FIRST BANCORP PUERTO RICO (FBP) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FBP - PR3186727065 - Common Stock
Taking everything into account, FBP scores 1 out of 10 in our technical rating. FBP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
FBP has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 19.61, a Stop Loss order could be placed below this zone.
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16.95
When analyzing the support we can see 3 important areas.
- A support zone ranging from 19.36 to 19.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.94 from a trend line in the weekly time frame.
- A support zone ranging from 17.12 to 17.16. This zone is formed by a combination of multiple trend lines in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 19.80 to 19.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 20.31 to 20.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.83 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 22.28 to 22.49. 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 | DOWN | NEGATIVE | The long term trend for FBP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FBP is down. |
| ChartMill Relative Strength | 27.3 | NEGATIVE | FBP has a low relative strength, it was outperformed by 72.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FBP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FBP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FBP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.72 | NEUTRAL | The RSI value for FBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests FBP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.46 | NEUTRAL | The Stochastics value for FBP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for FBP suggests some volalility. |
| Average Directional Index/ADX (14) | 22.58 | NEUTRAL | The ADX value for FBP suggests a possible start of a new trend. |
19.77
-0.26 (-1.3%)
FIRST BANCORP PUERTO RICO / FBP FAQ
What is the technical rating for FBP stock?
ChartMill assigns a technical rating of 1 / 10 to FBP.
What is the current trend direction of FIRST BANCORP PUERTO RICO (FBP) stock?
The current trend direction for FIRST BANCORP PUERTO RICO (FBP) is Bearish.
What is the RSI signal for FIRST BANCORP PUERTO RICO (FBP) stock?
FIRST BANCORP PUERTO RICO (FBP) has an RSI value of 44.7209. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FIRST BANCORP PUERTO RICO?
The short term momentum for FIRST BANCORP PUERTO RICO (FBP) is negative.
What are the support and resistance levels for FIRST BANCORP PUERTO RICO (FBP) stock?
FIRST BANCORP PUERTO RICO (FBP) has a support level at 19.61 and a resistance level at 19.8. Check the full technical report for our detailed analysis of FBP support and resistance levels.