FIRST COMMONWEALTH FINL CORP (FCF) Technical Analysis
NYSE:FCF • US3198291078
We assign a technical rating of 1 out of 10 to FCF. FCF has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- FCF is one of the lesser performing stocks in the Banks industry. 62% of 381 stocks in the same industry do better.
- In the last month FCF has a been trading in the 16.38 - 18.65 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, FCF outperforms 46% of them, which is more or less in line with the market.
- FCF 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 FCF is lagging the market slightly.
The technical rating of FCF 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
15.14
We found 2 important support areas.
- A support zone ranging from 16.05 to 16.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 15.29 to 15.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 17.74 to 17.86. 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 18.83 to 18.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.21 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for FCF is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FCF is down. |
| ChartMill Relative Strength | 46.57 | NEUTRAL | FCF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FCF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FCF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FCF is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.52 | NEUTRAL | The RSI value for FCF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests FCF has a negative trend. |
| Stochastics (14,3) | 23.61 | NEUTRAL | The Stochastics value for FCF is a neutral value. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for FCF suggests some volalility. |
| Average Directional Index/ADX (14) | 24.22 | NEUTRAL | The ADX value for FCF suggests a possible start of a new trend. |
FCF Technicals: Chart, Performance Metrics, Trend & Indicators
16.8
+0.07 (+0.42%)
FIRST COMMONWEALTH FINL CORP / FCF FAQ
Can you provide the ChartMill technical rating for FIRST COMMONWEALTH FINL CORP?
ChartMill assigns a technical rating of 1 / 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 Bearish.
What is the RSI signal for FIRST COMMONWEALTH FINL CORP (FCF) stock?
FIRST COMMONWEALTH FINL CORP (FCF) has an RSI value of 31.5192. 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 negative.
Can you provide the support and resistance levels for FIRST COMMONWEALTH FINL CORP?
FIRST COMMONWEALTH FINL CORP (FCF) has a support level at 16.06 and a resistance level at 17.74. Check the full technical report for our detailed analysis of FCF support and resistance levels.