FIRST CITIZENS BCSHS -CL A (FCNCA) Stock Technical Analysis
USA - NASDAQ:FCNCA - US31946M1036 - Common Stock
We assign a technical rating of 1 out of 10 to FCNCA. FCNCA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, FCNCA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1824.83. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1801.34, a Stop Loss order could be placed below this zone.
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1,631.53
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1798.09 to 1801.34. 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 1648.01 to 1660.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 1824.83 to 1833.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2015.59 from a trend line in the weekly time frame.
- Resistance @2101.58 from a trend line in the daily time frame.
- Resistance @2165.51 from a horizontal line in the daily time frame.
- Resistance @2218.40 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 | DOWN | NEGATIVE | The long term trend for FCNCA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FCNCA is neutral. |
| ChartMill Relative Strength | 24.09 | NEGATIVE | FCNCA has a low relative strength, it was outperformed by 75.91% 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) | DOWN | NEGATIVE | The current price of FCNCA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FCNCA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.4 | NEUTRAL | The RSI value for FCNCA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 10.93 | POSITIVE | The MACD value suggests FCNCA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.27 | NEUTRAL | The Stochastics value for FCNCA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for FCNCA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.57 | NEUTRAL | The ADX value for FCNCA suggests a possible start of a new trend. |
1818.84
+18.63 (+1.03%)
FIRST CITIZENS BCSHS -CL A / FCNCA FAQ
What is the ChartMill technical rating of FIRST CITIZENS BCSHS -CL A (FCNCA) stock?
ChartMill assigns a technical rating of 1 / 10 to FCNCA.
What is the trend direction for FCNCA stock?
The current trend direction for FIRST CITIZENS BCSHS -CL A (FCNCA) is Bearish.
Can you provide the RSI signal for FIRST CITIZENS BCSHS -CL A?
FIRST CITIZENS BCSHS -CL A (FCNCA) has an RSI value of 54.4034. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FIRST CITIZENS BCSHS -CL A?
The MACD indicator for FIRST CITIZENS BCSHS -CL A (FCNCA) has a value of 10.9316, indicating a bullish trend.