FIRST COMMUNITY CORP (FCCO) Stock Technical Analysis
NASDAQ:FCCO - Nasdaq - US3198351047 - Common Stock - Currency: USD
Overall FCCO gets a technical rating of 6 out of 10. In the last year, FCCO was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Warning: FCCO has an average volume of 29716 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that FCCO is one of the better performing stocks in the market, outperforming 87% of all stocks.
FCCO is part of the Banks industry. There are 396 other stocks in this industry. FCCO outperforms 86% of them.
FCCO 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.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
FCCO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FCCO is lagging the market slightly.
Although the technical rating is only medium, FCCO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
20.03
25.20
When analyzing the support we can see 3 important areas.
- Support @21.40 from a trend line in the weekly time frame.
- A support zone ranging from 20.58 to 20.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.23 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 23.50 to 23.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 24.48 to 24.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.95 from a horizontal line in the daily time frame.
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 | 87.94 | POSITIVE | FCCO has a high relative strength, it outperformed 87.94% off all stocks 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) | UP | POSITIVE | The current price of FCCO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FCCO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.35 | NEUTRAL | The RSI value for FCCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests FCCO has a negative trend. |
| Stochastics (14,3) | 15.87 | OVERSOLD | The low Stochastics value suggests FCCO may be oversold. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for FCCO suggests some volalility. |
| Average Directional Index/ADX (14) | 21.48 | NEUTRAL | The ADX value for FCCO suggests a possible start of a new trend. |
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)
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 |
|---|---|---|---|
| 23.77 | 23.24 | 0.53 (2.23%) | 25.00% |
| An entry @23.77. This is a Buy Stop order right above the resistance zone. | An exit @23.24. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.53 points, which is 2.23%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.56%. |
- The distance between exit and entry is rather small compared to the average daily movement of FCCO. Please evaluate whether better entry and exit points can be found.
- 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.
23.42
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0%
1 Week-1.39%
2 Weeks-1.68%
1 Month-3.42%
3 Month0.9%
6 Month-8.59%
12 Month45.11%
2 Year34.91%
3 Year22.17%
5 Year54.59%
10 Year92.12%
15 Year303.79%
Volatility
ATR(14)0.55
ATR(20)%2.56%
ATR Inc-21.42%
Range Today0.5
ADR(20)0.58
ADR(20)%2.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.94
Mansfield-0.06
10 Day High24.87
10 Day Low23.25
20 Day High24.94
20 Day Low23.25
52 Week High27.96
52 Week Low15.75
CS1 End21.4
CR1 Start23.5
Volume & EV
DER(3)-1.72%
DER(5)-0.8%
Volume20.60K
Volume Incr-18.63%
Vol(5)19.30K
Vol(50)29.72K