FIRST REPUBLIC BANK/CA (FRC) Stock Technical Analysis
NYSE:FRC - New York Stock Exchange, Inc. - US33616C1009 - Common Stock - Currency: USD
Overall FRC gets a technical rating of 0 out of 10. FRC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than FRC.
FRC is part of the Banks industry. There are 394 other stocks in this industry, of which 96% are performing better than FRC.
FRC is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month FRC has a been trading in the 2.98 - 16.36 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
FRC has an average volume of 58213800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of FRC is bad and it also does not present a 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.
More info and screens
3.47
3.79
When analyzing the resistance we notice one important area.
- Resistance @3.75 from a trend 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 | DOWN | NEGATIVE | The long term trend for FRC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FRC is down. |
| ChartMill Relative Strength | 0.08 | NEGATIVE | FRC has a low relative strength, it was outperformed by 99.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FRC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FRC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FRC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 19.6 | OVERSOLD | The low RSI value suggests FRC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.92 | POSITIVE | The MACD value suggests FRC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 8.09 | OVERSOLD | The low Stochastics value suggests FRC may be oversold. |
| Average True Range in percent/ATR (20) | 44.58 | HIGH VOLATILITY | The high ATR as a percentage value for FRC suggests high volalility. |
| Average Directional Index/ADX (14) | 62.55 | POSITIVE | The high ADX value value for FRC suggests a strong 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)
3.51
-2.68 (-43.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-43.3%
1 Week-75.39%
2 Weeks-73.25%
1 Month-74.36%
3 Month-97.51%
6 Month-97.08%
12 Month-97.65%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.85
ATR(20)%44.58%
ATR Inc50.8%
Range Today3.62
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.08
Mansfield-9.72
10 Day High16.36
10 Day Low2.99
20 Day High16.36
20 Day Low2.99
52 Week High171.09
52 Week Low2.99
CS1 EndN/A
CR1 Start3.75
Volume & EV
DER(3)-4.79%
DER(5)-4.01%
Volume176.85M
Volume Incr296%
Vol(5)146.74M
Vol(50)58.21M