FIRST COMMUNITY CORP (FCCO) Technical Analysis
NASDAQ:FCCO • US3198351047
Current stock price
FCCO Technical Rating and Analysis
Taking everything into account, FCCO scores 7 out of 10 in our technical rating. Although FCCO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 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.
- In the last month FCCO has a been trading in the 28.64 - 31.51 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- 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 66% of all stocks.
- FCCO is part of the Banks industry. There are 376 other stocks in this industry, FCCO did better than 55% of them.
FCCO Weekly and Daily overview Charts
FCCO Setup Rating and Analysis
FCCO has an excellent technical rating and also presents a decent setup pattern. 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. There is a resistance zone just above the current price starting at 31.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 29.70, a Stop Loss order could be placed below this zone.
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FCCO Support and Resistance Analysis
26.69
3 important support areas can be observed.
- A support zone ranging from 29.16 to 29.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.73 to 28.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.96 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 31.15 to 31.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
FCCO Technical Indicator Signal Analysis
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 | 66.15 | NEUTRAL | FCCO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FCCO is below the rising 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 | POSITIVE | The current price of FCCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.97 | 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) | 29.82 | NEUTRAL | The Stochastics value for FCCO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for FCCO suggests some volalility. |
| Average Directional Index/ADX (14) | 20.92 | NEUTRAL | The ADX value for FCCO suggests a possible start of a new trend. |
FCCO Chart- and CandleStick Pattern Analysis
FCCO Example Setup
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 |
|---|---|---|---|
| 30.55 | 29.49 | 1.06 (3.48%) | 25.00% |
| An entry @30.55. This is a Buy Stop order right above the 10 day moving average. | An exit @29.49. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.06 points, which is 3.48%. | For a 0.87% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
FCCO Technicals: Chart, Performance Metrics, Trend & Indicators
30.19
+0.07 (+0.23%)
FIRST COMMUNITY CORP / FCCO TA FAQ
What is the technical rating for FCCO stock?
ChartMill assigns a technical rating of 7 / 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.
Can you provide the RSI signal for FIRST COMMUNITY CORP?
FIRST COMMUNITY CORP (FCCO) has an RSI value of 51.9673. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FIRST COMMUNITY CORP?
The MACD indicator for FIRST COMMUNITY CORP (FCCO) has a value of -0.0972902, indicating a bearish trend.
What is the support and resistance level for FCCO stock?
FIRST COMMUNITY CORP (FCCO) has a support level at 29.7 and a resistance level at 31.15. Check the full technical report for our detailed analysis of FCCO support and resistance levels.