FB FINANCIAL CORP (FBK) Stock Technical Analysis
NYSE:FBK - US30257X1046 - Common Stock
53.52 USD
+0.6 (+1.13%)
53.52 USD
0 (0%)
We assign a technical rating of 8 out of 10 to FBK. Although FBK is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
FBK is one of the better performing stocks in the Banks industry, it outperforms 74% of 393 stocks in the same industry.
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.
In the last month FBK has a been trading in the 46.95 - 53.81 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, FBK did better than 77% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Although FBK has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
45.22
54.06
When analyzing the support we can see 4 important areas.
- A support zone ranging from 51.12 to 51.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 47.98 to 48.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 46.96 to 47.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @45.68 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for FBK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FBK is up. |
| ChartMill Relative Strength | 77.45 | POSITIVE | FBK has a high relative strength, it outperformed 77.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FBK is above the rising 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) | 69.16 | NEUTRAL | The RSI value for FBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests FBK has a positive trend. |
| Stochastics (14,3) | 93.88 | OVERBOUGHT | The high Stochastics value suggests FBK may be overbought. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for FBK suggests some volalility. |
| Average Directional Index/ADX (14) | 27.59 | POSITIVE | The high ADX value value for FBK suggests a strong 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)
53.52
+0.6 (+1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.13%
1 Week4.8%
2 Weeks9.29%
1 Month7.95%
3 Month22.61%
6 Month5.94%
12 Month10.99%
2 Year76.17%
3 Year35.08%
5 Year98.22%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.21
ATR(20)%2.18%
ATR Inc-30.38%
Range Today1
ADR(20)1.11
ADR(20)%2.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.45
Mansfield0.08
10 Day High53.81
10 Day Low49.07
20 Day High53.81
20 Day Low46.95
52 Week High58.88
52 Week Low38.83
CS1 End51.48
CR1 StartN/A
Volume & EV
DER(3)1.16%
DER(5)0.33%
Volume318.90K
Volume Incr-4.75%
Vol(5)418.72K
Vol(50)462.86K