Our Analysis of First Citizens BancShares, Inc. (NASDAQ:FCNCA) (2020-01-06)

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REPORTING FOR 2020-01-06 | WCX19.ORG: We have done an in-depth analysis of how FCNCA has been trading over the last 2 weeks and the past day especially. On its latest session, First Citizens BancShares, Inc. (NASDAQ:FCNCA) opened at 533.0, reaching a high of 533.485 and a low of 529.25 before closing at a price of 531.8. There was a total volume of 30762.

VOLUME INDICATORS FOR FIRST CITIZENS BANCSHARES, INC. (NASDAQ:FCNCA): We saw an accumulation-distribution index of 10607.66367, an on-balance volume of 537.48, chaikin money flow of 16.46392 and a force index of 1.0373. There was an ease of movement rating of -0.01496, a volume-price trend of 46.87878 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR FIRST CITIZENS BANCSHARES, INC. (NASDAQ:FCNCA): We noted an average true range of 3.83022, bolinger bands of 532.7913, an upper bollinger band of 527.5587, lower bollinger band of 529.25, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 531.91167, high band keltner channel of 531.42667, low band keltner channel of 532.39667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 529.25, a donchian channel low band of 529.25, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR FIRST CITIZENS BANCSHARES, INC. (NASDAQ:FCNCA): We calculated a Moving Average Convergence Divergence (MACD) of 0.04151, a MACD signal of 0.02306, a MACD difference of 0.01845, a fast Exponential Moving Average (EMA) indicator of 529.25, a slow Exponential Moving Average (EMA) indicator of 529.25, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.16775, a trix of 5.14421, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -43.19844, a KST Oscillator (KST) of 88.87625 and a KST Oscillator (KST Signal) of 88.87625 (leaving a KST difference of 0.95155). We also found an Ichimoku rating of 533.2425, an Ichimoku B rating of 533.2425, a Ichimoku visual trend A of 498.72945, an Ichimoku visual trend B of 509.2563, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR FIRST CITIZENS BANCSHARES, INC. (NASDAQ:FCNCA): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 92.01251, a stochastic oscillator of 873.19588, a stochastic oscillator signal of 873.19588, a Williams %R rating of 773.19588 and an awesome oscillator of 0.41592.

RETURNS FOR FIRST CITIZENS BANCSHARES, INC. (NASDAQ:FCNCA): There was a daily return of 8.88763, a daily log return of 0.34894 and a cumulative return of 0.34955.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2020-01-06 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for First Citizens BancShares, Inc. (NASDAQ:FCNCA)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling First Citizens BancShares, Inc. (NASDAQ:FCNCA) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.