FIRST COMMONWEALTH FINL CORP (FCF) Stock Technical Analysis
NYSE:FCF • US3198291078
Taking everything into account, FCF scores 8 out of 10 in our technical rating. Although FCF is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- FCF 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 FCF is lagging the market slightly.
- When comparing the performance of all stocks over the past year, FCF turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
- FCF is an average performer in the Banks industry, it outperforms 48% of 381 stocks in the same industry.
- In the last month FCF has a been trading in the 17.31 - 19.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, FCF 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 support zone below the current price at 18.23, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FCF in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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4 important support areas can be observed.
- A support zone ranging from 18.18 to 18.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 16.77 to 16.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 15.94 to 16.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 15.30 to 15.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.83 to 18.89. 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 FCF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FCF is up. |
| ChartMill Relative Strength | 68.2 | NEUTRAL | FCF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FCF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FCF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FCF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.56 | NEUTRAL | The RSI value for FCF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests FCF has a negative trend. |
| Stochastics (14,3) | 46 | NEUTRAL | The Stochastics value for FCF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for FCF suggests some volalility. |
| Average Directional Index/ADX (14) | 25.26 | POSITIVE | The high ADX value value for FCF suggests a strong trend. |
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 |
|---|---|---|---|
| 18.90 | 18.17 | 0.73 (3.86%) | 25.00% |
| An entry @18.90. This is a Buy Stop order right above the resistance zone. | An exit @18.17. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.73 points, which is 3.86%. | For a 0.97% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
18.27
+0.01 (+0.05%)
FIRST COMMONWEALTH FINL CORP / FCF FAQ
Can you provide the ChartMill technical rating for FIRST COMMONWEALTH FINL CORP?
ChartMill assigns a technical rating of 8 / 10 to FCF.
Can you provide the trend direction for FIRST COMMONWEALTH FINL CORP?
The current trend direction for FIRST COMMONWEALTH FINL CORP (FCF) is Bullish.
What is the RSI signal for FIRST COMMONWEALTH FINL CORP (FCF) stock?
FIRST COMMONWEALTH FINL CORP (FCF) has an RSI value of 55.555. This indicates that the stock is currently neutral.
What is the short term momentum for FIRST COMMONWEALTH FINL CORP (FCF) stock?
The short term momentum for FIRST COMMONWEALTH FINL CORP (FCF) is positive.
Can you provide the support and resistance levels for FIRST COMMONWEALTH FINL CORP?
FIRST COMMONWEALTH FINL CORP (FCF) has a support level at 18.23 and a resistance level at 18.83. Check the full technical report for our detailed analysis of FCF support and resistance levels.