Londinia Opportunities Analyses - 06/18/2021 (GMT) FIRST CITIZENS BANCSHARES INC. - 1H
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%
61%
28%
My opinion
Bearish under 826.68 USD
My targets
808.42 USD (-1.33%)
793.36 USD (-3.17%)
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 826.68 USD. The next support located at 808.42 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 793.36 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.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.7
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The FIRST CITIZENS BANCSHARES INC. price is 819.30 USD. The price registered a decrease of -2.41% on the session and was traded between 815.14 USD and 830.45 USD over the period. The price is currently at +0.51% from its lowest and -1.34% from its highest.815.14
830.45
819.30
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
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 (5 years)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of FIRST CITIZENS BANCSHARES INC. indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a bearish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 612.18 | 808.42 | 816.00 | 819.30 | 826.68 | 837.01 | 844.15 |
| Change (%) | -25.28% | -1.33% | -0.40% | - | +0.90% | +2.16% | +3.03% |
| Change | -207.12 | -10.88 | -3.30 | - | +7.38 | +17.71 | +24.85 |
| Level | Intermediate | Major | Minor | - | Intermediate | Minor | Minor |
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 | 779.00 | 807.75 | 823.63 | 852.38 | 868.26 | 897.01 | 912.89 |
| Camarilla | 827.24 | 831.33 | 835.42 | 839.51 | 843.60 | 847.69 | 851.78 |
| Woodie | 772.57 | 804.53 | 817.20 | 849.16 | 861.83 | 893.79 | 906.46 |
| Fibonacci | 807.75 | 824.80 | 835.33 | 852.38 | 869.43 | 879.96 | 897.01 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 793.36 | 820.63 | 838.98 | 866.25 | 884.60 | 911.87 | 930.22 |
| Camarilla | 844.78 | 848.96 | 853.14 | 857.32 | 861.50 | 865.68 | 869.87 |
| Woodie | 788.89 | 818.40 | 834.51 | 864.02 | 880.13 | 909.64 | 925.75 |
| Fibonacci | 820.63 | 838.06 | 848.83 | 866.25 | 883.68 | 894.45 | 911.87 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 739.07 | 773.54 | 817.07 | 851.54 | 895.07 | 929.54 | 973.07 |
| Camarilla | 839.15 | 846.30 | 853.45 | 860.60 | 867.75 | 874.90 | 882.05 |
| Woodie | 743.60 | 775.81 | 821.60 | 853.81 | 899.60 | 931.81 | 977.60 |
| Fibonacci | 773.54 | 803.34 | 821.74 | 851.54 | 881.34 | 899.74 | 929.54 |
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): | 31.26 | |
| MACD (12,26,9): | -8.1200 | |
| Directional Movement: | -15.99 | |
| AROON (14): | -57.15 | |
| DEMA (21): | 835.63 | |
| Parabolic SAR (0,02-0,02-0,2): | 863.03 | |
| Elder Ray (13): | -20.05 | |
| Super Trend (3,10): | 853.48 | |
| Zig ZAG (10): | 823.01 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 5.79 | |
| TEMA (21): | 830.41 | |
| Williams %R (14): | -91.29 | |
| Chande Momentum Oscillator (20): | -34.89 | |
| Repulse (5,40,3): | -0.9600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 5.56 |
| MA7: | 847.57 | |
| MA20: | 859.05 | |
| MA50: | 854.98 | |
| MA100: | 811.24 | |
| MAexp7: | 828.47 | |
| MAexp20: | 843.70 | |
| MAexp50: | 852.36 | |
| MAexp100: | 856.92 | |
| Price / MA7: | -3.34% | |
| Price / MA20: | -4.63% | |
| Price / MA50: | -4.17% | |
| Price / MA100: | +0.99% | |
| Price / MAexp7: | -1.11% | |
| Price / MAexp20: | -2.89% | |
| Price / MAexp50: | -3.88% | |
| Price / MAexp100: | -4.39% |
Quotes :
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15 min delayed data
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Actions NASDAQ
News
Don't forget to follow the news on FIRST CITIZENS BANCSHARES INC.. At the time of publication of this analysis, the latest news was as follows:
- First Citizens Launches Streamlined Solution for Securities-Based Lines of Credit
- Nolan Joins First Citizens as Director of Investment Strategy
- Biliter Joins First Citizens Investor Services as President
- Gilland Joins First Citizens Bank as Director of Private Banking
- First Citizens Wealth Management Selects Envestnet for Integrated Intelligent Platform