NASDAQ:FVCB - US36120Q1013 - Common Stock
Taking everything into account, FVCB scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FVCB is only an average performer.
Besides having an excellent technical rating, FVCB also presents a decent setup pattern. Prices have been consolidating lately. 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 13.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.19, a Stop Loss order could be placed below this zone.
10.03
When analyzing the support we can see 3 important areas.
3 important resistance areas can be observed.
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 FVCB is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FVCB is up. |
ChartMill Relative Strength | 75.58 | POSITIVE | FVCB has a high relative strength, it outperformed 75.58% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FVCB is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FVCB is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FVCB is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 54.98 | NEUTRAL | The RSI value for FVCB is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FVCB has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 72.76 | NEUTRAL | The Stochastics value for FVCB is a neutral value. |
Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for FVCB suggests some volalility. |
Average Directional Index/ADX (14) | 22.69 | NEUTRAL | The ADX value for FVCB 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 |
---|---|---|---|
13.61 | 13.03 | 0.58 (4.26%) | 23.47% |
An entry @13.61. This is a Buy Stop order right above the resistance zone. | An exit @13.03. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.58 points, which is 4.26%. | For a 1.00% total portfolio risk, you can invest 23.47% of your capital in this trade. |
13.37
-0.16 (-1.18%)