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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 04/22/2024 (GMT)

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

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 1,567.15 USD
My targets
1,634.45 USD (+2.15%)
1,651.73 USD (+3.23%)
My analysis
FIRST CITIZENS BANCSHARES INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1,567.15 USD. The next resistance located at 1,634.45 USD is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1,651.73 USD.

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
7.1

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. rating is 1,600.00 USD. The price has increased by +2.08% since the last closing with the lowest point at 1,562.65 USD and the highest point at 1,603.48 USD. The deviation from the price is +2.39% for the low point and -0.22% for the high point.

1,562.65
1,603.48
1,600.00

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

Central Gaps

Opening Gap UP

Type : Bullish

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. 75.00% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : 1 hour


Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour



In fact, 16 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour


Doji

Type : Neutral

Timeframe : 1 hour


Bearish harami cross

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1,507.95 1,537.97 1,567.15 1,600.00 1,600.87 1,634.45 1,651.73
Change (%) -5.75% -3.88% -2.05% - +0.05% +2.15% +3.23%
Change -92.05 -62.03 -32.85 - +0.87 +34.45 +51.73
Level Major 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
Standard1,511.291,523.901,545.631,558.241,579.971,592.581,614.31
Camarilla1,557.921,561.061,564.211,567.361,570.511,573.661,576.80
Woodie1,515.851,526.181,550.191,560.521,584.531,594.861,618.87
Fibonacci1,523.901,537.021,545.121,558.241,571.361,579.461,592.58


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,452.221,485.111,526.231,559.121,600.241,633.131,674.25
Camarilla1,547.011,553.791,560.581,567.361,574.141,580.931,587.71
Woodie1,456.351,487.171,530.361,561.181,604.371,635.191,678.38
Fibonacci1,485.111,513.381,530.851,559.121,587.391,604.861,633.13


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 the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 68.26
MACD (12,26,9): 8.0900
Directional Movement: 18.40
AROON (14): 71.43
DEMA (21): 1,573.47
Parabolic SAR (0,02-0,02-0,2): 1,542.17
Elder Ray (13): 31.73
Super Trend (3,10): 1,563.98
Zig ZAG (10): 1,602.84
VORTEX (21): 1.2000
Stochastique (14,3,5): 96.21
TEMA (21): 1,584.05
Williams %R (14): -7.75
Chande Momentum Oscillator (20): 56.82
Repulse (5,40,3): 1.7300
ROCnROLL: 1
TRIX (15,9): 0.0200
Courbe Coppock: 2.89
MA7: 1,558.36
MA20: 1,588.78
MA50: 1,562.94
MA100: 1,500.75
MAexp7: 1,580.10
MAexp20: 1,565.95
MAexp50: 1,566.17
MAexp100: 1,574.02
Price / MA7: +2.67%
Price / MA20: +0.71%
Price / MA50: +2.37%
Price / MA100: +6.61%
Price / MAexp7: +1.26%
Price / MAexp20: +2.17%
Price / MAexp50: +2.16%
Price / MAexp100: +1.65%

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
Londinia AI

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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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