FIRST CITIZENS BANCSHARES INC. - Daily - Technical analysis published on 07/17/2019 (GMT)
- Who voted?
- 246
- 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 : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 439.80 USD
My targets
457.67 USD (+0.59%)
469.00 USD (+3.08%)
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 CITIZENS BANCSHARES INC. as long as the price remains well above 439.80 USD. The buyers” bullish objective is set at 457.67 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 469.00 USD. If there is any crossing, the next objective would be the resistance located at 477.27 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
FIRST CITIZENS BANCSHARES INC. rating 455.00 USD. The price has increased by +1.11% since the last closing with the lowest point at 449.10 USD and the highest point at 456.65 USD. The deviation from the price is +1.31% for the low point and -0.36% for the high point.449.10
456.65
455.00
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Abnormal volumes on FIRST CITIZENS BANCSHARES INC. were detected by the Central Volumes scanner:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Daily chart of FIRST CITIZENS BANCSHARES INC. indicates that the overall trend is strongly bullish. 85.71% 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 scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : Daily
In fact, 11 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of triangle
Type : Bearish
Timeframe : Daily
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Downside gap
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 381.85 | 407.53 | 439.80 | 455.00 | 457.67 | 469.00 | 477.27 |
Change (%) | -16.08% | -10.43% | -3.34% | - | +0.59% | +3.08% | +4.89% |
Change | -73.15 | -47.47 | -15.20 | - | +2.67 | +14.00 | +22.27 |
Level | Major | Minor | Major | - | Major | Minor | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 432.64 | 439.81 | 444.92 | 452.09 | 457.20 | 464.37 | 469.48 |
Camarilla | 446.64 | 447.77 | 448.89 | 450.02 | 451.15 | 452.27 | 453.40 |
Woodie | 431.60 | 439.30 | 443.88 | 451.58 | 456.16 | 463.86 | 468.44 |
Fibonacci | 439.81 | 444.50 | 447.40 | 452.09 | 456.78 | 459.68 | 464.37 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 435.72 | 442.43 | 451.44 | 458.15 | 467.16 | 473.87 | 482.88 |
Camarilla | 456.14 | 457.58 | 459.02 | 460.46 | 461.90 | 463.34 | 464.78 |
Woodie | 436.88 | 443.01 | 452.60 | 458.73 | 468.32 | 474.45 | 484.04 |
Fibonacci | 442.43 | 448.43 | 452.14 | 458.15 | 464.15 | 467.86 | 473.87 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 393.86 | 406.13 | 428.20 | 440.48 | 462.55 | 474.82 | 496.89 |
Camarilla | 440.83 | 443.97 | 447.12 | 450.27 | 453.42 | 456.57 | 459.72 |
Woodie | 398.75 | 408.58 | 433.10 | 442.93 | 467.44 | 477.27 | 501.79 |
Fibonacci | 406.13 | 419.25 | 427.36 | 440.48 | 453.60 | 461.70 | 474.82 |
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): | 56.63 | |
MACD (12,26,9): | 5.1100 | |
Directional Movement: | 2.45 | |
AROON (14): | 78.57 | |
DEMA (21): | 454.74 | |
Parabolic SAR (0,02-0,02-0,2): | 441.21 | |
Elder Ray (13): | 1.42 | |
Super Trend (3,10): | 436.05 | |
Zig ZAG (10): | 455.00 | |
VORTEX (21): | 1.0800 | |
Stochastique (14,3,5): | 76.06 | |
TEMA (21): | 458.12 | |
Williams %R (14): | -25.89 | |
Chande Momentum Oscillator (20): | 18.09 | |
Repulse (5,40,3): | -0.0900 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1400 | |
Courbe Coppock: | 9.35 |
MA7: | 454.95 | |
MA20: | 446.17 | |
MA50: | 442.27 | |
MA100: | 435.26 | |
MAexp7: | 454.23 | |
MAexp20: | 448.59 | |
MAexp50: | 442.35 | |
MAexp100: | 436.33 | |
Price / MA7: | +0.01% | |
Price / MA20: | +1.98% | |
Price / MA50: | +2.88% | |
Price / MA100: | +4.54% | |
Price / MAexp7: | +0.17% | |
Price / MAexp20: | +1.43% | |
Price / MAexp50: | +2.86% | |
Price / MAexp100: | +4.28% |
News
The last news published on FIRST CITIZENS BANCSHARES INC. at the time of the generation of this analysis was as follows:
- Gilland Joins First Citizens Bank as Director of Private Banking
- First Citizens Wealth Management Selects Envestnet for Integrated Intelligent Platform
- First Citizens BancShares Declares Dividend
- First Citizens Bancshares Reports Earnings For Fourth Quarter 2016
- Irby Named Triangle Area Executive at First Citizens Bank
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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 CITIZENS BANCSHARES INC. - Daily