In its most recent trading session, First Citizens BancShares, Inc. (NASDAQ:FCNCA) dropped by -1.1% – here is what that looked like (as of 2020-01-06):
What’s the reason for these moves? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. The most interesting and telling are these ones:
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 0.042, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 3.83, an Accumulation/Distribution Index (ADI) of 3.83, an On-Balance Volume (OBV) of 10607.664, and a Chaiikin Money Flow (CMF) of 537.48. 16.464
So what do these technical indicators mean? Let’s see. According to Trading View, we can conclude the following:
So there you have it – our analysis of First Citizens BancShares, Inc. (NASDAQ:FCNCA). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.