FIRST NATIONAL CORP/VA (FXNC) Technical Analysis
NASDAQ:FXNC • US32106V1070
Current stock price
FXNC Technical Rating and Analysis
Overall FXNC gets a technical rating of 9 out of 10. Both in the recent history as in the last year, FXNC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that FXNC is one of the better performing stocks in the market, outperforming 78% of all stocks. On top of that, FXNC also shows a nice and consistent pattern of rising prices.
- FXNC is part of the Banks industry. There are 380 other stocks in this industry. FXNC outperforms 73% of them.
- FXNC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FXNC is performing more or less in line with the market.
- In the last month FXNC has a been trading in the 24.16 - 28.00 range, which is quite wide. It is currently trading near the high of this range.
FXNC Weekly and Daily overview Charts
FXNC Setup Rating and Analysis
Besides having an excellent technical rating, FXNC also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 26.83, a Stop Loss order could be placed below this zone.
More info and screens
FXNC Support and Resistance Analysis
21.38
We found 4 important support areas.
- A support zone ranging from 26.35 to 26.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.10 to 25.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.02 from a horizontal line in the daily time frame.
- Support @21.60 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 28.60 to 28.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
FXNC Technical Indicator Signal Analysis
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 FXNC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FXNC is up. |
| ChartMill Relative Strength | 78.71 | POSITIVE | FXNC has a high relative strength, it outperformed 78.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FXNC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FXNC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FXNC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.17 | NEUTRAL | The RSI value for FXNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests FXNC has a positive trend. |
| Stochastics (14,3) | 75.44 | NEUTRAL | The Stochastics value for FXNC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for FXNC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.73 | NEGATIVE | The low ADX value for FXNC suggests a weak or negative trend. |
FXNC Chart- and CandleStick Pattern Analysis
FXNC Example Setup
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 |
|---|---|---|---|
| 28.01 | 26.34 | 1.67 (5.96%) | 16.77% |
| An entry @28.01. This is a Buy Stop order right above the 10 day high. | An exit @26.34. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.67 points, which is 5.96%. | When investing 16.77% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
FXNC Technicals: Chart, Performance Metrics, Trend & Indicators
27.15
-0.01 (-0.04%)
FIRST NATIONAL CORP/VA / FXNC TA FAQ
What is the ChartMill technical rating of FIRST NATIONAL CORP/VA (FXNC) stock?
ChartMill assigns a technical rating of 9 / 10 to FXNC.
What is the current trend direction of FIRST NATIONAL CORP/VA (FXNC) stock?
The current trend direction for FIRST NATIONAL CORP/VA (FXNC) is Bullish.
What is the RSI signal for FXNC stock?
FIRST NATIONAL CORP/VA (FXNC) has an RSI value of 58.1667. This indicates that the stock is currently neutral.
What is the MACD signal for FIRST NATIONAL CORP/VA (FXNC) stock?
The MACD indicator for FIRST NATIONAL CORP/VA (FXNC) has a value of 0.122859, indicating a bearish trend.
What is the buy/sell signal for FXNC stock?
The buy/sell signal for FIRST NATIONAL CORP/VA (FXNC) is buy as both the short term and long term trends are positive.