FIRST CITIZENS BANCSHARES INC. - 1H - Technical analysis published on 04/10/2024 (GMT)
- 86
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Neutral
Technical indicators
44%
22%
33%
My opinion
Neutral between 1,573.81 USD and 1,635.00 USD
My targets
-
My analysis
The basic trend is neutral and the short term is tentatively bearish. With such a pattern, it is difficult to favour buying or selling. The first support is located at 1,573.81 USD. The first resistance is located at 1,635.00 USD. However, the probabilities of moving towards the first support before the first resistance are slightly higher. Without a basic trend, it is important to monitor the price response at these levels. A bearish break in the support or a bullish break in the resistance could provide a signal that would set the new direction of the basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement recorded by FIRST CITIZENS BANCSHARES INC..
Technical indicators are neutral in the very short term and are not able to influence the opinion of this 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. price is 1,602.41 USD. The price is lower by -0.20% since the last closing and was between 1,565.10 USD and 1,605.66 USD. This implies that the price is at +2.38% from its lowest and at -0.20% from its highest.1,565.10
1,605.66
1,602.41
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.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by FIRST CITIZENS BANCSHARES INC.:
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this FIRST CITIZENS BANCSHARES INC. chart shows a neutral trend. The slightly bearish signals currently given by short-term moving averages could allow the overall trend to return to a slightly bearish trend. The Central Indicators scanner detects bullish and bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
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
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 1,551.99 | 1,573.81 | 1,600.87 | 1,602.41 | 1,635.00 | 1,651.73 |
| Change (%) | -3.15% | -1.78% | -0.10% | - | +2.03% | +3.08% |
| Change | -50.42 | -28.60 | -1.54 | - | +32.59 | +49.32 |
| Level | Minor | Major | Intermediate | - | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,549.81 | 1,572.31 | 1,588.99 | 1,611.49 | 1,628.17 | 1,650.67 | 1,667.35 |
| Camarilla | 1,594.89 | 1,598.48 | 1,602.07 | 1,605.66 | 1,609.25 | 1,612.84 | 1,616.44 |
| Woodie | 1,546.89 | 1,570.86 | 1,586.07 | 1,610.04 | 1,625.25 | 1,649.22 | 1,664.43 |
| Fibonacci | 1,572.31 | 1,587.28 | 1,596.53 | 1,611.49 | 1,626.46 | 1,635.71 | 1,650.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,506.68 | 1,540.43 | 1,567.50 | 1,601.25 | 1,628.32 | 1,662.07 | 1,689.14 |
| Camarilla | 1,577.85 | 1,583.42 | 1,589.00 | 1,594.57 | 1,600.15 | 1,605.72 | 1,611.30 |
| Woodie | 1,503.34 | 1,538.76 | 1,564.16 | 1,599.58 | 1,624.98 | 1,660.40 | 1,685.80 |
| Fibonacci | 1,540.43 | 1,563.66 | 1,578.02 | 1,601.25 | 1,624.48 | 1,638.84 | 1,662.07 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,397.24 | 1,451.49 | 1,543.24 | 1,597.49 | 1,689.24 | 1,743.49 | 1,835.24 |
| Camarilla | 1,594.85 | 1,608.23 | 1,621.62 | 1,635.00 | 1,648.38 | 1,661.77 | 1,675.15 |
| Woodie | 1,416.00 | 1,460.87 | 1,562.00 | 1,606.87 | 1,708.00 | 1,752.87 | 1,854.00 |
| Fibonacci | 1,451.49 | 1,507.26 | 1,541.72 | 1,597.49 | 1,653.26 | 1,687.72 | 1,743.49 |
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): | 49.50 | |
| MACD (12,26,9): | -2.3500 | |
| Directional Movement: | -4.96 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 1,600.57 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,626.83 | |
| Elder Ray (13): | -0.26 | |
| Super Trend (3,10): | 1,631.52 | |
| Zig ZAG (10): | 1,602.41 | |
| VORTEX (21): | 0.9600 | |
| Stochastique (14,3,5): | 42.85 | |
| TEMA (21): | 1,597.72 | |
| Williams %R (14): | -45.85 | |
| Chande Momentum Oscillator (20): | -6.59 | |
| Repulse (5,40,3): | 0.2300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 2.87 |
| MA7: | 1,599.43 | |
| MA20: | 1,588.68 | |
| MA50: | 1,552.98 | |
| MA100: | 1,491.16 | |
| MAexp7: | 1,598.91 | |
| MAexp20: | 1,602.74 | |
| MAexp50: | 1,603.15 | |
| MAexp100: | 1,597.03 | |
| Price / MA7: | +0.19% | |
| Price / MA20: | +0.86% | |
| Price / MA50: | +3.18% | |
| Price / MA100: | +7.46% | |
| Price / MAexp7: | +0.22% | |
| Price / MAexp20: | -0.02% | |
| Price / MAexp50: | -0.05% | |
| Price / MAexp100: | +0.34% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on FIRST CITIZENS BANCSHARES INC. at the time of the analysis were 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
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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