FIRST BANCORP PUERTO RICO (FBP) Stock Technical Analysis
NYSE:FBP - New York Stock Exchange, Inc. - PR3186727065 - Common Stock - Currency: USD
Taking everything into account, FBP scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FBP is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
FBP 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 FBP has a been trading in the 19.24 - 22.07 range, which is quite wide. It is currently trading near the high of this range.
FBP has an average volume of 1137610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, FBP did better than 78% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
FBP is an average performer in the Banks industry, it outperforms 53% of 395 stocks in the same industry.
Although FBP has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
16.95
22.15
When analyzing the support we can see 4 important areas.
- A support zone ranging from 19.93 to 20.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.36 to 19.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.86 from a trend line in the weekly time frame.
- A support zone ranging from 17.12 to 17.32. This zone is formed by a combination of multiple trend lines 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 FBP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FBP is up. |
| ChartMill Relative Strength | 78.22 | POSITIVE | FBP has a high relative strength, it outperformed 78.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FBP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FBP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FBP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.98 | OVERBOUGHT | The high RSI value suggests FBP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests FBP has a positive trend. |
| Stochastics (14,3) | 94.69 | OVERBOUGHT | The high Stochastics value suggests FBP may be overbought. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for FBP suggests low volalility. |
| Average Directional Index/ADX (14) | 22.99 | NEUTRAL | The ADX value for FBP 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)
21.93
+0.26 (+1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.2%
1 Week4.13%
2 Weeks12.35%
1 Month9.49%
3 Month27.8%
6 Month17.84%
12 Month22.58%
2 Year47.68%
3 Year45.33%
5 Year303.13%
10 Year408.82%
15 Year161.07%
Volatility
ATR(14)0.46
ATR(20)%1.94%
ATR Inc-4.4%
Range Today0.32
ADR(20)0.4
ADR(20)%1.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.22
Mansfield0.12
10 Day High22.07
10 Day Low19.45
20 Day High22.07
20 Day Low19.24
52 Week High22.4
52 Week Low16.4
CS1 End20.85
CR1 Start21
Volume & EV
DER(3)1.46%
DER(5)0.32%
Volume500.44K
Volume Incr41.85%
Vol(5)1.50M
Vol(50)1.14M