FIRST BANCORP INC/ME (FNLC) Stock Technical Analysis
NASDAQ:FNLC - Nasdaq - US31866P1021 - Common Stock - Currency: USD
Taking everything into account, FNLC scores 7 out of 10 in our technical rating. FNLC has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
FNLC is one of the lesser performing stocks in the Banks industry. 78% of 395 stocks in the same industry do better.
Warning: FNLC has an average volume of 16422 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.
In the last month FNLC has a been trading in the 23.41 - 26.51 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.
When compared to the yearly performance of all other stocks, FNLC outperforms 52% of them, which is more or less in line with the market.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although FNLC 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
22.37
29.71
When analyzing the support we can see 4 important areas.
- A support zone ranging from 26.32 to 26.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 24.51 to 25.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.67 from a horizontal 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.
We found 1 important resistance area.
- Resistance @29.42 from a horizontal line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for FNLC is up. |
| ChartMill Relative Strength | 52.25 | NEUTRAL | FNLC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FNLC is above 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) | 71.34 | OVERBOUGHT | The high RSI value suggests FNLC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests FNLC has a positive trend. |
| Stochastics (14,3) | 89.88 | OVERBOUGHT | The high Stochastics value suggests FNLC may be overbought. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for FNLC suggests some volalility. |
| Average Directional Index/ADX (14) | 23.73 | 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)
NASDAQ:FNLC (7/3/2025, 10:12:28 AM)
26.93
+0.53 (+2.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.01%
1 Week6.88%
2 Weeks12.39%
1 Month8.37%
3 Month8.02%
6 Month-2.62%
12 Month12.82%
2 Year0.04%
3 Year-12.6%
5 Year31.08%
10 Year38.87%
15 Year88.57%
Volatility
ATR(14)0.65
ATR(20)%2.28%
ATR Inc41.75%
Range Today0.43
ADR(20)0.57
ADR(20)%2.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.25
Mansfield-0.56
10 Day High26.51
10 Day Low23.47
20 Day High26.51
20 Day Low23.41
52 Week High31.05
52 Week Low22.11
CS1 End25.32
CR1 Start25.36
Volume & EV
DER(3)-3.68%
DER(5)-1.59%
Volume2.45K
Volume Incr91.84%
Vol(5)28.68K
Vol(50)16.42K