FNB BANCORP CALIF (FNBG) Stock Technical Analysis
NASDAQ:FNBG - Nasdaq - US3025151016
Taking everything into account, FNBG scores 8 out of 10 in our technical rating. In the last year, FNBG was one of the better performers, but we do observe some doubts in the very recent evolution.
Besides having an excellent technical rating, FNBG also presents a decent setup pattern. 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 38.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.75, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FNBG 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.
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32.49
When analyzing the support we can see 3 important areas.
- A support zone ranging from 36.69 to 37.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.99 to 35.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.82 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 38.99 to 39.29. This zone is formed by a combination of multiple trend lines 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 FNBG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FNBG is neutral. |
| ChartMill Relative Strength | 83.52 | POSITIVE | FNBG has a high relative strength, it outperformed 83.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FNBG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FNBG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FNBG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.01 | NEUTRAL | The RSI value for FNBG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests FNBG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.5 | NEUTRAL | The Stochastics value for FNBG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for FNBG suggests low volalility. |
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 |
|---|---|---|---|
| 39.51 | 36.68 | 2.83 (7.16%) | 13.96% |
| An entry @39.51. This is a Buy Stop order right above the 10 day high. | An exit @36.68. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.83 points, which is 7.16%. | When investing 13.96% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
37.82
+0.35 (+0.93%)