FIRST BANCORP INC/ME (FNLC) Technical Analysis
NASDAQ:FNLC • US31866P1021
Current stock price
FNLC Technical Rating and Analysis
Overall FNLC gets a technical rating of 4 out of 10. FNLC has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- FNLC is one of the lesser performing stocks in the Banks industry. 63% of 380 stocks in the same industry do better.
- Warning: FNLC has an average volume of 19506 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- FNLC 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 FNLC is performing more or less in line with the market.
- In the last month FNLC has a been trading in the 26.86 - 28.67 range, which is quite wide. It is currently trading near the high of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, FNLC outperforms 60% of them, which is more or less in line with the market.
FNLC Weekly and Daily overview Charts
FNLC Setup Rating and Analysis
FNLC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 28.03, a Stop Loss order could be placed below this zone.
More info and screens
FNLC Support and Resistance Analysis
22.48
5 important support areas can be observed.
- A support zone ranging from 27.54 to 28.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.49 to 27.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @25.38 from a trend line in the weekly time frame.
- Support @24.78 from a horizontal line in the daily time frame.
- Support @22.71 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @29.42 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 30.01 to 30.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
FNLC 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 FNLC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FNLC is neutral. |
| ChartMill Relative Strength | 60.85 | NEUTRAL | FNLC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FNLC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FNLC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FNLC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.89 | NEUTRAL | The RSI value for FNLC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests FNLC has a positive trend. |
| Stochastics (14,3) | 75.83 | NEUTRAL | The Stochastics value for FNLC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for FNLC suggests some volalility. |
| Average Directional Index/ADX (14) | 15.49 | NEGATIVE | The low ADX value for FNLC suggests a weak or negative trend. |
FNLC Chart- and CandleStick Pattern Analysis
FNLC Technicals: Chart, Performance Metrics, Trend & Indicators
28.6
+0.31 (+1.1%)
FIRST BANCORP INC/ME / FNLC TA FAQ
What is the ChartMill technical rating of FIRST BANCORP INC/ME (FNLC) stock?
ChartMill assigns a technical rating of 4 / 10 to FNLC.
Can you provide the trend direction for FIRST BANCORP INC/ME?
The current trend direction for FIRST BANCORP INC/ME (FNLC) is Bearish.
What is the RSI signal for FIRST BANCORP INC/ME (FNLC) stock?
FIRST BANCORP INC/ME (FNLC) has an RSI value of 54.8922. This indicates that the stock is currently neutral.
What is the MACD signal for FNLC stock?
The MACD indicator for FIRST BANCORP INC/ME (FNLC) has a value of 0.0999504, indicating a bearish trend.
Can you provide the support and resistance levels for FIRST BANCORP INC/ME?
FIRST BANCORP INC/ME (FNLC) has a support level at 28.03 and a resistance level at 29.42. Check the full technical report for our detailed analysis of FNLC support and resistance levels.