First Choice Bancorp (FCBP) Stock Technical Analysis
NASDAQ:FCBP - Nasdaq -
We assign a technical rating of 6 out of 10 to FCBP. In the last year, FCBP was one of the better performers, but we do observe some doubts in the very recent evolution.
Looking at the yearly performance, FCBP did better than 86% of all other stocks. We also observe that the gains produced by FCBP over the past year are nicely spread over this period.
FCBP is part of the Banks industry. There are 393 other stocks in this industry. FCBP outperforms 92% of them.
FCBP 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 FCBP is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
In the last month FCBP has a been trading in the 27.91 - 31.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, FCBP does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 29.08, a Stop Loss order could be placed below this zone.
More info and screens
26.50
33.33
We found 3 important support areas.
- A support zone ranging from 28.81 to 29.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.03 from a horizontal line in the daily time frame.
- Support @26.77 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 32.68 to 33.00. 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 FCBP is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FCBP is down. |
| ChartMill Relative Strength | 86.11 | POSITIVE | FCBP has a high relative strength, it outperformed 86.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FCBP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FCBP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FCBP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.94 | NEUTRAL | The RSI value for FCBP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests FCBP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.94 | NEUTRAL | The Stochastics value for FCBP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.91 | MEDIUM VOLATILITY | The ATR as a percentage value for FCBP suggests some volalility. |
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)
NASDAQ:FCBP (7/21/2021, 8:05:50 PM)
29.1
+0.24 (+0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.83%
1 Week0.48%
2 Weeks-0.61%
1 Month-5.79%
3 Month17.58%
6 Month50.08%
12 Month82.1%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.87
ATR(20)%2.91%
ATR Inc16.81%
Range Today0.61
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.11
Mansfield2.15
10 Day High30.28
10 Day Low27.91
20 Day High31.67
20 Day Low27.91
52 Week High33.5
52 Week Low12.73
CS1 End29.08
CR1 Start32.68
Volume & EV
DER(3)-0.14%
DER(5)2.67%
Volume46.20K
Volume Incr103.49%
Vol(5)69.76K
Vol(50)42.29K