FNB CORP (FNB) Stock Technical Analysis
NYSE:FNB - New York Stock Exchange, Inc. - US3025201019 - Common Stock - Currency: USD
Taking everything into account, FNB scores 6 out of 10 in our technical rating. FNB has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
FNB is part of the Banks industry. There are 395 other stocks in this industry, of which 81% are performing better than FNB.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
FNB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
FNB has an average volume of 2974890 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 41% of all stocks.
FNB 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 FNB is lagging the market slightly.
Although the technical rating is only medium, FNB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 13.99, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FNB in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
11.47
14.99
2 important support areas can be observed.
- A support zone ranging from 13.75 to 13.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.59 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 14.06 to 14.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.84 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 | NEUTRAL | NEUTRAL | The long term trend for FNB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FNB is up. |
| ChartMill Relative Strength | 41.62 | NEUTRAL | FNB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FNB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FNB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FNB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.27 | NEUTRAL | The RSI value for FNB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests FNB has a negative trend. |
| Stochastics (14,3) | 48.96 | NEUTRAL | The Stochastics value for FNB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for FNB suggests some volalility. |
| Average Directional Index/ADX (14) | 24.84 | NEUTRAL | The ADX value for FNB suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 14.14 | 13.74 | 0.40 (2.80%) | 25.00% |
| An entry @14.14. This is a Buy Stop order right above the 10 day moving average. | An exit @13.74. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.40 points, which is 2.80%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.70%. |
- The distance between exit and entry is rather small compared to the average daily movement of FNB. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
14.02
+0.1 (+0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.72%
1 Week1.45%
2 Weeks-3.51%
1 Month7.1%
3 Month-5.53%
6 Month-18.25%
12 Month1.82%
2 Year27.57%
3 Year15.39%
5 Year89.2%
10 Year3.93%
15 Year71.18%
Volatility
ATR(14)0.32
ATR(20)%2.39%
ATR Inc-32.16%
Range Today0.17
ADR(20)0.28
ADR(20)%2.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.62
Mansfield-0.57
10 Day High14.55
10 Day Low13.52
20 Day High14.59
20 Day Low12.97
52 Week High17.7
52 Week Low10.88
CS1 End13.99
CR1 Start14.06
Volume & EV
DER(3)3.52%
DER(5)1.31%
Volume1.84M
Volume Incr-6.57%
Vol(5)2.10M
Vol(50)2.97M