Londinia Opportunities Analyses - 06/18/2021 (GMT) FIRST CITIZENS BANCSHARES INC. - 1H

FIRST CITIZENS BANCSHARES INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Type: Stocks
Ticker: FCNCA
ISIN:

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 837.01 USD
My targets
816.00 USD (-1.34%)
808.42 USD (-2.26%)
My analysis
FIRST CITIZENS BANCSHARES INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 837.01 USD. The next support located at 816.00 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 808.42 USD. Below this support, sellers could then target 612.18 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.9

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

FIRST CITIZENS BANCSHARES INC. rating 827.10 USD. The price registered a decrease of -1.48% on the session and was between 820.00 USD and 830.45 USD. This implies that the price is at +0.87% from its lowest and at -0.40% from its highest.

820.00
830.45
827.10

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

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 HIGH record (5 years)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H of this FIRST CITIZENS BANCSHARES INC. chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators shows a bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

Central Candlesticks

Downside gap

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 808.42 816.00 826.68 827.10 837.01 844.15 852.65
Change (%) -2.26% -1.34% -0.05% - +1.20% +2.06% +3.09%
Change -18.68 -11.10 -0.42 - +9.91 +17.05 +25.55
Level Major Minor Intermediate - Minor 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
Standard779.00807.75823.63852.38868.26897.01912.89
Camarilla827.24831.33835.42839.51843.60847.69851.78
Woodie772.57804.53817.20849.16861.83893.79906.46
Fibonacci807.75824.80835.33852.38869.43879.96897.01


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard793.36820.63838.98866.25884.60911.87930.22
Camarilla844.78848.96853.14857.32861.50865.68869.87
Woodie788.89818.40834.51864.02880.13909.64925.75
Fibonacci820.63838.06848.83866.25883.68894.45911.87


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard739.07773.54817.07851.54895.07929.54973.07
Camarilla839.15846.30853.45860.60867.75874.90882.05
Woodie743.60775.81821.60853.81899.60931.81977.60
Fibonacci773.54803.34821.74851.54881.34899.74929.54

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 36.27
MACD (12,26,9): -4.1200
Directional Movement: -11.75
AROON (14): -50.00
DEMA (21): 845.78
Parabolic SAR (0,02-0,02-0,2): 872.56
Elder Ray (13): -20.15
Super Trend (3,10): 861.51
Zig ZAG (10): 830.45
VORTEX (21): 0.8800
Stochastique (14,3,5): 10.10
TEMA (21): 842.29
Williams %R (14): -100.00
Chande Momentum Oscillator (20): -35.36
Repulse (5,40,3): -2.1700
ROCnROLL: 2
TRIX (15,9): -0.0200
Courbe Coppock: 2.29
MA7: 848.79
MA20: 859.44
MA50: 855.24
MA100: 811.37
MAexp7: 837.22
MAexp20: 850.26
MAexp50: 855.58
MAexp100: 858.70
Price / MA7: -2.56%
Price / MA20: -3.76%
Price / MA50: -3.29%
Price / MA100: +1.94%
Price / MAexp7: -1.21%
Price / MAexp20: -2.72%
Price / MAexp50: -3.33%
Price / MAexp100: -3.68%

Quotes : - 15 min delayed data - Actions NASDAQ