FIRST CITIZENS BANCSHARES INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Change:	-
Volume:	-

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Type:	Stocks
Ticker:	FCNCA
ISIN:

FIRST CITIZENS BANCSHARES INC. - 1H - Technical analysis published on 02/20/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

33%

28%

39%

My opinion

Bullish above 1,460.79 USD

My targets

1,536.69 USD (+1.60%)

1,551.84 USD (+2.60%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on FIRST CITIZENS BANCSHARES INC.. As long as you are above the support located at 1,460.79 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 1,536.69 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 1,551.84 USD as an objective. If the support 1,460.79 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

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

Force

2.3

Comment on the analysis

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:

Additional analysis

Quotes

The FIRST CITIZENS BANCSHARES INC. rating is 1,512.53 USD. On the day, this instrument lost -0.16% and was traded between 1,475.85 USD and 1,525.92 USD over the period. The price is currently at +2.49% from its lowest and -0.88% from its highest.

1,475.85

1,525.92

1,512.53

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

Here is a more detailed summary of the historical variations registered by FIRST CITIZENS BANCSHARES INC.:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this FIRST CITIZENS BANCSHARES INC. chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish trend reversal : Moving Average 100

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour

In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 7 are neutral and 5 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

MACD indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

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 : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of triangle

Type : Bearish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	1,438.08	1,460.79	1,509.50	1,512.53	1,536.69	1,551.84
Change (%)	-4.92%	-3.42%	-0.20%	-	+1.60%	+2.60%
Change	-74.45	-51.74	-3.03	-	+24.16	+39.31
Level	Minor	Intermediate	Major	-	Major	Intermediate

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	1,483.90	1,498.57	1,506.78	1,521.45	1,529.66	1,544.33	1,552.54
Camarilla	1,508.70	1,510.80	1,512.89	1,514.99	1,517.09	1,519.19	1,521.28
Woodie	1,480.67	1,496.96	1,503.55	1,519.84	1,526.43	1,542.72	1,549.31
Fibonacci	1,498.57	1,507.31	1,512.71	1,521.45	1,530.19	1,535.59	1,544.33

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,396.43	1,428.60	1,471.79	1,503.96	1,547.15	1,579.32	1,622.51
Camarilla	1,494.27	1,501.17	1,508.08	1,514.99	1,521.90	1,528.81	1,535.71
Woodie	1,401.95	1,431.36	1,477.31	1,506.72	1,552.67	1,582.08	1,628.03
Fibonacci	1,428.60	1,457.38	1,475.17	1,503.96	1,532.74	1,550.53	1,579.32

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,211.24	1,287.61	1,398.80	1,475.17	1,586.36	1,662.73	1,773.92
Camarilla	1,458.42	1,475.61	1,492.81	1,510.00	1,527.19	1,544.39	1,561.58
Woodie	1,228.66	1,296.32	1,416.22	1,483.88	1,603.78	1,671.44	1,791.34
Fibonacci	1,287.61	1,359.26	1,403.52	1,475.17	1,546.82	1,591.08	1,662.73

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):	49.23
MACD (12,26,9):	3.6600
Directional Movement:	-4.31
AROON (14):	-35.71
DEMA (21):	1,517.74
Parabolic SAR (0,02-0,02-0,2):	1,476.86
Elder Ray (13):	0.78
Super Trend (3,10):	1,528.21
Zig ZAG (10):	1,507.73
VORTEX (21):	0.9800
Stochastique (14,3,5):	69.27
TEMA (21):	1,517.78
Williams %R (14):	-41.18
Chande Momentum Oscillator (20):	-16.58
Repulse (5,40,3):	-0.2400
ROCnROLL:	-1
TRIX (15,9):	0.0500
Courbe Coppock:	1.02

MA7:	1,502.84
MA20:	1,490.41
MA50:	1,447.13
MA100:	1,419.25
MAexp7:	1,514.83
MAexp20:	1,511.98
MAexp50:	1,504.31
MAexp100:	1,493.94
Price / MA7:	+0.64%
Price / MA20:	+1.48%
Price / MA50:	+4.52%
Price / MA100:	+6.57%
Price / MAexp7:	-0.15%
Price / MAexp20:	+0.04%
Price / MAexp50:	+0.55%
Price / MAexp100:	+1.24%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The latest news and videos published on FIRST CITIZENS BANCSHARES INC. at the time of the analysis were as follows:

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

About author

Londinia AI

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