FNB CORP (FNB) Stock Technical Analysis
NYSE:FNB • US3025201019
We assign a technical rating of 4 out of 10 to FNB. FNB has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month FNB has a been trading in the 16.74 - 19.14 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 long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- FNB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FNB is lagging the market slightly.
- FNB has an average volume of 6323390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, FNB turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
- FNB is part of the Banks industry. There are 379 other stocks in this industry, FNB did better than 52% of them.
FNB has an average technical rating and it also does not offer a high 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
15.58
We found 4 important support areas.
- Support @16.98 from a horizontal line in the weekly time frame.
- Support @16.64 from a trend line in the weekly time frame.
- Support @16.00 from a horizontal line in the daily time frame.
- Support @15.74 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @17.10 from a horizontal line in the daily time frame.
- A resistance zone ranging from 17.46 to 18.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 FNB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FNB is neutral. |
| ChartMill Relative Strength | 61.64 | NEUTRAL | FNB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FNB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FNB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FNB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.59 | NEUTRAL | The RSI value for FNB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests FNB has a negative trend. |
| Stochastics (14,3) | 27.8 | NEUTRAL | The Stochastics value for FNB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for FNB suggests some volalility. |
| Average Directional Index/ADX (14) | 14.62 | NEGATIVE | The low ADX value for FNB suggests a weak or negative trend. |
16.99
-1.02 (-5.66%)
FNB CORP / FNB FAQ
What is the technical rating for FNB stock?
ChartMill assigns a technical rating of 4 / 10 to FNB.
Can you provide the trend direction for FNB CORP?
The current trend direction for FNB CORP (FNB) is Bullish.
What is the RSI signal for FNB CORP (FNB) stock?
FNB CORP (FNB) has an RSI value of 38.5915. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FNB CORP?
The short term momentum for FNB CORP (FNB) is neutral.
Can you provide the support and resistance levels for FNB CORP?
FNB CORP (FNB) has a support level at 16.98 and a resistance level at 17.1. Check the full technical report for our detailed analysis of FNB support and resistance levels.