Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Federal Signal Corp shares valued at $2,388,500 were sold by REICHELDERFER BRENDA on Aug 30 ’24. At $92.99 per share, REICHELDERFER BRENDA sold 25,685 shares. The insider’s holdings dropped to 57,417 shares worth approximately $5.33 million following the completion of this transaction.
Also, REICHELDERFER BRENDA purchased 26,500 shares, netting a total of over 2,481,725 in proceeds.
Before that, Elting Lauren B had added 7,234 shares to its account. In a trade valued at $685,132, the Former Officer bought Federal Signal Corp shares for $94.71 each.
Analysts at William Blair started covering the stock with ‘”an Outperform”‘ outlook in a report released in late May. As of July 31, 2023, DA Davidson has decreased its “Buy” rating to a “Neutral” for FSS. Earlier on February 23, 2023, Sidoti downgraded its rating. Their new recommendation was “a Neutral” for FSS stock which previously was a “a Buy”.
Analyzing FSS Stock Performance
During the last five days, there has been a surge of approximately 0.50%. Over the course of the year, Federal Signal Corp shares have jumped approximately 0.50%. Shares of the company reached a 52-week high of $96.93 on 01/06/25 and a 52-week low of $90.06 on 01/08/25. A 50-day SMA is recorded $92.67, while a 200-day SMA reached $89.43. Nevertheless, trading volume fell to 0.29 million shares from 0.44 million shares the previous day.
Support And Resistance Levels for Federal Signal Corp (FSS)
According to the 24-hour chart, there is a support level at 90.97, which, if violated, would cause prices to drop to 89.09. In the upper region, resistance lies at 93.82. The next price resistance is at 94.79. RSI (Relative Strength Index) is 47.39 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.11, which suggests the price will decrease in the coming days. Percent R is at 62.12%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
