Overall FGBI gets a technical rating of 1 out of 10. FGBI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
FGBI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.14. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for FGBI in the last couple of days, which is a good sign.
5.00
When analyzing the resistance we notice 4 important areas.
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 FGBI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FGBI is down. |
| ChartMill Relative Strength | 5.85 | NEGATIVE | FGBI has a low relative strength, it was outperformed by 94.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FGBI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FGBI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FGBI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.27 | NEUTRAL | The RSI value for FGBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests FGBI has a positive trend. |
| Stochastics (14,3) | 81.56 | OVERBOUGHT | The high Stochastics value suggests FGBI may be overbought. |
| Average True Range in percent/ATR (20) | 5.25 | HIGH VOLATILITY | The high ATR as a percentage value for FGBI suggests high volalility. |
| Average Directional Index/ADX (14) | 26.48 | POSITIVE | The high ADX value value for FGBI suggests a strong trend. |
5.05
-0.08 (-1.56%)
ChartMill assigns a technical rating of 1 / 10 to FGBI.
The current trend direction for FIRST GUARANTY BANCSHARES IN (FGBI) is Bearish.
FIRST GUARANTY BANCSHARES IN (FGBI) has an RSI value of 47.2745. This indicates that the stock is currently neutral.
The MACD indicator for FIRST GUARANTY BANCSHARES IN (FGBI) has a value of 0.138629, indicating a bearish trend.
FIRST GUARANTY BANCSHARES IN (FGBI) has a resistance level at 5.14. Check the full technical report for our detailed analysis of FGBI support and resistance levels.