March 15, 2019 - 9:30 PM EDT
Finisar $FNSR Technical Update
Finisar $FNSR Technical Update

The Finisar (NASDAQ: FNSR) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for FNSR, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Review the Trading Plans:

Technical Summary

Term → Near Mid Long
Bias Strong Neutral Neutral
P1 23.46 23.04 20.35
P2 23.74 24.22 23.42
P3 24.03 25.42 26.47

Long Term Trading Plans for FNSR

March 15, 2019, 9:30 pm ET

The Technical Summary and Trading Plans for FNSR help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this FNSR Report.

FNSR - (Long) Support Plan

The technical summary data tells us to buy FNSR near 23.42 with an upside target of 26.47. This data also tells us to set a stop loss @ 23.16 to protect against excessive loss in case the stock begins to move against the trade. 23.42 is the first level of support below 23.75 , and by rule, any test of support is a buy signal. In this case, support 23.42 is being tested, a buy signal would exist.

FNSR - (Short) Resistance Plan

The technical summary data is suggesting a short of FNSR as it gets near 26.47 with a downside target of 23.42. We should have a stop loss in place at 26.73 though. 26.47 is the first level of resistance above 23.75, and by rule, any test of resistance is a short signal. In this case, if resistance 26.47 is being tested, a short signal would exist.


FNSR Long Term Analysis

FNSR EPS Analysis

FNSR Dividend Chart

FNSR Revenue chart

FNSR Growth rate - Quarterly

FNSR Growth rate - Yearly

FNSR PE chart

FNSR PEG chart


Source: Stock Traders Daily (March 15, 2019 - 9:30 PM EDT)