FIRST COMMONWEALTH FINANCIAL - 15 min. - Technical analysis published on 07/18/2024 (GMT)
- 136
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 16.44 USD
My targets
16.87 USD (+1.40%)
17.11 USD (+2.81%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on FIRST COMMONWEALTH FINANCIAL as long as the price remains well above 16.44 USD. The buyers' bullish objective is set at 16.87 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 17.11 USD. If there is any crossing, the next objective would be the resistance located at 17.54 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by jarias81197. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The FIRST COMMONWEALTH FINANCIAL rating is 16.64 USD. The price registered an increase of +2.65% on the session with the lowest point at 16.00 USD and the highest point at 16.67 USD. The deviation from the price is +4.00% for the low point and -0.18% for the high point.16.00
16.67
16.64
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by FIRST COMMONWEALTH FINANCIAL:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of FIRST COMMONWEALTH FINANCIAL in 15 min. shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 12 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 15.50 | 15.74 | 16.20 | 16.64 |
| Change (%) | -6.85% | -5.41% | -2.64% | - |
| Change | -1.14 | -0.90 | -0.44 | - |
| Level | Intermediate | Minor | Intermediate | - |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 15.53 | 15.77 | 16.20 | 16.44 | 16.87 | 17.11 | 17.54 |
| Camarilla | 16.46 | 16.52 | 16.58 | 16.64 | 16.70 | 16.76 | 16.82 |
| Woodie | 15.64 | 15.82 | 16.31 | 16.49 | 16.98 | 17.16 | 17.65 |
| Fibonacci | 15.77 | 16.02 | 16.18 | 16.44 | 16.69 | 16.85 | 17.11 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 12.59 | 13.14 | 14.10 | 14.65 | 15.61 | 16.16 | 17.12 |
| Camarilla | 14.64 | 14.77 | 14.91 | 15.05 | 15.19 | 15.33 | 15.47 |
| Woodie | 12.79 | 13.24 | 14.30 | 14.75 | 15.81 | 16.26 | 17.32 |
| Fibonacci | 13.14 | 13.72 | 14.08 | 14.65 | 15.23 | 15.59 | 16.16 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 11.67 | 12.19 | 13.00 | 13.52 | 14.33 | 14.85 | 15.66 |
| Camarilla | 13.44 | 13.57 | 13.69 | 13.81 | 13.93 | 14.05 | 14.18 |
| Woodie | 11.82 | 12.26 | 13.15 | 13.59 | 14.48 | 14.92 | 15.81 |
| Fibonacci | 12.19 | 12.70 | 13.01 | 13.52 | 14.03 | 14.34 | 14.85 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 67.87 | |
| MACD (12,26,9): | 0.1300 | |
| Directional Movement: | 5.85 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 16.54 | |
| Parabolic SAR (0,02-0,02-0,2): | 16.23 | |
| Elder Ray (13): | 0.09 | |
| Super Trend (3,10): | 16.21 | |
| Zig ZAG (10): | 16.51 | |
| VORTEX (21): | 1.1500 | |
| Stochastique (14,3,5): | 94.25 | |
| TEMA (21): | 16.56 | |
| Williams %R (14): | 0.00 | |
| Chande Momentum Oscillator (20): | 0.23 | |
| Repulse (5,40,3): | 0.5800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1100 | |
| Courbe Coppock: | 2.83 |
| MA7: | 15.27 | |
| MA20: | 14.14 | |
| MA50: | 13.77 | |
| MA100: | 13.46 | |
| MAexp7: | 16.54 | |
| MAexp20: | 16.36 | |
| MAexp50: | 16.08 | |
| MAexp100: | 15.70 | |
| Price / MA7: | +8.97% | |
| Price / MA20: | +17.68% | |
| Price / MA50: | +20.84% | |
| Price / MA100: | +23.63% | |
| Price / MAexp7: | +0.67% | |
| Price / MAexp20: | +1.77% | |
| Price / MAexp50: | +3.54% | |
| Price / MAexp100: | +6.05% |
Quotes :
-
15 min delayed data
-
NYSE Stocks
News
The last news published on FIRST COMMONWEALTH FINANCIAL at the time of the generation of this analysis was as follows:
- Investor Network: First Commonwealth Financial Corporation to Host Earnings Call
- DCB Financial Corp Receives Shareholder Approval for Merger with First Commonwealth Financial Corporation
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis FIRST COMMONWEALTH FINANCIAL - 15 min.