FNCB BANCORP INC (FNCB) Stock Technical Analysis
NASDAQ:FNCB - US3025781093 - Common Stock
6.75 USD
+0.34 (+5.3%)
We assign a technical rating of 7 out of 10 to FNCB. In the last year, FNCB was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Warning: FNCB has an average volume of 22504 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
FNCB is part of the Banks industry. There are 395 other stocks in this industry. FNCB outperforms 74% of them.
FNCB 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 FNCB is lagging the market slightly.
In the last month FNCB has a been trading in the 5.51 - 6.82 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, FNCB did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although FNCB has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
5.44
7.08
When analyzing the support we can see 3 important areas.
- A support zone ranging from 5.94 to 5.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.65 to 5.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 5.49 to 5.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.01 to 7.01. 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 | NEUTRAL | NEUTRAL | The long term trend for FNCB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FNCB is up. |
| ChartMill Relative Strength | 78.27 | POSITIVE | FNCB has a high relative strength, it outperformed 78.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FNCB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FNCB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FNCB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.5 | OVERBOUGHT | The high RSI value suggests FNCB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests FNCB has a positive trend. |
| Stochastics (14,3) | 78.34 | NEUTRAL | The Stochastics value for FNCB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.51 | MEDIUM VOLATILITY | The ATR as a percentage value for FNCB suggests some volalility. |
| Average Directional Index/ADX (14) | 35.37 | POSITIVE | The high ADX value value for FNCB suggests a strong 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)
NASDAQ:FNCB (6/28/2024, 8:00:47 PM)
6.75
+0.34 (+5.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg5.3%
1 Week13.07%
2 Weeks21.24%
1 Month18.63%
3 Month11.2%
6 Month-0.59%
12 Month13.07%
2 Year-15.62%
3 Year-7.15%
5 Year-12.79%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%3.51%
ATR Inc72.08%
Range Today0.47
ADR(20)0.23
ADR(20)%3.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.27
Mansfield-0.27
10 Day High6.82
10 Day Low5.56
20 Day High6.82
20 Day Low5.51
52 Week High7.15
52 Week Low5.17
CS1 End5.94
CR1 Start7.01
Volume & EV
DER(3)2.67%
DER(5)10.5%
Volume82.50K
Volume Incr102.56%
Vol(5)41.22K
Vol(50)22.50K