FAF Should I Buy

BUY for a beginner long-term investor who wants to put money to work now. FAF is in a technically bullish uptrend (stacked moving averages) and is trading below most recent Street price targets ($68–$81), offering reasonable upside from $63.81. Hedge funds have been increasing buying meaningfully, and options open-interest positioning is mildly bullish (put/call < 1). The main drawback is recent earnings volatility (sharp YoY drop in net income/EPS) and a weak 1-month pattern signal, but for a long-term approach, current levels near support look like an acceptable entry rather than waiting for a perfect dip.

Trend is bullish overall despite today’s -1.42% pullback. Moving averages are strongly constructive (SMA_5 > SMA_20 > SMA_200), consistent with an established uptrend. MACD histogram is positive (0.477) but contracting, implying bullish momentum is cooling rather than reversing. RSI(6)=56.8 is neutral, suggesting the stock isn’t overbought and can support continued upside if buyers step in. Key levels: support/pivot at ~62.74 (near current price action), then S1 ~59.71; resistance at R1 ~65.77 and R2 ~67.64. Near-term pattern-based model flags risk of weakness over the next month (-5.3%), but the larger technical structure remains up unless the stock breaks below the ~62.7 area decisively. **Intellectia Proprietary Trading Signals** - [AI Stock Picker](module://ai_stock_pick): No signal on given stock today. - [SwingMax](module://swingmax): No signal on given stock today.