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 04/02/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bearish
Underlying: Bullish
Technical indicators
22%
44%
33%
My opinion
Bullish above 1,573.22 USD
My targets
1,624.55 USD (+1.16%)
1,651.73 USD (+2.85%)
My analysis
The basic trend is bullish on FIRST CITIZENS BANCSHARES INC. and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 1,573.22 USD. Sellers would then use the next support located at 1,539.33 USD as an objective. Crossing it would then enable sellers to target 1,507.95 USD. If there is a return to above the resistance located at 1,624.55 USD, this would be a sign of a reversal in the basic bullish trend.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
0.7

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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Daily Weekly

Additional analysis

Quotes

The FIRST CITIZENS BANCSHARES INC. rating is 1,606.00 USD. The price registered a decrease of -0.05% on the session with the lowest point at 1,586.96 USD and the highest point at 1,607.63 USD. The deviation from the price is +1.20% for the low point and -0.10% for the high point.

1,586.96
1,607.63
1,606.00

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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


Technical analysis of FIRST CITIZENS BANCSHARES INC. in 1H shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the current slightly bearish signals from short-term moving averages indicate that the overall trend may be slowing down. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 1,539.33 1,573.22 1,601.15 1,606.00 1,624.55 1,651.73
Change (%) -4.15% -2.04% -0.30% - +1.16% +2.85%
Change -66.67 -32.78 -4.85 - +18.55 +45.73
Level Intermediate Minor Intermediate - Intermediate Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,565.661,585.161,596.011,615.511,626.361,645.861,656.71
Camarilla1,598.521,601.311,604.091,606.871,609.651,612.431,615.22
Woodie1,561.351,583.001,591.701,613.351,622.051,643.701,652.40
Fibonacci1,585.161,596.751,603.911,615.511,627.101,634.261,645.86


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,544.661,569.421,602.211,626.971,659.761,684.521,717.31
Camarilla1,619.171,624.451,629.731,635.001,640.281,645.551,650.83
Woodie1,548.681,571.431,606.231,628.981,663.781,686.531,721.33
Fibonacci1,569.421,591.401,604.991,626.971,648.951,662.541,684.52


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,397.241,451.491,543.241,597.491,689.241,743.491,835.24
Camarilla1,594.851,608.231,621.621,635.001,648.381,661.771,675.15
Woodie1,416.001,460.871,562.001,606.871,708.001,752.871,854.00
Fibonacci1,451.491,507.261,541.721,597.491,653.261,687.721,743.49

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): 48.28
MACD (12,26,9): -2.4000
Directional Movement: -2.98
AROON (14): -85.71
DEMA (21): 1,608.55
Parabolic SAR (0,02-0,02-0,2): 1,633.99
Elder Ray (13): -8.99
Super Trend (3,10): 1,628.65
Zig ZAG (10): 1,606.00
VORTEX (21): 0.9200
Stochastique (14,3,5): 16.36
TEMA (21): 1,600.79
Williams %R (14): -65.41
Chande Momentum Oscillator (20): -32.18
Repulse (5,40,3): 1.0700
ROCnROLL: -1
TRIX (15,9): 0.0100
Courbe Coppock: 3.03
MA7: 1,609.75
MA20: 1,576.59
MA50: 1,534.91
MA100: 1,479.41
MAexp7: 1,603.01
MAexp20: 1,609.50
MAexp50: 1,603.22
MAexp100: 1,588.38
Price / MA7: -0.23%
Price / MA20: +1.87%
Price / MA50: +4.63%
Price / MA100: +8.56%
Price / MAexp7: +0.19%
Price / MAexp20: -0.22%
Price / MAexp50: +0.17%
Price / MAexp100: +1.11%

Quotes : - 15 min delayed data - NASDAQ Stocks

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

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