Technical Analysis for FN - Fabrinet

Grade Last Price % Change Price Change
B 236.69 1.85% 4.30
FN closed up 1.85 percent on Wednesday, May 15, 2024, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Calm After Storm Range Contraction 0.00%
NR7 Range Contraction 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish 1.85%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 17 hours ago
60 Minute Opening Range Breakout about 21 hours ago
Up 2% about 21 hours ago
Bullish 180 Entry about 22 hours ago
Rose Above Previous Day's High about 22 hours ago

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Profile

Fabrinet Description

Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers (OEMs) of optical communication components, modules and sub-systems, and industrial lasers and sensors. It provides a range of optical and electro-mechanical capabilities across the manufacturing process, including process design and engineering, supply chain management, manufacturing, packaging, integration, final assembly, and test. The company's products comprise selective switching products, such as reconfigurable optical add-drop modules (ROADMs), optical amplifiers, modulators, and other optical components and modules that enable network managers to route signals through fiber traffic at various wavelengths and over various distances; tunable transponders and transceivers; and active optical cables, which provide high-speed interconnect capabilities for data centers and computing clusters, as well as Infiniband, Ethernet, fiber channel, and optical backplane connectivity. It also offers solid state, diode-pumped, gas, and fiber lasers used across various industries, including semiconductor processing, biotechnology, metrology, and material processing; and sensors, including differential pressure, micro-gyro, fuel, and other sensors used in automobiles, as well as non-contact temperature measurement sensors for the medical industry. In addition, the company designs and fabricates application-specific crystals, prisms, mirrors, and laser components and substrates, as well as other custom and standard borosilicate, clear fused quartz, and synthetic fused silica glass products. Fabrinet operates in North America, the Asia-Pacific, and Europe. The company was founded in 1999 and is based in George Town, the Cayman Islands.


Classification

Sector: Technology
Industry: Consumer Electronics
Keywords: Biotechnology Semiconductor Supply Chain Management Laser Optics Ethernet Data Center Manufacturing Process Telecommunications Equipment Photonics Electronic Manufacturing Service Transceiver Metrology Mirrors Crystals Electromagnetic Radiation Glass Products Backplane Quartz Material Processing Fiber Laser Semiconductor Processing Wavelength Division Multiplexing Optical Amplifier

Is FN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 238.76
52 Week Low 94.135
Average Volume 482,315
200-Day Moving Average 176.81
50-Day Moving Average 191.17
20-Day Moving Average 189.62
10-Day Moving Average 209.27
Average True Range 8.38
RSI (14) 80.43
ADX 30.97
+DI 49.95
-DI 14.00
Chandelier Exit (Long, 3 ATRs) 213.61
Chandelier Exit (Short, 3 ATRs) 184.84
Upper Bollinger Bands 238.89
Lower Bollinger Band 140.34
Percent B (%b) 0.98
BandWidth 51.97
MACD Line 12.41
MACD Signal Line 5.62
MACD Histogram 6.7898
Fundamentals Value
Market Cap 8.59 Billion
Num Shares 36.3 Million
EPS 6.93
Price-to-Earnings (P/E) Ratio 34.15
Price-to-Sales 2.73
Price-to-Book 4.61
PEG Ratio 1.19
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 243.32
Resistance 3 (R3) 243.27 241.02 242.22
Resistance 2 (R2) 241.02 239.33 241.04 241.85
Resistance 1 (R1) 238.85 238.29 239.94 238.90 241.48
Pivot Point 236.60 236.60 237.14 236.62 236.60
Support 1 (S1) 234.43 234.91 235.52 234.48 231.90
Support 2 (S2) 232.18 233.87 232.20 231.53
Support 3 (S3) 230.01 232.18 231.17
Support 4 (S4) 230.06