FIRST COMMUNITY BANKSHARES (FCBC) Stock Technical Analysis
NASDAQ:FCBC - Nasdaq - US31983A1034 - Common Stock - Currency: USD
Overall FCBC gets a technical rating of 0 out of 10. FCBC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
82% of all other stocks performed better in the past year than FCBC.
FCBC is one of the lesser performing stocks in the Banks industry. 92% of 393 stocks in the same industry do better.
FCBC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month FCBC has a been trading in the 36.82 - 42.15 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
The technical rating of FCBC is bad and it also does not present a 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
35.84
42.36
We found 1 important support area.
- Support @36.20 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 38.99 to 39.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 40.99 to 41.94. 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 | NEUTRAL | NEUTRAL | The long term trend for FCBC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FCBC is down. |
| ChartMill Relative Strength | 18.25 | NEGATIVE | FCBC has a low relative strength, it was outperformed by 81.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FCBC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FCBC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FCBC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.96 | NEUTRAL | The RSI value for FCBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.46 | NEGATIVE | The MACD value suggests FCBC has a negative trend. |
| Stochastics (14,3) | 5.98 | OVERSOLD | The low Stochastics value suggests FCBC may be oversold. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for FCBC suggests some volalility. |
| Average Directional Index/ADX (14) | 23.55 | NEUTRAL | The ADX value for FCBC 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)
36.94
-1.02 (-2.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.69%
1 Week-9.19%
2 Weeks-8.63%
1 Month-8.65%
3 Month-4.74%
6 Month-14.83%
12 Month-13.61%
2 Year9.84%
3 Year15.15%
5 Year88.85%
10 Year107.64%
15 Year151.12%
Volatility
ATR(14)1.25
ATR(20)%3.23%
ATR Inc33.63%
Range Today1.93
ADR(20)1.16
ADR(20)%3.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.25
Mansfield-1.74
10 Day High41.66
10 Day Low36.82
20 Day High42.15
20 Day Low36.82
52 Week High49.02
52 Week Low33.88
CS1 End36.2
CR1 Start38.99
Volume & EV
DER(3)-8.03%
DER(5)-5.98%
Volume53.53K
Volume Incr-35.41%
Vol(5)42.63K
Vol(50)57.38K