(FCNCA) Investment Analysis and Advice

April 21, 2024, 09:14 am ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for FCNCA

• Buy FCNCA slightly over 1475.64 target 1580.38 stop loss @ 1471.38 Details

The technical summary data tells us to buy FCNCA near 1475.64 with an upside target of 1580.38. This data also tells us to set a stop loss @ 1471.38 to protect against excessive loss in case the stock begins to move against the trade. 1475.64 is the first level of support below 1567.36 , and by rule, any test of support is a buy signal. In this case, support 1475.64 would be being tested, so a buy signal would exist.

• Short FCNCA slightly under 1580.38, target 1475.64, stop loss @ 1584.94 Details

The technical summary data is suggesting a short of FCNCA as it gets near 1580.38 with a downside target of 1475.64. We should have a stop loss in place at 1584.94though. 1580.38 is the first level of resistance above 1567.36, and by rule, any test of resistance is a short signal. In this case, if resistance 1580.38 is being tested, so a short signal would exist.

Swing Trading Plans for FCNCA

• Buy FCNCA slightly over 1580.38, target 1683.62, Stop Loss @ 1575.82 Details

If 1580.38 begins to break higher, the technical summary data tells us to buy FCNCA just slightly over 1580.38, with an upside target of 1683.62. The data also tells us to set a stop loss @ 1575.82 in case the stock turns against the trade. 1580.38 is the first level of resistance above 1567.36, and by rule, any break above resistance is a buy signal. In this case, 1580.38, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short FCNCA slightly near 1580.38, target 1566.98, Stop Loss @ 1584.94. Details

The technical summary data is suggesting a short of FCNCA if it tests 1580.38 with a downside target of 1566.98. We should have a stop loss in place at 1584.94 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 1580.38, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for FCNCA

• Buy FCNCA slightly over 1580.38, target 1683.62, Stop Loss @ 1576.69 Details

If 1580.38 begins to break higher, the technical summary data tells us to buy FCNCA just slightly over 1580.38, with an upside target of 1683.62. The data also tells us to set a stop loss @ 1576.69 in case the stock turns against the trade. 1580.38 is the first level of resistance above 1567.36, and by rule, any break above resistance is a buy signal. In this case, 1580.38, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short FCNCA slightly near 1580.38, target 1566.98, Stop Loss @ 1584.07. Details

The technical summary data is suggesting a short of FCNCA if it tests 1580.38 with a downside target of 1566.98. We should have a stop loss in place at 1584.07 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 1580.38, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for First Citizens Bancshares Inc. Class A Common Stock (FCNCA) available here: FCNCA.

FCNCA Ratings for April 21:

Term →	Near	Mid	Long
Rating	Weak	Weak	Strong
P1	0	0	1475.64
P2	1523.08	1521.86	1580.38
P3	1554.5	1566.98	1683.62

AI Generated Signals for FCNCA

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Prudent Investment Analysis requires observations of the support and resistance levels for First Citizens Bancshares Inc. Class A Common Stock (NASDAQ: FCNCA) too.  These define prudent trading plans.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for FCNCA change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if FCNCA is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for FCNCA too.  All of these are offered below the Summary Table.