FB FINANCIAL CORP (FBK) Stock Technical Analysis
NYSE:FBK • US30257X1046
Taking everything into account, FBK scores 4 out of 10 in our technical rating. In the last year, FBK was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- In the last month FBK has a been trading in the 56.78 - 62.34 range, which is quite wide. It is currently trading near the lows of this range.
- FBK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FBK is lagging the market slightly.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When comparing the performance of all stocks over the past year, FBK turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
- FBK is part of the Banks industry. There are 381 other stocks in this industry, FBK did better than 46% of them.
FBK 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 61.62. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 58.36, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FBK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
45.36
When analyzing the support we can see 5 important areas.
- A support zone ranging from 57.75 to 58.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @55.80 from a horizontal line in the daily time frame.
- Support @54.10 from a trend line in the daily time frame.
- A support zone ranging from 52.04 to 52.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @45.82 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 61.62 to 61.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for FBK is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FBK is down. |
| ChartMill Relative Strength | 66.82 | NEUTRAL | FBK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FBK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FBK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FBK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.2 | NEUTRAL | The RSI value for FBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests FBK has a negative trend. |
| Stochastics (14,3) | 33.63 | NEUTRAL | The Stochastics value for FBK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for FBK suggests some volalility. |
| Average Directional Index/ADX (14) | 12.39 | NEGATIVE | The low ADX value for FBK suggests a weak or negative trend. |
58.48
-0.07 (-0.12%)
FB FINANCIAL CORP / FBK FAQ
What is the technical rating for FBK stock?
ChartMill assigns a technical rating of 4 / 10 to FBK.
Can you provide the trend direction for FB FINANCIAL CORP?
The current trend direction for FB FINANCIAL CORP (FBK) is Bullish.
What is the RSI signal for FB FINANCIAL CORP (FBK) stock?
FB FINANCIAL CORP (FBK) has an RSI value of 47.1982. This indicates that the stock is currently neutral.
What is the buy/sell signal for FBK stock?
The buy/sell signal for FB FINANCIAL CORP (FBK) is hold as the short term and long term trends are mixed.
What is the support and resistance level for FBK stock?
FB FINANCIAL CORP (FBK) has a support level at 58.36 and a resistance level at 61.62. Check the full technical report for our detailed analysis of FBK support and resistance levels.