First Advantage Bancorp (FABK) Stock Technical Analysis
NASDAQ:FABK
We assign a technical rating of 0 out of 10 to FABK. FABK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, FABK is a bad performer in the overall market: 81% of all stocks are doing better.
- FABK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: FABK has an average volume of 16286 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month FABK has a been trading in the 10.61 - 12.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
The technical rating of FABK is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
11.14
We found 1 important support area.
- Support @11.25 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @12.59 from a trend line in the daily time frame.
- Strong resistance @12.91 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for FABK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FABK is down. |
| ChartMill Relative Strength | 19.85 | NEGATIVE | FABK has a low relative strength, it was outperformed by 80.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FABK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FABK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FABK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.62 | NEUTRAL | The RSI value for FABK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FABK has a negative trend, although the MACD value is rising. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for FABK suggests some volalility. |
NASDAQ:FABK (5/10/2013, 8:53:09 PM)
11.41
+0.02 (+0.18%)
First Advantage Bancorp / FABK FAQ
What is the technical rating for FABK stock?
ChartMill assigns a technical rating of 0 / 10 to FABK.
Can you provide the trend direction for First Advantage Bancorp?
The current trend direction for First Advantage Bancorp (FABK) is Bearish.
What is the RSI signal for FABK stock?
First Advantage Bancorp (FABK) has an RSI value of 33.6229. This indicates that the stock is currently neutral.
What is the short term momentum for First Advantage Bancorp (FABK) stock?
The short term momentum for First Advantage Bancorp (FABK) is negative.
What is the buy/sell signal for First Advantage Bancorp (FABK) stock?
The buy/sell signal for First Advantage Bancorp (FABK) is sell as both the short term and long term trends are negative.