FIRST COMMONWEALTH FINANCIAL

- USD (-)

- 15 min delayed data - NYSE Stocks

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Type:	Stocks
Ticker:	FCF
ISIN:

FIRST COMMONWEALTH FINANCIAL - Daily - Technical analysis published on 12/27/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

61%

11%

28%

My opinion

Bullish above 13.77 USD

My targets

14.99 USD (+2.88%)

16.30 USD (+11.87%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on FIRST COMMONWEALTH FINANCIAL as long as the price remains well above 13.77 USD. The buyers” bullish objective is set at 14.99 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 16.30 USD. If there is any crossing, the next objective would be the resistance located at 17.72 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

FORCE

7.7

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The FIRST COMMONWEALTH FINANCIAL rating is 14.57 USD. On the day, this instrument lost -0.55% and was between 14.53 USD and 14.66 USD. This implies that the price is at +0.28% from its lowest and at -0.61% from its highest.

14.53

14.66

14.57

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

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 for higher/lower results shows the following items:

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

A technical analysis in Daily of this FIRST COMMONWEALTH FINANCIAL chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	12.06	12.67	13.77	14.57	14.61	14.99	16.30
Change (%)	-17.23%	-13.04%	-5.49%	-	+0.27%	+2.88%	+11.87%
Change	-2.51	-1.90	-0.80	-	+0.04	+0.42	+1.73
Level	Major	Intermediate	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	14.48	14.54	14.59	14.65	14.70	14.76	14.81
Camarilla	14.62	14.63	14.64	14.65	14.66	14.67	14.68
Woodie	14.49	14.54	14.60	14.65	14.71	14.76	14.82
Fibonacci	14.54	14.58	14.61	14.65	14.69	14.72	14.76

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.48	14.60	14.70	14.82	14.92	15.04	15.14
Camarilla	14.75	14.77	14.79	14.81	14.83	14.85	14.87
Woodie	14.48	14.60	14.70	14.82	14.92	15.04	15.14
Fibonacci	14.60	14.68	14.73	14.82	14.90	14.95	15.04

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	13.27	13.65	13.93	14.31	14.60	14.98	15.26
Camarilla	14.04	14.10	14.16	14.22	14.28	14.34	14.40
Woodie	13.22	13.62	13.89	14.29	14.55	14.95	15.22
Fibonacci	13.65	13.90	14.06	14.31	14.57	14.72	14.98

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):	58.17
MACD (12,26,9):	0.1700
Directional Movement:	10.41
AROON (14):	78.57
DEMA (21):	14.76
Parabolic SAR (0,02-0,02-0,2):	14.31
Elder Ray (13):	0.03
Super Trend (3,10):	14.25
Zig ZAG (10):	14.65
VORTEX (21):	1.0400
Stochastique (14,3,5):	68.25
TEMA (21):	14.76
Williams %R (14):	-40.00
Chande Momentum Oscillator (20):	0.35
Repulse (5,40,3):	-0.8000
ROCnROLL:	1
TRIX (15,9):	0.1600
Courbe Coppock:	7.59

MA7:	14.75
MA20:	14.48
MA50:	14.25
MA100:	13.49
MAexp7:	14.69
MAexp20:	14.53
MAexp50:	14.20
MAexp100:	13.78
Price / MA7:	-1.22%
Price / MA20:	+0.62%
Price / MA50:	+2.25%
Price / MA100:	+8.01%
Price / MAexp7:	-0.82%
Price / MAexp20:	+0.28%
Price / MAexp50:	+2.61%
Price / MAexp100:	+5.73%

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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