FLAGSTAR BANCORP INC (FBC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FBC - US3379307057 - Common Stock
Overall FBC gets a technical rating of 5 out of 10. 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.
Although the technical rating is only medium, FBC does present a nice setup opportunity. 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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
When analyzing the support we notice one important 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.
5 important resistance areas can be observed.
- 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. |
37.54
+0.43 (+1.16%)
FLAGSTAR BANCORP INC / FBC FAQ
What is the ChartMill technical rating of FLAGSTAR BANCORP INC (FBC) stock?
ChartMill assigns a technical rating of 5 / 10 to FBC.
What is the trend direction for FBC stock?
The current trend direction for FLAGSTAR BANCORP INC (FBC) is Bearish.
What is the RSI signal for FLAGSTAR BANCORP INC (FBC) stock?
FLAGSTAR BANCORP INC (FBC) has an RSI value of 52.8692. This indicates that the stock is currently neutral.
What is the short term momentum for FLAGSTAR BANCORP INC (FBC) stock?
The short term momentum for FLAGSTAR BANCORP INC (FBC) is neutral.