RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of FCCO
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Stronger technical forecast for First Community Corporation stock price after Wednesday trading.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 20, 2024 Loss -2.22% PDF

The First Community Corporation stock price gained 1.30% on the last trading day (Wednesday, 27th Mar 2024), rising from $16.98 to $17.20. During the last trading day the stock fluctuated 3.57% from a day low at $16.80 to a day high of $17.40. The price has fallen in 6 of the last 10 days and is down by -0.41% for this period. Volume fell on the last day by -3 thousand shares and in total, 26 thousand shares were bought and sold for approximately $453.08 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -16.63% during the next 3 months and, with a 90% probability hold a price between $12.60 and $15.00 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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FCCO Signals & Forecast

The First Community Corporation stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $17.26. On a fall, the stock will find some support from the long-term average at approximately $16.96. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Monday, March 04, 2024, and so far it has risen 6.70%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for First Community Corporation stock

First Community Corporation finds support from accumulated volume at $17.03 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.600 between high and low, or 3.57%. For the last week the stock has had daily average volatility of 3.85%.

Our recommended stop-loss: $16.31 (-5.18%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 17 days ago.)

Trading Expectations (FCCO) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect First Community Corporation to open at $17.13, and during the day (based on 14 day Average True Range), to move between $16.57 and $17.83, which gives a possible trading interval of +/-$0.626 (+/-3.64%) up or down from last closing price. If First Community Corporation takes out the full calculated possible swing range there will be an estimated 7.28% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $17.03 (0.99%) than the resistance at $17.40 (1.16%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is First Community Corporation stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 2.570 Buy Candidate Upgraded

Predicted Opening Price for First Community Corporation of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$17.13 ( 0.388%) $17.20

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for FCCO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 17.73 3.10 %
R2 17.50 1.77 %
R1 17.36 0.94 %
Current price: 17.20
Support S1 16.90 -1.72 %
S2 16.76 -2.54 %
S3 16.53 -3.88 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 19.00 10.47 %
R2 17.59 2.27 %
R1 17.40 1.16 %
Current price 17.20
Support S1 17.03 -0.99%
S2 17.00 -1.16%
S3 16.30 -5.23%

FCCO Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 24, 2024 Feb 05, 2024 Feb 20, 2024 $0.140 0.85%
2 Oct 18, 2023 Oct 30, 2023 Nov 14, 2023 $0.140 0.80%
3 Jul 18, 2023 Jul 31, 2023 Aug 15, 2023 $0.140 0.789%
4 Apr 18, 2023 May 01, 2023 May 16, 2023 $0.140 0.81%
5 Jan 18, 2023 Jan 30, 2023 Feb 14, 2023 $0.140 0.707%

FAQ

What is the symbol for First Community Corporation Stock and on which exchange is it traded?
The symbol for First Community Corporation is FCCO and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell First Community Corporation Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy First Community Corporation Stock?
First Community Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy First Community Corporation Stock.

What's the current price of First Community Corporation Stock?
As of the end of day on the 2024-03-27, the price of an First Community Corporation (FCCO) share was $17.20.

What is the 52-week high and low for First Community Corporation Stock?
The 52-week high for First Community Corporation Stock is $21.90 and the 52-week low is $16.01.

What is the market capitalization of First Community Corporation Stock?
As of the 2024-03-27, the market capitalization of First Community Corporation is 131.219M.

When is the next earnings date for First Community Corporation?
The upcoming earnings date for First Community Corporation is Apr 17, 2024.
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About First Community Corporation

First Community First Community Corporation operates as the bank holding company for First Community Bank which offers various commercial and retail banking products and services to small-to-medium sized businesses, professional concerns, and individuals. The company operates through Commercial and Retail Banking, Mortgage Banking, and Investment Advisory and Non-Deposit segments. Its deposit products include checking, NOW, savings, and individual retirement acc... FCCO Profile

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