First Acceptance Corporation stock trades under the ticker FACO & closed at $1.39 on 12/14/2020.
FACO stock’s technicals are showing strength, with a bullish MACD crossover yesterday, as well as a bullish curl up of their 10 Day Moving-Average, set to cross their 50 Day Moving-Average; and their RSI is at a reasonable level.
FACO Stock Price: $1.39
10 Day Moving-Average: $1.23
50 Day Moving-Average: $1.28
200 Day Moving-Average: $0.90
RSI: 63
While FACO stock does not have options, there still looks to be some opportunity for a short-term trader to capitalize on their stock performance.
I would be focused on their filled green candlestick price levels (black in the chart above), as it looks like they’re finding resistance at $1.50, but with how often they’ve knocked on the door at that level, there looks to be some form of opportunity.
Overall, First Acceptance Corporation stock looks to have some room for opportunity for a short-to-medium-term trade.
*** I DO NOT OWN SHARES OF FACO STOCK ***