $95.73, our system finds the risk reward not very attractive.

Is Franklin Electric Co. stock A Buy?

Franklin Electric Co. holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -3.308 Sell Candidate Unchanged

Predicted Opening Price for Franklin Electric Co. of Wednesday, June 12, 2024

Fair opening price June 12, 2024 Current price
$95.28 ( 0.470%) $95.73

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for FELE

Fibonacci Support & Resistance Levels

Level Price
R3 97.01 1.34%
R2 96.35 0.647%
R1 95.94 0.220%
Price 95.73
S1 94.62 -1.16%
S2 94.21 -1.59%
S3 93.55 -2.28%

Accumulated Volume Support & Resistance Levels

Level Price
R3 101.85 6.39%
R2 101.44 5.96%
R1 96.27 0.564%
Price 95.73
S1 0 -
S2 0 -
S3 0 -

FELE Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 22, 2024 May 01, 2024 May 16, 2024 $0.250 0.249%
2 Jan 31, 2024 Jan 31, 2024 Feb 15, 2024 $0.250 0.249%
3 Oct 23, 2023 Nov 01, 2023 Nov 16, 2023 $0.225 0.253%
4 Jul 24, 2023 Aug 02, 2023 Aug 17, 2023 $0.225 0.243%
5 Apr 24, 2023 May 03, 2023 May 18, 2023 $0.225 0.240%

FAQ

What is the symbol for Franklin Electric Co. Stock and on which exchange is it traded?
The symbol for Franklin Electric Co. is FELE and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Franklin Electric Co. Stock?
Franklin Electric Co. holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Franklin Electric Co. Stock?
Franklin Electric Co. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Franklin Electric Co. Stock.

What's the current price of Franklin Electric Co. Stock?
As of the end of day on the Jun 11, 2024, the price of an Franklin Electric Co. (FELE) share was $95.73.

What is the 52-week high and low for Franklin Electric Co. Stock?
The 52-week high for Franklin Electric Co. Stock is $107.85 and the 52-week low is $82.61.

What is the market capitalization of Franklin Electric Co. Stock?
As of the Jun 11, 2024, the market capitalization of Franklin Electric Co. is 4.411B.

When is the next earnings date for Franklin Electric Co.?
The upcoming earnings date for Franklin Electric Co. is Jul 23, 2024.
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About Franklin Electric Co.

Franklin Electric Co. Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. It operates through three segments: Water Systems, Fueling Systems, and Distribution. The Water Systems segment offers submersible motors, pumps, drives, electronic controls, water treatment systems, monitoring devices, and related parts and equipment. Its motors and pumps are used principally for pumping c... FELE Profile

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