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The Potential Rise in the Price of Federal Signal Corp (FSS) following insiders activity

Federal Signal Corp’s recent filing unveils that its Director REICHELDERFER BRENDA unloaded Company’s shares for reported $2.39 million on Aug 30 ’24. In the deal valued at $92.99 per share,25,685 shares were sold. As a result of this transaction, REICHELDERFER BRENDA now holds 57,417 shares worth roughly $5.21 million.

Then, REICHELDERFER BRENDA bought 26,500 shares, generating $2,481,725 in total proceeds.

Before that, Elting Lauren B bought 7,234 shares. Federal Signal Corp shares valued at $685,132 were divested by the Former Officer at a price of $94.71 per share.

A number of analysts have revised their coverage, including William Blair’s analysts, who began to cover the stock in late May with a ‘”an Outperform”‘ rating. DA Davidson also remained covering FSS and has decreased its forecast on July 31, 2023 with a “Neutral” recommendation from previously “Buy” rating. Sidoti revised its rating on February 23, 2023. It rated FSS as “a Neutral” which previously was an “a Buy”.

Price Performance Review of FSS

On Tuesday, Federal Signal Corp [NYSE:FSS] saw its stock fall -0.03% to $90.75. Over the last five days, the stock has lost -7.90%. Federal Signal Corp shares have fallen nearly -1.78% since the year began. Nevertheless, the stocks have risen 11.31% over the past one year. While a 52-week high of $102.18 was reached on 01/23/25, a 52-week low of $76.85 was recorded on 02/25/25. SMA at 50 days reached $95.86, while 200 days put it at $91.52.

Levels Of Support And Resistance For FSS Stock

The 24-hour chart illustrates a support level at 89.52, which if violated will result in even more drops to 88.30. On the upside, there is a resistance level at 91.81. A further resistance level may holdings at 92.88. The Relative Strength Index (RSI) on the 14-day chart is 33.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.74, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.36%. Stochastics %K at 4.74% indicates the stock is a buying.

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