FIRSTSUN CAPITAL BANCORP (FSUN) Stock Technical Analysis
USA - NASDAQ:FSUN - US33767U1079 - Common Stock
39.37 USD
+0.51 (+1.31%)
39.37 USD
0 (0%)
Taking everything into account, FSUN scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, FSUN is a bad performer.
67% of all other stocks performed better in the past year than FSUN.
FSUN is one of the lesser performing stocks in the Banks industry. 67% of 392 stocks in the same industry do better.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
FSUN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FSUN is lagging the market.
In the last month FSUN has a been trading in the 35.38 - 41.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, FSUN does present a nice setup opportunity. 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 a support zone below the current price at 38.82, a Stop Loss order could be placed below this zone.
More info and screens
32.20
43.32
When analyzing the support we can see 5 important areas.
- A support zone ranging from 37.56 to 38.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.95 from a horizontal line in the daily time frame.
- Support @35.69 from a trend line in the daily time frame.
- A support zone ranging from 34.34 to 34.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.53 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 39.39 to 40.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @42.89 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 | UP | POSITIVE | The long term trend for FSUN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FSUN is neutral. |
| ChartMill Relative Strength | 33.64 | NEUTRAL | FSUN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FSUN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FSUN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FSUN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.58 | NEUTRAL | The RSI value for FSUN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests FSUN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.2 | NEUTRAL | The Stochastics value for FSUN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.5 | MEDIUM VOLATILITY | The ATR as a percentage value for FSUN suggests some volalility. |
| Average Directional Index/ADX (14) | 14.56 | NEGATIVE | The low ADX value for FSUN suggests a weak or negative 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)
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 |
|---|---|---|---|
| 40.01 | 37.55 | 2.46 (6.15%) | 16.26% |
| An entry @40.01. This is a Buy Stop order right above the resistance zone. | An exit @37.55. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.46 points, which is 6.15%. | For a 1.00% total portfolio risk, you can invest 16.26% of your capital in this trade. |
- 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.
39.37
+0.51 (+1.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.31%
1 Week-1.55%
2 Weeks-0.76%
1 Month2.46%
3 Month4.46%
6 Month16.76%
12 Month-5.32%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.47
ATR(20)%3.5%
ATR Inc-47.02%
Range Today1.21
ADR(20)1.36
ADR(20)%3.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.64
Mansfield-0.72
10 Day High41.16
10 Day Low35.38
20 Day High41.16
20 Day Low35.38
52 Week High45.32
52 Week Low31.7
CS1 End38.82
CR1 Start39.39
Volume & EV
DER(3)2.66%
DER(5)2.95%
Volume75.40K
Volume Incr-31.25%
Vol(5)101.92K
Vol(50)148.58K