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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. - 1H - Technical analysis published on 03/05/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 1,596.60 USD
My targets
1,635.18 USD (+1.16%)
1,673.77 USD (+3.54%)
My analysis
The bullish trend is currently very strong on FIRST CITIZENS BANCSHARES INC.. As long as the price remains above the support at 1,596.60 USD, you could try to benefit from the boom. The first bullish objective is located at 1,635.18 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1,673.77 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.4

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.

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Daily Weekly

Additional analysis

Quotes

The FIRST CITIZENS BANCSHARES INC. price is 1,616.49 USD. The price registered an increase of +3.50% on the session with the lowest point at 1,557.04 USD and the highest point at 1,616.49 USD. The deviation from the price is +3.82% for the low point and 0% for the high point.

1,557.04
1,616.49
1,616.49

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

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:

Central Records

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 strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 1,550.36 1,579.17 1,596.60 1,616.49
Change (%) -4.09% -2.31% -1.23% -
Change -66.13 -37.32 -19.89 -
Level Intermediate Minor Major -



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,481.301,516.581,539.191,574.471,597.081,632.361,654.97
Camarilla1,545.881,551.191,556.491,561.801,567.111,572.411,577.72
Woodie1,474.971,513.411,532.861,571.301,590.751,629.191,648.64
Fibonacci1,516.581,538.691,552.361,574.471,596.581,610.251,632.36


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,456.721,490.481,529.071,562.831,601.421,635.181,673.77
Camarilla1,547.751,554.391,561.021,567.651,574.281,580.911,587.55
Woodie1,459.131,491.691,531.481,564.041,603.831,636.391,676.18
Fibonacci1,490.481,518.121,535.201,562.831,590.471,607.551,635.18


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,314.741,375.671,474.741,535.671,634.741,695.671,794.74
Camarilla1,529.811,544.481,559.141,573.811,588.481,603.141,617.81
Woodie1,333.811,385.211,493.811,545.211,653.811,705.211,813.81
Fibonacci1,375.671,436.791,474.551,535.671,596.791,634.551,695.67

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 60.77
MACD (12,26,9): 7.2200
Directional Movement: 12.37
AROON (14): 14.28
DEMA (21): 1,584.57
Parabolic SAR (0,02-0,02-0,2): 1,600.08
Elder Ray (13): 15.39
Super Trend (3,10): 1,546.91
Zig ZAG (10): 1,595.00
VORTEX (21): 1.1100
Stochastique (14,3,5): 69.21
TEMA (21): 1,586.34
Williams %R (14): -25.12
Chande Momentum Oscillator (20): 29.36
Repulse (5,40,3): 1.1200
ROCnROLL: 1
TRIX (15,9): 0.0400
Courbe Coppock: 3.02
MA7: 1,574.35
MA20: 1,527.15
MA50: 1,470.59
MA100: 1,438.78
MAexp7: 1,584.79
MAexp20: 1,575.78
MAexp50: 1,562.48
MAexp100: 1,541.98
Price / MA7: +2.68%
Price / MA20: +5.85%
Price / MA50: +9.92%
Price / MA100: +12.35%
Price / MAexp7: +2.00%
Price / MAexp20: +2.58%
Price / MAexp50: +3.46%
Price / MAexp100: +4.83%

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

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