FIRST BANCORP/NC (FBNC) Stock Technical Analysis
NASDAQ:FBNC - Nasdaq - US3189101062 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to FBNC. FBNC has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, FBNC did better than 84% of all other stocks.
FBNC is one of the better performing stocks in the Banks industry, it outperforms 83% of 395 stocks in the same industry.
In the last month FBNC has a been trading in the 40.00 - 43.80 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.
FBNC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FBNC is lagging the market.
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
34.32
44.99
We found 3 important support areas.
- A support zone ranging from 40.31 to 41.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.55 from a trend line in the weekly time frame.
- Support @34.67 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @44.54 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for FBNC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FBNC is up. |
| ChartMill Relative Strength | 84.72 | POSITIVE | FBNC has a high relative strength, it outperformed 84.72% 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) | 67.9 | NEUTRAL | The RSI value for FBNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests FBNC has a positive trend. |
| Stochastics (14,3) | 90.87 | OVERBOUGHT | The high Stochastics value suggests FBNC may be overbought. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for FBNC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.37 | NEUTRAL | The ADX value for FBNC suggests a possible start of a new 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)
43.75
+0.6 (+1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.39%
1 Week7.84%
2 Weeks5.55%
1 Month4.97%
3 Month8.48%
6 Month-1.46%
12 Month37.06%
2 Year47.06%
3 Year25.36%
5 Year74.44%
10 Year162.29%
15 Year201.93%
Volatility
ATR(14)0.98
ATR(20)%2.09%
ATR Inc50.21%
Range Today1.63
ADR(20)0.88
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.72
Mansfield-0.21
10 Day High43.8
10 Day Low40
20 Day High43.8
20 Day Low40
52 Week High50.34
52 Week Low30.76
CS1 End41.55
CR1 Start44.54
Volume & EV
DER(3)2.52%
DER(5)2.72%
Volume838.80K
Volume Incr53.15%
Vol(5)272.80K
Vol(50)192.89K