FB FINANCIAL CORP (FBK) Stock Technical Analysis
NYSE:FBK - New York Stock Exchange, Inc. - US30257X1046 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to FBK. FBK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
In the last month FBK has a been trading in the 42.31 - 47.59 range, which is quite wide. It is currently trading near the lows of this range.
When compared to the yearly performance of all other stocks, FBK outperforms 64% of them, which is more or less in line with the market.
FBK is an average performer in the Banks industry, it outperforms 53% of 504 stocks in the same industry.
FBK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FBK is lagging the market slightly.
FBK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
39.52
49.57
We found 2 important support areas.
- Support @41.88 from a trend line in the weekly time frame.
- A support zone ranging from 39.92 to 40.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 43.57 to 44.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 45.78 to 46.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @47.45 from a trend line in the weekly time frame.
- Resistance @48.22 from a horizontal line in the daily time frame.
- Resistance @49.08 from a trend 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 FBK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FBK is down. |
| ChartMill Relative Strength | 64.1 | 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) | DOWN | NEGATIVE | The current price of FBK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FBK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.22 | NEUTRAL | The RSI value for FBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests FBK has a negative trend. |
| Stochastics (14,3) | 15.29 | OVERSOLD | The low Stochastics value suggests FBK may be oversold. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for FBK suggests some volalility. |
| Average Directional Index/ADX (14) | 15.53 | NEGATIVE | The low ADX value for FBK 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)
42.79
-0.1 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.23%
1 Week-2.66%
2 Weeks-2.26%
1 Month-2.55%
3 Month-8.72%
6 Month-24.28%
12 Month19.29%
2 Year52.55%
3 Year9.1%
5 Year72.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.88
ATR(20)%2.2%
ATR Inc-9.81%
Range Today0.67
ADR(20)0.81
ADR(20)%1.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.1
Mansfield-1.25
10 Day High44.56
10 Day Low42.31
20 Day High47.6
20 Day Low42.31
52 Week High58.88
52 Week Low34.5
CS1 End41.88
CR1 Start43.57
Volume & EV
DER(3)0.94%
DER(5)0.03%
Volume172.40K
Volume Incr-16.2%
Vol(5)169.90K
Vol(50)255.59K