FIRST CITIZENS BANCSHARES INC. - 1H - Technical analysis published on 04/25/2024 (GMT)
- 97
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : WITHOUT TARGET
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
6%
11%
My opinion
Bullish above 1,674.25 USD
My targets
-
My analysis
The bullish trend is currently very strong on FIRST CITIZENS BANCSHARES INC.. As long as the price remains above the support at 1,674.25 USD, you could try to benefit from the boom. 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6
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
FIRST CITIZENS BANCSHARES INC. rating 1,769.14 USD. On the day, this instrument gained +7.90% and was between 1,634.91 USD and 1,781.74 USD. This implies that the price is at +8.21% from its lowest and at -0.71% from its highest.1,634.91
1,781.74
1,769.14
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by FIRST CITIZENS BANCSHARES INC.:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of FIRST CITIZENS BANCSHARES INC. in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 80
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Dark cloud cover
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 1,619.06 | 1,634.45 | 1,651.89 | 1,769.14 |
| Change (%) | -8.48% | -7.61% | -6.63% | - |
| Change | -150.08 | -134.69 | -117.25 | - |
| Level | Intermediate | Intermediate | Intermediate | - |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,601.50 | 1,613.28 | 1,626.45 | 1,638.23 | 1,651.40 | 1,663.18 | 1,676.35 |
| Camarilla | 1,632.77 | 1,635.06 | 1,637.34 | 1,639.63 | 1,641.92 | 1,644.20 | 1,646.49 |
| Woodie | 1,602.21 | 1,613.63 | 1,627.16 | 1,638.58 | 1,652.11 | 1,663.53 | 1,677.06 |
| Fibonacci | 1,613.28 | 1,622.81 | 1,628.70 | 1,638.23 | 1,647.76 | 1,653.65 | 1,663.18 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,452.22 | 1,485.11 | 1,526.23 | 1,559.12 | 1,600.24 | 1,633.13 | 1,674.25 |
| Camarilla | 1,547.01 | 1,553.79 | 1,560.58 | 1,567.36 | 1,574.14 | 1,580.93 | 1,587.71 |
| Woodie | 1,456.35 | 1,487.17 | 1,530.36 | 1,561.18 | 1,604.37 | 1,635.19 | 1,678.38 |
| Fibonacci | 1,485.11 | 1,513.38 | 1,530.85 | 1,559.12 | 1,587.39 | 1,604.86 | 1,633.13 |
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): | 82.22 | |
| MACD (12,26,9): | 46.1400 | |
| Directional Movement: | 39.96 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 1,742.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,642.12 | |
| Elder Ray (13): | 60.81 | |
| Super Trend (3,10): | 1,706.97 | |
| Zig ZAG (10): | 1,772.55 | |
| VORTEX (21): | 1.3400 | |
| Stochastique (14,3,5): | 97.88 | |
| TEMA (21): | 1,768.99 | |
| Williams %R (14): | -5.64 | |
| Chande Momentum Oscillator (20): | 145.16 | |
| Repulse (5,40,3): | 1.9300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3000 | |
| Courbe Coppock: | 13.31 |
| MA7: | 1,618.13 | |
| MA20: | 1,600.61 | |
| MA50: | 1,574.83 | |
| MA100: | 1,508.04 | |
| MAexp7: | 1,745.41 | |
| MAexp20: | 1,687.61 | |
| MAexp50: | 1,635.66 | |
| MAexp100: | 1,610.99 | |
| Price / MA7: | +9.33% | |
| Price / MA20: | +10.53% | |
| Price / MA50: | +12.34% | |
| Price / MA100: | +17.31% | |
| Price / MAexp7: | +1.36% | |
| Price / MAexp20: | +4.83% | |
| Price / MAexp50: | +8.16% | |
| Price / MAexp100: | +9.82% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on FIRST CITIZENS BANCSHARES INC.. At the time of publication of this analysis, the latest news was 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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