FIRST COMMUNITY BANKSHARES (FCBC) Stock Technical Analysis
NASDAQ:FCBC • US31983A1034
Overall FCBC gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FCBC is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- FCBC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FCBC is performing more or less in line with the market.
- 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.
- When comparing the yearly performance of all stocks, we notice that FCBC is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- FCBC is an average performer in the Banks industry, it outperforms 59% of 379 stocks in the same industry.
FCBC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 40.96. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 39.12, a Stop Loss order could be placed below this zone.
More info and screens
31.11
We found 4 important support 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.
- Support @35.65 from a trend line in the daily time frame.
- A support zone ranging from 31.94 to 32.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.42 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 40.96 to 41.79. 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 | 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 | 70.56 | POSITIVE | FCBC has a high relative strength, it outperformed 70.56% 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) | 58.05 | NEUTRAL | The RSI value for FCBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests FCBC has a negative trend. |
| Stochastics (14,3) | 36.84 | NEUTRAL | The Stochastics value for FCBC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for FCBC suggests some volalility. |
| Average Directional Index/ADX (14) | 29.72 | POSITIVE | The high ADX value value for FCBC suggests a strong trend. |
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 |
|---|---|---|---|
| 41.80 | 39.11 | 2.69 (6.44%) | 15.54% |
| An entry @41.80. This is a Buy Stop order right above the resistance zone. | An exit @39.11. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.69 points, which is 6.44%. | When investing 15.54% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
40.11
-0.07 (-0.17%)
FIRST COMMUNITY BANKSHARES / FCBC 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 FCBC stock?
FIRST COMMUNITY BANKSHARES (FCBC) has an RSI value of 58.053. This indicates that the stock is currently neutral.
What is the short term momentum for FIRST COMMUNITY BANKSHARES (FCBC) stock?
The short term momentum for FIRST COMMUNITY BANKSHARES (FCBC) is positive.
Can you provide the buy/sell signal for FIRST COMMUNITY BANKSHARES?
The buy/sell signal for FIRST COMMUNITY BANKSHARES (FCBC) is buy as both the short term and long term trends are positive.