FIRST BANK/HAMILTON NJ (FRBA) Technical Analysis
NASDAQ:FRBA • US31931U1025
Current stock price
FRBA Technical Rating and Analysis
Overall FRBA gets a technical rating of 2 out of 10. FRBA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- FRBA is one of the lesser performing stocks in the Banks industry. 69% of 380 stocks in the same industry do better.
- FRBA is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the performance of all stocks over the past year, FRBA turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
- FRBA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FRBA is lagging the market slightly.
FRBA Weekly and Daily overview Charts
FRBA Setup Rating and Analysis
Although the technical rating is bad, FRBA does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 15.09, a Stop Loss order could be placed below this zone.
More info and screens
FRBA Support and Resistance Analysis
14.08
When analyzing the support we can see 3 important areas.
- A support zone ranging from 15.04 to 15.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.64 from a horizontal line in the daily time frame.
- Support @14.22 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @16.98 from a trend line in the daily time frame.
- Resistance @17.48 from a horizontal line in the daily time frame.
FRBA 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 FRBA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FRBA is neutral. |
| ChartMill Relative Strength | 50 | NEUTRAL | FRBA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FRBA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FRBA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FRBA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.54 | NEUTRAL | The RSI value for FRBA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests FRBA has a positive trend. |
| Stochastics (14,3) | 55.15 | NEUTRAL | The Stochastics value for FRBA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.63 | MEDIUM VOLATILITY | The ATR as a percentage value for FRBA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.32 | NEGATIVE | The low ADX value for FRBA suggests a weak or negative trend. |
FRBA Chart- and CandleStick Pattern Analysis
FRBA Technicals: Chart, Performance Metrics, Trend & Indicators
15.86
0 (0%)
FIRST BANK/HAMILTON NJ / FRBA TA FAQ
What is the ChartMill technical rating of FIRST BANK/HAMILTON NJ (FRBA) stock?
ChartMill assigns a technical rating of 2 / 10 to FRBA.
What is the current trend direction of FIRST BANK/HAMILTON NJ (FRBA) stock?
The current trend direction for FIRST BANK/HAMILTON NJ (FRBA) is Bearish.
What is the RSI signal for FRBA stock?
FIRST BANK/HAMILTON NJ (FRBA) has an RSI value of 49.5414. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FIRST BANK/HAMILTON NJ?
The MACD indicator for FIRST BANK/HAMILTON NJ (FRBA) has a value of 0.0759116, indicating a bearish trend.