FB BANCORP INC (FBLA) Technical Analysis
NASDAQ:FBLA • US31425A1097
Current stock price
FBLA Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to FBLA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FBLA is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that FBLA is one of the better performing stocks in the market, outperforming 74% of all stocks. We also observe that the gains produced by FBLA over the past year are nicely spread over this period.
- FBLA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FBLA is performing more or less in line with the market.
- In the last month FBLA has a been trading in the 12.83 - 13.79 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- FBLA is part of the Banks industry. There are 380 other stocks in this industry, FBLA did better than 68% of them.
- Volume is considerably higher in the last couple of days.
FBLA Weekly and Daily overview Charts
FBLA Setup Rating and Analysis
Besides having an excellent technical rating, FBLA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 13.66. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.32, 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
FBLA Support and Resistance Analysis
11.56
3 important support areas can be observed.
- A support zone ranging from 12.82 to 13.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @12.03 from a horizontal line in the daily time frame.
- A support zone ranging from 11.68 to 11.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 13.66 to 13.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
FBLA Technical Indicator Signal Analysis
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 FBLA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FBLA is up. |
| ChartMill Relative Strength | 74.74 | POSITIVE | FBLA has a high relative strength, it outperformed 74.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FBLA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FBLA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FBLA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.41 | NEUTRAL | The RSI value for FBLA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests FBLA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.96 | NEUTRAL | The Stochastics value for FBLA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for FBLA suggests low volalility. |
| Average Directional Index/ADX (14) | 15.49 | NEGATIVE | The low ADX value for FBLA suggests a weak or negative trend. |
FBLA Chart- and CandleStick Pattern Analysis
FBLA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.86 | 12.82 | 1.04 (7.50%) | 13.33% |
| An entry @13.86. This is a Buy Stop order right above the resistance zone. | An exit @12.82. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.04 points, which is 7.50%. | For a 1.00% total portfolio risk, you can invest 13.33% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FBLA Technicals: Chart, Performance Metrics, Trend & Indicators
13.52
-0.06 (-0.44%)
FB BANCORP INC / FBLA TA FAQ
What is the ChartMill technical rating of FB BANCORP INC (FBLA) stock?
ChartMill assigns a technical rating of 9 / 10 to FBLA.
What is the trend direction for FBLA stock?
The current trend direction for FB BANCORP INC (FBLA) is Bullish.
Can you provide the RSI signal for FB BANCORP INC?
FB BANCORP INC (FBLA) has an RSI value of 59.4053. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FB BANCORP INC?
The short term momentum for FB BANCORP INC (FBLA) is positive.
What is the support and resistance level for FBLA stock?
FB BANCORP INC (FBLA) has a support level at 13.32 and a resistance level at 13.66. Check the full technical report for our detailed analysis of FBLA support and resistance levels.