FIRST COMMUNITY BANKSHARES (FCBC) Technical Analysis
NASDAQ:FCBC • US31983A1034
Current stock price
FCBC Technical Rating and Analysis
Overall FCBC gets a technical rating of 8 out of 10. Although FCBC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- FCBC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FCBC is lagging the market slightly.
- FCBC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Looking at the yearly performance, FCBC did better than 74% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- FCBC is part of the Banks industry. There are 376 other stocks in this industry, FCBC did better than 69% of them.
FCBC Weekly and Daily overview Charts
FCBC Setup Rating and Analysis
Besides having an excellent technical rating, FCBC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
FCBC Support and Resistance Analysis
31.73
When analyzing the support we can see 2 important areas.
- A support zone ranging from 39.12 to 39.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 32.05 to 32.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 42.81 to 43.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
FCBC Technical Indicator Signal Analysis
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 FCBC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FCBC is up. |
| ChartMill Relative Strength | 74.23 | POSITIVE | FCBC has a high relative strength, it outperformed 74.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FCBC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FCBC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FCBC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.86 | NEUTRAL | The RSI value for FCBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests FCBC has a negative trend. |
| Stochastics (14,3) | 44.75 | NEUTRAL | The Stochastics value for FCBC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for FCBC suggests some volalility. |
| Average Directional Index/ADX (14) | 20.47 | NEUTRAL | The ADX value for FCBC suggests a possible start of a new trend. |
FCBC Chart- and CandleStick Pattern Analysis
FCBC Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 43.47 | 42.13 | 1.34 (3.08%) | 25.00% |
| An entry @43.47. This is a Buy Stop order right above the resistance zone. | An exit @42.13. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.34 points, which is 3.08%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.77%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FCBC Technicals: Chart, Performance Metrics, Trend & Indicators
42.51
-0.49 (-1.14%)
FIRST COMMUNITY BANKSHARES / FCBC TA FAQ
Can you provide the ChartMill technical rating for FIRST COMMUNITY BANKSHARES?
ChartMill assigns a technical rating of 8 / 10 to FCBC.
What is the trend direction for FCBC stock?
The current trend direction for FIRST COMMUNITY BANKSHARES (FCBC) is Bullish.
What is the RSI signal for FIRST COMMUNITY BANKSHARES (FCBC) stock?
FIRST COMMUNITY BANKSHARES (FCBC) has an RSI value of 54.8585. This indicates that the stock is currently neutral.
What is the MACD signal for FCBC stock?
The MACD indicator for FIRST COMMUNITY BANKSHARES (FCBC) has a value of -0.116277, indicating a bearish trend.
Can you provide the short term momentum for FIRST COMMUNITY BANKSHARES?
The short term momentum for FIRST COMMUNITY BANKSHARES (FCBC) is positive.