FIRST COMMUNITY CORP (FCCO) Stock Technical Analysis
NASDAQ:FCCO • US3198351047
We assign a technical rating of 3 out of 10 to FCCO. FCCO has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month FCCO has a been trading in the 28.75 - 31.44 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- FCCO 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 FCCO is lagging the market slightly.
- When comparing the performance of all stocks over the past year, FCCO turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
- FCCO is part of the Banks industry. There are 379 other stocks in this industry, FCCO did better than 50% of them.
The technical rating of FCCO 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
20.69
When analyzing the support we can see 3 important areas.
- A support zone ranging from 28.58 to 28.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.89 from a trend line in the weekly time frame.
- Support @20.90 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 28.97 to 30.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 30.70 to 31.18. 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 FCCO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FCCO is neutral. |
| ChartMill Relative Strength | 59.45 | NEUTRAL | FCCO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FCCO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FCCO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FCCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.02 | NEUTRAL | The RSI value for FCCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests FCCO has a negative trend. |
| Stochastics (14,3) | 24.01 | NEUTRAL | The Stochastics value for FCCO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for FCCO suggests some volalility. |
| Average Directional Index/ADX (14) | 13.88 | NEGATIVE | The low ADX value for FCCO suggests a weak or negative trend. |
28.82
-1.2 (-4%)
FIRST COMMUNITY CORP / FCCO FAQ
What is the technical rating for FCCO stock?
ChartMill assigns a technical rating of 3 / 10 to FCCO.
What is the current trend direction of FIRST COMMUNITY CORP (FCCO) stock?
The current trend direction for FIRST COMMUNITY CORP (FCCO) is Bullish.
What is the RSI signal for FIRST COMMUNITY CORP (FCCO) stock?
FIRST COMMUNITY CORP (FCCO) has an RSI value of 39.0185. This indicates that the stock is currently neutral.
What is the MACD signal for FIRST COMMUNITY CORP (FCCO) stock?
The MACD indicator for FIRST COMMUNITY CORP (FCCO) has a value of -0.130361, indicating a bearish trend.
What is the short term momentum for FCCO stock?
The short term momentum for FIRST COMMUNITY CORP (FCCO) is neutral.