After completing its last trading session, First Bancorp (NASDAQ:FBNC) dropped by -1.1% – here is what that looked like (as of 2020-01-06):
What’s the reason for these moves? To understand this better, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of 0.01, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.408, an Accumulation/Distribution Index (ADI) of 0.408, an On-Balance Volume (OBV) of 859.562, and a Chaiikin Money Flow (CMF) of 39.86. 2.592
So what do these technical indicators mean? Let’s see. Consulting Trading View, we can conclude the following:
So there you have it – our analysis of First Bancorp (NASDAQ:FBNC). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.