FIRST BANCORP INC/ME (FNLC) Stock Technical Analysis
NASDAQ:FNLC - Nasdaq - US31866P1021 - Common Stock - Currency: USD
Taking everything into account, FNLC scores 3 out of 10 in our technical rating. 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.
In the last month FNLC has a been trading in the 24.50 - 27.40 range, which is quite wide. It is currently trading near the lows of this range.
Warning: FNLC has an average volume of 22118 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, FNLC turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
FNLC is an average performer in the Banks industry, it outperforms 45% of 392 stocks in the same industry.
FNLC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FNLC is lagging the market.
FNLC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 24.90, a Stop Loss order could be placed below this zone.
More info and screens
22.37
27.59
When analyzing the support we can see 3 important areas.
- A support zone ranging from 24.88 to 24.90. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @24.15 from a trend line in the daily time frame.
- A support zone ranging from 22.60 to 22.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 25.18 to 25.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.78 to 25.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 26.70 to 27.32. 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 FNLC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FNLC is down. |
| ChartMill Relative Strength | 49.15 | NEUTRAL | FNLC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FNLC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FNLC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FNLC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.3 | NEUTRAL | The RSI value for FNLC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests FNLC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.46 | NEUTRAL | The Stochastics value for FNLC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for FNLC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.46 | NEUTRAL | The ADX value for FNLC 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)
25.16
+0.1 (+0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.4%
1 Week-0.59%
2 Weeks-5.77%
1 Month-2.2%
3 Month2.82%
6 Month-2.63%
12 Month5.01%
2 Year2.19%
3 Year-13.24%
5 Year18.23%
10 Year35.63%
15 Year90.61%
Volatility
ATR(14)0.68
ATR(20)%2.54%
ATR Inc-22.86%
Range Today0.64
ADR(20)0.61
ADR(20)%2.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.15
Mansfield-1.03
10 Day High26.37
10 Day Low24.5
20 Day High27.4
20 Day Low24.5
52 Week High31.05
52 Week Low22.11
CS1 End24.9
CR1 Start25.18
Volume & EV
DER(3)-1.38%
DER(5)-1.78%
Volume14.40K
Volume Incr-39.48%
Vol(5)17.62K
Vol(50)22.12K