FIRST CITIZENS BCSHS -CL A (FCNCA) Stock Technical Analysis
NASDAQ:FCNCA - Nasdaq - US31946M1036 - Common Stock - Currency: USD
Overall FCNCA gets a technical rating of 2 out of 10. FCNCA 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
FCNCA is part of the Banks industry. There are 396 other stocks in this industry, of which 68% are performing better than FCNCA.
In the last month FCNCA has a been trading in the 1786.20 - 1981.56 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the performance of all stocks over the past year, FCNCA turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
FCNCA 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 FCNCA is lagging the market slightly.
Although the technical rating is bad, FCNCA does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1,546.06
2,173.54
We found 2 important support areas.
- Support @1602.30 from a trend line in the weekly time frame.
- A support zone ranging from 1561.68 to 1571.20. 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 1835.65 to 1872.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1905.64 to 1917.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1953.59 to 1966.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2002.91 from a trend line in the daily time frame.
- 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 | 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 | 56.44 | NEUTRAL | FCNCA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FCNCA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FCNCA is above 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) | 48.01 | NEUTRAL | The RSI value for FCNCA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -10.46 | NEGATIVE | The MACD value suggests FCNCA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.06 | OVERSOLD | The low Stochastics value suggests FCNCA may be oversold. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for FCNCA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.49 | NEGATIVE | The low ADX value for FCNCA suggests a weak or negative 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)
1828.49
-14.37 (-0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.78%
1 Week-0.29%
2 Weeks-4.68%
1 Month2.84%
3 Month-2.2%
6 Month-16.76%
12 Month8.27%
2 Year42.47%
3 Year179.68%
5 Year351.46%
10 Year595.14%
15 Year850.71%
Volatility
ATR(14)37.24
ATR(20)%2.29%
ATR Inc13.19%
Range Today25.65
ADR(20)35.08
ADR(20)%1.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.44
Mansfield-1.03
10 Day High1900
10 Day Low1789.64
20 Day High1981.56
20 Day Low1786.2
52 Week High2412.93
52 Week Low1473.62
CS1 End1602.3
CR1 Start1835.65
Volume & EV
DER(3)-0.53%
DER(5)-0.5%
Volume54.90K
Volume Incr25.04%
Vol(5)98.42K
Vol(50)97.07K