FIRST COMMONWEALTH FINANCIAL

- USD (-)

- 15 min delayed data - NYSE Stocks

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Change:	-
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Type:	Stocks
Ticker:	FCF
ISIN:

FIRST COMMONWEALTH FINANCIAL - Weekly - Technical analysis published on 07/18/2024 (GMT)

Timeframe : Weekly
- Analysis generated on
Status : WITHOUT TARGET

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 14.64 USD

My targets

My analysis

FIRST COMMONWEALTH FINANCIAL 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 14.64 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

9.1

Comment on the 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 jarias81197. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The FIRST COMMONWEALTH FINANCIAL rating is 16.64 USD. The price registered an increase of +15.56% over 5 days and was traded between 15.23 USD and 16.67 USD over the period. The price is currently at +9.26% from its lowest point and -0.18% from its highest point.

15.23

16.67

16.64

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 COMMONWEALTH FINANCIAL in Weekly shows a strongly overall 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 is currently detecting a bullish signal that could impact this trend:

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : Weekly

In fact, 17 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Weekly

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Upside gap

Type : Bullish

Timeframe : Weekly

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	13.96	14.64	16.20	16.64
Change (%)	-16.11%	-12.02%	-2.64%	-
Change	-2.68	-2.00	-0.44	-
Level	Major	Intermediate	Intermediate	-

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15.53	15.77	16.20	16.44	16.87	17.11	17.54
Camarilla	16.46	16.52	16.58	16.64	16.70	16.76	16.82
Woodie	15.64	15.82	16.31	16.49	16.98	17.16	17.65
Fibonacci	15.77	16.02	16.18	16.44	16.69	16.85	17.11

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	12.59	13.14	14.10	14.65	15.61	16.16	17.12
Camarilla	14.64	14.77	14.91	15.05	15.19	15.33	15.47
Woodie	12.79	13.24	14.30	14.75	15.81	16.26	17.32
Fibonacci	13.14	13.72	14.08	14.65	15.23	15.59	16.16

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	11.67	12.19	13.00	13.52	14.33	14.85	15.66
Camarilla	13.44	13.57	13.69	13.81	13.93	14.05	14.18
Woodie	11.82	12.26	13.15	13.59	14.48	14.92	15.81
Fibonacci	12.19	12.70	13.01	13.52	14.03	14.34	14.85

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):	70.77
MACD (12,26,9):	0.3700
Directional Movement:	24.03
AROON (14):	92.86
DEMA (21):	14.28
Parabolic SAR (0,02-0,02-0,2):	12.98
Elder Ray (13):	1.81
Super Trend (3,10):	13.37
Zig ZAG (10):	16.56
VORTEX (21):	1.1300
Stochastique (14,3,5):	87.41
TEMA (21):	14.57
Williams %R (14):	-0.23
Chande Momentum Oscillator (20):	3.17
Repulse (5,40,3):	18.5400
ROCnROLL:	1
TRIX (15,9):	0.1200
Courbe Coppock:	16.44

MA7:	15.27
MA20:	14.14
MA50:	13.77
MA100:	13.46
MAexp7:	14.57
MAexp20:	13.89
MAexp50:	13.54
MAexp100:	13.26
Price / MA7:	+8.97%
Price / MA20:	+17.68%
Price / MA50:	+20.84%
Price / MA100:	+23.63%
Price / MAexp7:	+14.21%
Price / MAexp20:	+19.80%
Price / MAexp50:	+22.90%
Price / MAexp100:	+25.49%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on FIRST COMMONWEALTH FINANCIAL 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.

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