We assign a technical rating of 6 out of 10 to FRBA. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FRBA is only an average performer.
FRBA has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 16.28, a Stop Loss order could be placed below this zone.
More info and screens
14.49
We found 4 important support areas.
- A support zone ranging from 16.02 to 16.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.46 to 15.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 15.00 to 15.05. 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.
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 FRBA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FRBA is neutral. |
| ChartMill Relative Strength | 75.63 | POSITIVE | FRBA has a high relative strength, it outperformed 75.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FRBA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FRBA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FRBA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.92 | NEUTRAL | The RSI value for FRBA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests FRBA has a negative trend. |
| Stochastics (14,3) | 21.36 | NEUTRAL | The Stochastics value for FRBA is a neutral value. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for FRBA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.51 | NEUTRAL | The ADX value for FRBA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.60 | 16.04 | 0.56 (3.39%) | 25.00% |
| An entry @16.60. This is a Buy Stop order right above the 10 day moving average. | An exit @16.04. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.56 points, which is 3.39%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.85%. |
- The distance between exit and entry is rather small compared to the average daily movement of FRBA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
16.33
-0.15 (-0.91%)
FIRST BANK/HAMILTON NJ / FRBA FAQ
What is the ChartMill technical rating of FIRST BANK/HAMILTON NJ (FRBA) stock?
ChartMill assigns a technical rating of 6 / 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 Bullish.
What is the RSI signal for FRBA stock?
FIRST BANK/HAMILTON NJ (FRBA) has an RSI value of 45.9191. 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 -0.135345, indicating a bearish trend.