FIRST CITIZENS BANCSHARES INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Change:	-
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Type:	Stocks
Ticker:	FCNCA
ISIN:

FIRST CITIZENS BANCSHARES INC. - 1H - Technical analysis published on 04/22/2024 (GMT)

150
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04/22/2024 - 15:45
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Timeframe : 1H
- Analysis generated on 04/22/2024 - 15:45
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

89%

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

7.1

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

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.

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:

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:

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:

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:

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:

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:

Bearish harami

Type : Bearish

Timeframe : 1 hour

Doji

Type : Neutral

Timeframe : 1 hour

Bearish harami cross

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
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
Standard	1,511.29	1,523.90	1,545.63	1,558.24	1,579.97	1,592.58	1,614.31
Camarilla	1,557.92	1,561.06	1,564.21	1,567.36	1,570.51	1,573.66	1,576.80
Woodie	1,515.85	1,526.18	1,550.19	1,560.52	1,584.53	1,594.86	1,618.87
Fibonacci	1,523.90	1,537.02	1,545.12	1,558.24	1,571.36	1,579.46	1,592.58

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):	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 : 04/22/2024 - 15:18 - 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:

06/03/2021 - 16:01 First Citizens Launches Streamlined Solution for Securities-Based Lines of Credit
04/13/2021 - 15:15 Nolan Joins First Citizens as Director of Investment Strategy
12/14/2020 - 19:00 Biliter Joins First Citizens Investor Services as President
04/16/2019 - 17:38 Gilland Joins First Citizens Bank as Director of Private Banking
07/20/2017 - 13:12 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.

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