Taking everything into account, FCBC scores 0 out of 10 in our technical rating. 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.
FCBC has a poor technical rating and the quality of the setup is also only medium 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.
31.10
2 important support areas can be observed.
When analyzing the resistance we notice 4 important areas.
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 FCBC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FCBC is down. |
| ChartMill Relative Strength | 22.16 | NEGATIVE | FCBC has a low relative strength, it was outperformed by 77.84% 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) | 41.29 | NEUTRAL | The RSI value for FCBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests FCBC has a negative trend. |
| Stochastics (14,3) | 14.3 | OVERSOLD | The low Stochastics value suggests FCBC may be oversold. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for FCBC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.96 | NEGATIVE | The low ADX value for FCBC suggests a weak or negative trend. |
32.6
-0.2 (-0.61%)
ChartMill assigns a technical rating of 0 / 10 to FCBC.
The current trend direction for FIRST COMMUNITY BANKSHARES (FCBC) is Bearish.
FIRST COMMUNITY BANKSHARES (FCBC) has an RSI value of 41.2891. This indicates that the stock is currently neutral.
The short term momentum for FIRST COMMUNITY BANKSHARES (FCBC) is negative.
The buy/sell signal for FIRST COMMUNITY BANKSHARES (FCBC) is sell as both the short term and long term trends are negative.