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.
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First Cash Financial Services stock downgraded to Hold/Accumulate
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 12, 2024 Gain 6.30% PDF

The First Cash Financial Services stock price gained 1.91% on the last trading day (Wednesday, 27th Mar 2024), rising from $123.85 to $126.21. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.88% from a day low at $124.02 to a day high of $126.35. The price has risen in 7 of the last 10 days and is up by 4.86% over the past 2 weeks. Volume fell on the last day by -44 thousand shares and in total, 136 thousand shares were bought and sold for approximately $17.16 million. 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 upper part of a strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $126.79 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 11.43% during the next 3 months and, with a 90% probability hold a price between $132.11 and $141.29 at the end of this 3-month period.

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FCFS Signals & Forecast

The First Cash Financial Services stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $122.11 and $118.20. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, February 29, 2024, and so far it has risen 10.23%. 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). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for First Cash Financial Services stock

On the downside, the stock finds support just below today's level from accumulated volume at $118.68 and $118.37. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, First Cash Financial Services finds support just below today's level at $118.68. If this is broken, then the next support from accumulated volume will be at $118.37 and $114.77.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $2.33 between high and low, or 1.88%. For the last week, the stock has had daily average volatility of 2.10%.

The First Cash Financial Services stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought and the RSI is still moving upwards. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely, and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $120.18 (-4.78%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 76 and this increases the risk substantially. There is a buy signal from a pivot bottom found 19 days ago.)

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

For the upcoming trading day on Thursday, 28th we expect First Cash Financial Services to open at $125.53, and during the day (based on 14 day Average True Range), to move between $123.69 and $128.73, which gives a possible trading interval of +/-$2.52 (+/-2.00%) up or down from last closing price. If First Cash Financial Services takes out the full calculated possible swing range there will be an estimated 4.00% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $118.68, some $7.53 (5.97%) from the current price of $126.21, our system finds the risk reward attractive.

Is First Cash Financial Services stock A Buy?

First Cash Financial Services holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Hold/Accumulate candidate.

Current score: 0.000 Hold/Accumulate Downgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for First Cash Financial Services of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$125.53 ( 0.541%) $126.21

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

Trading levels for FCFS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 127.86 1.30 %
R2 126.97 0.599 %
R1 126.42 0.164 %
Current price: 126.21
Support S1 124.64 -1.25 %
S2 124.09 -1.68 %
S3 123.20 -2.39 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 126.21
Support S1 118.68 -5.97%
S2 118.37 -6.21%
S3 114.77 -9.06%

FCFS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 01, 2024 Feb 13, 2024 Feb 28, 2024 $0.350 0.302%
2 Oct 26, 2023 Nov 14, 2023 Nov 30, 2023 $0.350 0.313%
3 Jul 26, 2023 Aug 14, 2023 Aug 31, 2023 $0.350 0.392%
4 Apr 26, 2023 May 12, 2023 Aug 31, 2023 $0.330 0.369%
5 Feb 01, 2023 Feb 13, 2023 May 31, 2023 $0.330 0.335%

FAQ

What is the symbol for First Cash Financial Services Stock and on which exchange is it traded?
The symbol for First Cash Financial Services is FCFS and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell First Cash Financial Services Stock?
First Cash Financial Services holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Hold/Accumulate candidate.

How to buy First Cash Financial Services Stock?
First Cash Financial Services 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 Cash Financial Services Stock.

What's the current price of First Cash Financial Services Stock?
As of the end of day on the 2024-03-27, the price of an First Cash Financial Services (FCFS) share was $126.21.

What is the 52-week high and low for First Cash Financial Services Stock?
The 52-week high for First Cash Financial Services Stock is $126.35 and the 52-week low is $88.05.

What is the market capitalization of First Cash Financial Services Stock?
As of the 2024-03-27, the market capitalization of First Cash Financial Services is 5.693B.

When is the next earnings date for First Cash Financial Services?
The upcoming earnings date for First Cash Financial Services is Apr 25, 2024.
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About First Cash Financial Services

First Cash Financial Services FirstCash Holdings, Inc, together with its subsidiaries, operates retail pawn stores in the United States, Mexico, and rest of Latin America. Its pawn stores lend money on the collateral of pledged personal property, including jewelry, electronics, tools, appliances, sporting goods, and musical instruments; and retails merchandise acquired through collateral forfeitures on forfeited pawn loans and over-the-counter purchases of merchandise directl... FCFS Profile

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