FLAGSTAR BANCORP INC (FBC) Stock Technical Analysis
NYSE:FBC - New York Stock Exchange, Inc. - US3379307057 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to FBC. FBC has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
FBC 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.
In the last month FBC has a been trading in the 34.73 - 41.02 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
FBC has an average volume of 1455590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, FBC turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
Volume is considerably higher in the last couple of days.
FBC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 39.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.53, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
36.55
44.43
We found 1 important support area.
- A support zone ranging from 36.92 to 37.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 39.54 to 39.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @41.15 from a trend line in the daily time frame.
- Resistance @42.35 from a horizontal line in the weekly time frame.
- Resistance @43.09 from a horizontal line in the daily time frame.
- Resistance @43.99 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 | NEUTRAL | NEUTRAL | The long term trend for FBC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FBC is neutral. |
| ChartMill Relative Strength | 47.15 | NEUTRAL | FBC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FBC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FBC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FBC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.87 | NEUTRAL | The RSI value for FBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests FBC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.43 | NEUTRAL | The Stochastics value for FBC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.42 | MEDIUM VOLATILITY | The ATR as a percentage value for FBC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.8 | NEGATIVE | The low ADX value for FBC suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
37.54
+0.43 (+1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryThrifts & Mortgage Finance
Performance
% Chg1.16%
1 Week-0.61%
2 Weeks-5.63%
1 Month-3%
3 Month-2.34%
6 Month0.97%
12 Month-19.84%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.24
ATR(20)%3.42%
ATR Inc-12.12%
Range Today1.54
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.15
Mansfield-0.43
10 Day High39.82
10 Day Low36.19
20 Day High41.02
20 Day Low34.73
52 Week High53.3
52 Week Low30.82
CS1 End37.53
CR1 Start39.54
Volume & EV
DER(3)0.15%
DER(5)-0.01%
Volume18.82M
Volume Incr147.62%
Vol(5)4.41M
Vol(50)1.46M