Exchanges: NASDAQ | NYSE | XLON | AMS | ADS | TSE | BRU
Weaker Buy Today FCNCA ranks #1155 as BUY CANDIDATE #1155 Stronger Buy

FCNCA stock forecast First Citizens BancShares

FCNCA stock forecast

Wednesday June 19, 2019 Change 1.90% Price $440.28
Chart period: 2019-03-20 - 2019-06-19
VOLUME
Buy
TREND
Buy
MV LONG
Sell

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

Will FCNCA stock price go up or down on Fri, 21 Jun 2019?

Predict

First Citizens BancShares Forecast and Stock Analysis

Technical FCNCA stock analysis for Wednesday June 19, 2019.

Buy candidate since 2019-06-19


First Citizens BancShares gained 1.90% in the last trading day ( Wednesday, 19th Jun 2019 ), rising from $432.09 to $440.28 , and 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 day the stock fluctuated 2.79% from a day low at $432.74 to a day high of $444.81. The price has fallen in 6 of the last 10 days , but is still up by 0.21% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 30 080 more shares were traded than the day before. In total, 81 423 shares bought and sold for approximately $35.85 million.

Quick summary:

  • 30 day high of the FCNCA stock price was $451.49 and low was $418.41.
  • 90 day high was $462.64 and low was $381.50.
  • 52 week high for the First Citizens BancShares - $488.44 and low - $355.18.

Trend

First Citizens BancShares lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 6.44% during the next 3 months and, with 90% probability hold a price between $440.02 and $504.27 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

A buy signal was issued from a pivot bottom point on Monday June 17, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. First Citizens BancShares holds a buysignal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $440.56. On a fall, the stock will find some support from the short-term average at $433.91. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 62 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

First Citizens BancShares finds support from accumulated volume at $435.85.

Support: $435.85 Price: $440.28 Resistance: $445.23

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $12.07 (2.79%) between high and low. For the last week, the stock has had a daily average volatility of 2.42%.

Our recommended stoploss: $418.29 (-4.99%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 2 days ago.)

2.42 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Buy Candidate.

Buy Candidate Upgraded
Weaker Buy Today FCNCA ranks #1155 as BUY CANDIDATE #1155 Stronger Buy

Will FCNCA stock price go up or down on Fri, 21 Jun 2019?

Predict

Proudly made at

Rise Vilnius
in partnership with
Barclays Bank