FIRST CITIZENS BANCSHARES INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	FCNCA
ISIN:

FIRST CITIZENS BANCSHARES INC. - 1H - Technical analysis published on 06/25/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

50%

39%

My opinion

Bearish under 1,662.80 USD

My targets

1,616.30 USD (-1.39%)

1,506.51 USD (-8.09%)

My analysis

The bearish trend is currently very strong for FIRST CITIZENS BANCSHARES INC.. As long as the price remains below the resistance at 1,662.80 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 1,616.30 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1,506.51 USD as an objective. Crossing it would then enable sellers to target 1,371.19 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

7.3

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. price is 1,639.11 USD. The price is lower by -0.11% since the last closing and was traded between 1,626.61 USD and 1,655.63 USD over the period. The price is currently at +0.77% from its lowest and -1.00% from its highest.

1,626.61

1,655.63

1,639.11

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend 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 study of the highest / lowest by the Central Records scanner shows the following result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of FIRST CITIZENS BANCSHARES INC. in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further decline is low given the direction of the technical indicators.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Aroon indicator bearish trend

Type : Bearish

Timeframe : 1 hour

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1,506.51	1,616.30	1,632.59	1,639.11	1,662.80	1,695.63	1,736.07
Change (%)	-8.09%	-1.39%	-0.40%	-	+1.45%	+3.45%	+5.92%
Change	-132.60	-22.81	-6.52	-	+23.69	+56.52	+96.96
Level	Major	Intermediate	Intermediate	-	Intermediate	Minor	Minor

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	1,598.41	1,614.48	1,627.70	1,643.77	1,656.99	1,673.06	1,686.28
Camarilla	1,632.88	1,635.56	1,638.25	1,640.93	1,643.62	1,646.30	1,648.99
Woodie	1,597.00	1,613.77	1,626.29	1,643.06	1,655.58	1,672.35	1,684.87
Fibonacci	1,614.48	1,625.67	1,632.58	1,643.77	1,654.96	1,661.87	1,673.06

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,559.02	1,587.66	1,616.89	1,645.53	1,674.76	1,703.40	1,732.63
Camarilla	1,630.21	1,635.51	1,640.82	1,646.12	1,651.43	1,656.73	1,662.03
Woodie	1,559.32	1,587.81	1,617.19	1,645.68	1,675.06	1,703.55	1,732.93
Fibonacci	1,587.66	1,609.77	1,623.42	1,645.53	1,667.64	1,681.29	1,703.40

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,515.19	1,592.10	1,645.27	1,722.18	1,775.35	1,852.26	1,905.43
Camarilla	1,662.66	1,674.58	1,686.51	1,698.43	1,710.35	1,722.28	1,734.20
Woodie	1,503.31	1,586.17	1,633.39	1,716.25	1,763.47	1,846.33	1,893.55
Fibonacci	1,592.10	1,641.79	1,672.49	1,722.18	1,771.87	1,802.57	1,852.26

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	46.87
MACD (12,26,9):	-1.5900
Directional Movement:	-13.82
AROON (14):	-71.42
DEMA (21):	1,640.96
Parabolic SAR (0,02-0,02-0,2):	1,625.67
Elder Ray (13):	-6.35
Super Trend (3,10):	1,661.86
Zig ZAG (10):	1,637.12
VORTEX (21):	0.8500
Stochastique (14,3,5):	23.67
TEMA (21):	1,640.53
Williams %R (14):	-68.36
Chande Momentum Oscillator (20):	-22.71
Repulse (5,40,3):	-0.4600
ROCnROLL:	2
TRIX (15,9):	0.0000
Courbe Coppock:	0.25

MA7:	1,642.71
MA20:	1,674.84
MA50:	1,686.79
MA100:	1,620.46
MAexp7:	1,639.74
MAexp20:	1,642.62
MAexp50:	1,646.88
MAexp100:	1,660.83
Price / MA7:	-0.22%
Price / MA20:	-2.13%
Price / MA50:	-2.83%
Price / MA100:	+1.15%
Price / MAexp7:	-0.04%
Price / MAexp20:	-0.21%
Price / MAexp50:	-0.47%
Price / MAexp100:	-1.31%

Quotes : - 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:

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

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