NASDAQ:FNLC • US31866P1021
We assign a technical rating of 7 out of 10 to FNLC. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FNLC is only an average performer.
Although FNLC has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
22.09
When analyzing the support we can see 4 important areas.
2 important resistance areas can be observed.
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 FNLC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FNLC is neutral. |
| ChartMill Relative Strength | 59.36 | NEUTRAL | FNLC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FNLC is below the rising 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) | 44.85 | NEUTRAL | The RSI value for FNLC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests FNLC has a negative trend. |
| Stochastics (14,3) | 32.78 | NEUTRAL | The Stochastics value for FNLC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for FNLC suggests some volalility. |
| Average Directional Index/ADX (14) | 22.22 | NEUTRAL | The ADX value for FNLC suggests a possible start of a new trend. |
27.68
-1.11 (-3.86%)
ChartMill assigns a technical rating of 7 / 10 to FNLC.
The current trend direction for FIRST BANCORP INC/ME (FNLC) is Bullish.
FIRST BANCORP INC/ME (FNLC) has an RSI value of 44.8499. This indicates that the stock is currently neutral.
The MACD indicator for FIRST BANCORP INC/ME (FNLC) has a value of -0.161435, indicating a bearish trend.
The short term momentum for FIRST BANCORP INC/ME (FNLC) is neutral.