Taking everything into account, FBNC scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FBNC is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that FBNC is one of the better performing stocks in the market, outperforming 86% of all stocks.
- FBNC is part of the Banks industry. There are 383 other stocks in this industry. FBNC outperforms 87% of them.
- FBNC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month FBNC has a been trading in the 49.98 - 58.79 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although FBNC has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
41.32
We found 4 important support areas.
- A support zone ranging from 52.06 to 52.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 50.78 to 50.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @45.99 from a horizontal line in the daily time frame.
- Support @41.74 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 FBNC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FBNC is up. |
| ChartMill Relative Strength | 86.57 | POSITIVE | FBNC has a high relative strength, it outperformed 86.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FBNC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FBNC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FBNC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.9 | OVERBOUGHT | The high RSI value suggests FBNC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.57 | POSITIVE | The MACD value suggests FBNC has a positive trend. |
| Stochastics (14,3) | 92.17 | OVERBOUGHT | The high Stochastics value suggests FBNC may be overbought. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for FBNC suggests some volalility. |
| Average Directional Index/ADX (14) | 26.13 | POSITIVE | The high ADX value value for FBNC suggests a strong trend. |
57.75
-0.17 (-0.29%)
FIRST BANCORP/NC / FBNC FAQ
Can you provide the ChartMill technical rating for FIRST BANCORP/NC?
ChartMill assigns a technical rating of 10 / 10 to FBNC.
What is the trend direction for FBNC stock?
The current trend direction for FIRST BANCORP/NC (FBNC) is Bullish.
What is the RSI signal for FBNC stock?
FIRST BANCORP/NC (FBNC) has an RSI value of 76.9033. This indicates that the stock is currently overbought.
What is the MACD signal for FIRST BANCORP/NC (FBNC) stock?
The MACD indicator for FIRST BANCORP/NC (FBNC) has a value of 0.570895, indicating a bearish trend.
What is the short term momentum for FIRST BANCORP/NC (FBNC) stock?
The short term momentum for FIRST BANCORP/NC (FBNC) is positive.