FIRST CITIZENS BCSHS -CL A (FCNCA) Stock Technical Analysis
NASDAQ:FCNCA - Nasdaq - US31946M1036 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to FCNCA. In the last year, FCNCA was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long and short term trends are both positive. This is looking good!
In the last month FCNCA has a been trading in the 1787.03 - 2158.22 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that FCNCA is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
FCNCA is part of the Banks industry. There are 397 other stocks in this industry, FCNCA did better than 67% of them.
FCNCA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FCNCA is lagging the market.
Although FCNCA has an excellent technical rating, it does not present a decent entry opportunity 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
1,603.37
2,173.54
We found 4 important support areas.
- A support zone ranging from 1890.77 to 1931.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1808.50 to 1818.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1778.04 from a horizontal line in the daily time frame.
- Support @1619.57 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @2152.02 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 FCNCA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FCNCA is up. |
| ChartMill Relative Strength | 81.79 | POSITIVE | FCNCA has a high relative strength, it outperformed 81.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FCNCA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FCNCA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FCNCA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.66 | OVERBOUGHT | The high RSI value suggests FCNCA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 16.43 | POSITIVE | The MACD value suggests FCNCA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.17 | OVERBOUGHT | The high Stochastics value suggests FCNCA may be overbought. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for FCNCA suggests some volalility. |
| Average Directional Index/ADX (14) | 26.49 | POSITIVE | The high ADX value value for FCNCA suggests a strong 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)
2117.62
-14.07 (-0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.66%
1 Week1.38%
2 Weeks8.04%
1 Month13.18%
3 Month27.76%
6 Month2.61%
12 Month21.08%
2 Year47.95%
3 Year179.86%
5 Year397.25%
10 Year726.1%
15 Year1020.37%
Volatility
ATR(14)48.84
ATR(20)%2.15%
ATR Inc42.88%
Range Today67.86
ADR(20)43.24
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.79
Mansfield-0.12
10 Day High2158.22
10 Day Low1945.42
20 Day High2158.22
20 Day Low1787.03
52 Week High2412.93
52 Week Low1473.62
CS1 End1931.62
CR1 Start2152.02
Volume & EV
DER(3)-0.33%
DER(5)0.66%
Volume78.30K
Volume Incr-8.34%
Vol(5)76.54K
Vol(50)82.38K