FIRST CITIZENS BANCSHARES INC.
FIRST CITIZENS BANCSHARES INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: FCNCA
ISIN:

FIRST CITIZENS BANCSHARES INC. - Daily - Technical analysis published on 10/05/2023 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
50%
28%
22%
My opinion
Bullish above 1,319.62 USD
My targets
1,415.65 USD (+4.44%)
1,511.26 USD (+11.49%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on FIRST CITIZENS BANCSHARES INC. as long as the price remains well above 1,319.62 USD. The buyers' bullish objective is set at 1,415.65 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1,511.26 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
4.6

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
1H Weekly

Additional analysis

Quotes

The FIRST CITIZENS BANCSHARES INC. rating is 1,355.48 USD. On the day, this instrument gained +1.84% and was between 1,337.10 USD and 1,358.48 USD. This implies that the price is at +1.37% from its lowest and at -0.22% from its highest.

1,337.10
1,358.48
1,355.48

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this FIRST CITIZENS BANCSHARES INC. chart shows a bullish trend. The signals given by moving averages are 75.00% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : Daily



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


RSI indicator is back over 50

Type : Bullish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily


Near support of channel

Type : Bullish

Timeframe : Daily


Near support of triangle

Type : Bullish

Timeframe : Daily



For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 1,062.20 1,183.12 1,319.62 1,355.48 1,511.26
Change (%) -21.64% -12.72% -2.65% - +11.49%
Change -293.28 -172.36 -35.86 - +155.78
Level Minor Intermediate Major - Major



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
Standard1,266.481,280.741,305.861,320.121,345.241,359.501,384.62
Camarilla1,320.151,323.761,327.371,330.981,334.591,338.201,341.81
Woodie1,271.911,283.461,311.291,322.841,350.671,362.221,390.05
Fibonacci1,280.741,295.781,305.081,320.121,335.161,344.461,359.50


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,290.831,314.921,347.511,371.601,404.191,428.281,460.87
Camarilla1,364.511,369.711,374.901,380.101,385.301,390.491,395.69
Woodie1,295.081,317.051,351.761,373.731,408.441,430.411,465.12
Fibonacci1,314.921,336.571,349.951,371.601,393.251,406.631,428.28


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,242.171,277.711,328.911,364.451,415.651,451.191,502.39
Camarilla1,356.251,364.201,372.151,380.101,388.051,396.001,403.95
Woodie1,249.991,281.631,336.731,368.371,423.471,455.111,510.21
Fibonacci1,277.711,310.851,331.321,364.451,397.591,418.061,451.19

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): 49.48
MACD (12,26,9): -7.4800
Directional Movement: -8.32
AROON (14): -64.28
DEMA (21): 1,342.55
Parabolic SAR (0,02-0,02-0,2): 1,388.65
Elder Ray (13): -0.58
Super Trend (3,10): 1,408.61
Zig ZAG (10): 1,352.38
VORTEX (21): 0.9500
Stochastique (14,3,5): 39.64
TEMA (21): 1,338.28
Williams %R (14): -38.07
Chande Momentum Oscillator (20): -0.50
Repulse (5,40,3): 1.2800
ROCnROLL: 1
TRIX (15,9): -0.0700
Courbe Coppock: 0.44
MA7: 1,347.56
MA20: 1,350.07
MA50: 1,384.66
MA100: 1,337.65
MAexp7: 1,344.29
MAexp20: 1,352.41
MAexp50: 1,351.27
MAexp100: 1,289.33
Price / MA7: +0.59%
Price / MA20: +0.40%
Price / MA50: -2.11%
Price / MA100: +1.33%
Price / MAexp7: +0.83%
Price / MAexp20: +0.23%
Price / MAexp50: +0.31%
Price / MAexp100: +5.13%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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