FIRST CITIZENS BANCSHARES INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Change:	-
Volume:	-

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Type:	Stocks
Ticker:	FCNCA
ISIN:

FIRST CITIZENS BANCSHARES INC. - Daily - Technical analysis published on 01/26/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

11%

22%

My opinion

Bullish above 1,442.19 USD

My targets

1,509.50 USD (+2.54%)

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 CITIZENS BANCSHARES INC. as long as the price remains well above 1,442.19 USD. The buyers' bullish objective is set at 1,509.50 USD. A bullish break in this resistance would boost the bullish momentum. 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

7.5

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.

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Additional analysis

Quotes

The FIRST CITIZENS BANCSHARES INC. price is 1,472.15 USD. The price has increased by +4.23% since the last closing and was between 1,383.00 USD and 1,539.51 USD. This implies that the price is at +6.45% from its lowest and at -4.38% from its highest.

1,383.00

1,539.51

1,472.15

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

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:

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 Daily shows a strongly overall bullish trend. 89.29% 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 scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : Daily

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

MACD indicator is back over 0

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

Resistance of triangle is broken

Type : Bullish

Timeframe : Daily

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

White line without lower shadow

Type : Bullish

Timeframe : Daily

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

Long white line

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	1,288.64	1,375.97	1,442.19	1,472.15	1,509.50
Change (%)	-12.47%	-6.53%	-2.04%	-	+2.54%
Change	-183.51	-96.18	-29.96	-	+37.35
Level	Intermediate	Major	Intermediate	-	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,330.92	1,357.67	1,385.04	1,411.79	1,439.16	1,465.91	1,493.28
Camarilla	1,397.53	1,402.49	1,407.45	1,412.41	1,417.37	1,422.33	1,427.29
Woodie	1,331.23	1,357.83	1,385.35	1,411.95	1,439.47	1,466.07	1,493.59
Fibonacci	1,357.67	1,378.34	1,391.12	1,411.79	1,432.46	1,445.24	1,465.91

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,327.76	1,345.87	1,377.77	1,395.88	1,427.78	1,445.89	1,477.79
Camarilla	1,395.93	1,400.51	1,405.10	1,409.68	1,414.26	1,418.85	1,423.43
Woodie	1,334.67	1,349.32	1,384.68	1,399.33	1,434.69	1,449.34	1,484.70
Fibonacci	1,345.87	1,364.97	1,376.77	1,395.88	1,414.98	1,426.78	1,445.89

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,231.32	1,312.51	1,365.74	1,446.93	1,500.16	1,581.35	1,634.58
Camarilla	1,382.01	1,394.33	1,406.65	1,418.97	1,431.29	1,443.61	1,455.94
Woodie	1,217.34	1,305.52	1,351.76	1,439.94	1,486.18	1,574.36	1,620.60
Fibonacci	1,312.51	1,363.86	1,395.58	1,446.93	1,498.28	1,530.00	1,581.35

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):	60.67
MACD (12,26,9):	3.7600
Directional Movement:	18.19
AROON (14):	50.00
DEMA (21):	1,420.62
Parabolic SAR (0,02-0,02-0,2):	1,378.74
Elder Ray (13):	39.86
Super Trend (3,10):	1,318.94
Zig ZAG (10):	1,474.14
VORTEX (21):	0.9200
Stochastique (14,3,5):	51.82
TEMA (21):	1,425.58
Williams %R (14):	-37.24
Chande Momentum Oscillator (20):	83.62
Repulse (5,40,3):	3.9900
ROCnROLL:	1
TRIX (15,9):	-0.0500
Courbe Coppock:	2.70

MA7:	1,426.27
MA20:	1,411.09
MA50:	1,429.42
MA100:	1,394.18
MAexp7:	1,429.25
MAexp20:	1,418.89
MAexp50:	1,414.88
MAexp100:	1,384.15
Price / MA7:	+3.22%
Price / MA20:	+4.33%
Price / MA50:	+2.99%
Price / MA100:	+5.59%
Price / MAexp7:	+3.00%
Price / MAexp20:	+3.75%
Price / MAexp50:	+4.05%
Price / MAexp100:	+6.36%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on FIRST CITIZENS BANCSHARES INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia AI

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