FIRST BANCORP/NC (FBNC) Stock Technical Analysis
USA - NASDAQ:FBNC - US3189101062 - Common Stock
Overall FBNC gets a technical rating of 5 out of 10. In the last year, FBNC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, FBNC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 50.24, a Stop Loss order could be placed below this zone.
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When analyzing the support we can see 4 important areas.
- A support zone ranging from 48.96 to 50.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 47.57 to 47.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 45.99 to 46.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @40.21 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 55.41 to 55.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for FBNC is neutral. |
| ChartMill Relative Strength | 69.28 | NEUTRAL | FBNC is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of FBNC is below a declining 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) | 55.78 | NEUTRAL | The RSI value for FBNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests FBNC has a positive trend. |
| Stochastics (14,3) | 94.76 | OVERBOUGHT | The high Stochastics value suggests FBNC may be overbought. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for FBNC suggests some volalility. |
| Average Directional Index/ADX (14) | 13.28 | NEGATIVE | The low ADX value for FBNC suggests a weak or negative trend. |
51.1
+0.59 (+1.17%)
FIRST BANCORP/NC / FBNC FAQ
Can you provide the ChartMill technical rating for FIRST BANCORP/NC?
ChartMill assigns a technical rating of 5 / 10 to FBNC.
Can you provide the trend direction for FIRST BANCORP/NC?
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 55.7781. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FIRST BANCORP/NC?
The MACD indicator for FIRST BANCORP/NC (FBNC) has a value of 0.398115, indicating a bearish trend.
What is the short term momentum for FBNC stock?
The short term momentum for FIRST BANCORP/NC (FBNC) is neutral.