1st Constitution Bancorp (FCCY) Stock Technical Analysis
NASDAQ:FCCY - Nasdaq - Common Stock
Overall FCCY gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FCCY is showing a nice and steady performance.
Warning: FCCY has an average volume of 22409 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that FCCY is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, FCCY also shows a nice and consistent pattern of rising prices.
FCCY is part of the Banks industry. There are 393 other stocks in this industry. FCCY outperforms 99% of them.
FCCY is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month FCCY has a been trading in the 23.42 - 27.93 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although FCCY has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
23.35
28.07
2 important support areas can be observed.
- A support zone ranging from 23.99 to 25.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.59 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 FCCY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FCCY is up. |
| ChartMill Relative Strength | 94.58 | POSITIVE | FCCY has a high relative strength, it outperformed 94.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FCCY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FCCY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FCCY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.83 | OVERBOUGHT | The high RSI value suggests FCCY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests FCCY has a positive trend. |
| Stochastics (14,3) | 89.21 | OVERBOUGHT | The high Stochastics value suggests FCCY may be overbought. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for FCCY 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)
27.79
+1.02 (+3.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg3.81%
1 Week8.89%
2 Weeks10.98%
1 Month15.35%
3 Month14.08%
6 Month34.8%
12 Month62.23%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.63
ATR(20)%2.52%
ATR Inc42.05%
Range Today1.16
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
CRS94.58
Mansfield2.06
10 Day High27.93
10 Day Low25.21
20 Day High27.93
20 Day Low23.42
52 Week High27.93
52 Week Low14.65
CS1 End25.31
CR1 StartN/A
Volume & EV
DER(3)0.02%
DER(5)1.61%
Volume608.60K
Volume Incr1425.91%
Vol(5)140.46K
Vol(50)22.41K