FNCB BANCORP INC (FNCB) Technical Analysis
NASDAQ:FNCB • US3025781093
Current stock price
FNCB Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to FNCB. FNCB has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- 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 short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- FNCB is one of the better performing stocks in the Banks industry, it outperforms 78% of 381 stocks in the same industry.
- FNCB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FNCB is performing more or less in line with the market.
- 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.
FNCB Weekly and Daily overview Charts
FNCB Setup Rating and Analysis
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
FNCB Support and Resistance Analysis
5.44
We found 3 important support 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.
FNCB Technical Indicator Signal Analysis
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. |
FNCB Chart- and CandleStick Pattern Analysis
FNCB Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:FNCB (6/28/2024, 8:00:47 PM)
6.75
+0.34 (+5.3%)
FNCB BANCORP INC / FNCB TA FAQ
Can you provide the ChartMill technical rating for FNCB BANCORP INC?
ChartMill assigns a technical rating of 7 / 10 to FNCB.
What is the trend direction for FNCB stock?
The current trend direction for FNCB BANCORP INC (FNCB) is Bearish.
Can you provide the RSI signal for FNCB BANCORP INC?
FNCB BANCORP INC (FNCB) has an RSI value of 76.4967. This indicates that the stock is currently overbought.
What is the short term momentum for FNCB stock?
The short term momentum for FNCB BANCORP INC (FNCB) is positive.
Can you provide the support and resistance levels for FNCB BANCORP INC?
FNCB BANCORP INC (FNCB) has a support level at 5.94 and a resistance level at 7.01. Check the full technical report for our detailed analysis of FNCB support and resistance levels.