FIRSTSUN CAPITAL BANCORP (FSUN) Stock Technical Analysis
NASDAQ:FSUN - US33767U1079 - Common Stock
38.49 USD
+0.82 (+2.18%)
38.49 USD
0 (0%)
We assign a technical rating of 8 out of 10 to FSUN. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FSUN is only an average performer.
FSUN is part of the Banks industry. There are 391 other stocks in this industry, of which 76% are performing better than FSUN.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the performance of all stocks over the past year, FSUN turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
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 34.85 - 39.81 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, FSUN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 38.81. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 38.28, a Stop Loss order could be placed below this zone.
More info and screens
32.20
43.47
6 important support areas can be observed.
- A support zone ranging from 38.25 to 38.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 36.95 to 37.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.16 from a trend line in the daily time frame.
- Support @34.28 from a trend line in the weekly time frame.
- A support zone ranging from 33.13 to 33.33. 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.
When analyzing the resistance we notice 3 important areas.
- Resistance @38.81 from a horizontal line in the daily time frame.
- Resistance @39.67 from a horizontal line in the daily time frame.
- A resistance zone ranging from 42.89 to 43.04. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for FSUN is up. |
| ChartMill Relative Strength | 42.8 | 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) | UP | POSITIVE | The current price of FSUN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60 | NEUTRAL | The RSI value for FSUN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests FSUN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.41 | NEUTRAL | The Stochastics value for FSUN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for FSUN suggests some volalility. |
| Average Directional Index/ADX (14) | 11.67 | 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 |
|---|---|---|---|
| 38.82 | 38.24 | 0.58 (1.49%) | 25.00% |
| An entry @38.82. This is a Buy Stop order right above the resistance zone. | An exit @38.24. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.58 points, which is 1.49%. | For a 0.37% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of FSUN. 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.
38.49
+0.82 (+2.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.18%
1 Week-0.39%
2 Weeks1.45%
1 Month4.37%
3 Month15.34%
6 Month-0.49%
12 Month-9.67%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.41
ATR(20)%3.13%
ATR Inc-7.61%
Range Today0.81
ADR(20)1.2
ADR(20)%3.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.8
Mansfield-0.89
10 Day High39.82
10 Day Low36.3
20 Day High39.82
20 Day Low34.85
52 Week High45.32
52 Week Low31.7
CS1 End38.28
CR1 Start38.81
Volume & EV
DER(3)2.2%
DER(5)0.49%
Volume95.70K
Volume Incr-42.51%
Vol(5)97.91K
Vol(50)138.73K