Technical Analysis for FBNK - First Connecticut Bancorp, Inc.
|Grade||Last Price||% Change||Price Change|
FBNK closed down 1.69 percent on Monday, August 21, 2017, on 44 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Trend Table & Recent Alerts
|See historical FBNK trend table...|
|Date||Alert Name||Type||% Chg|
|Aug 21||NR7||Range Contraction||0.00%|
|Aug 21||Narrow Range Bar||Range Contraction||0.00%|
|Aug 18||200 DMA Resistance||Bearish||-1.69%|
|Aug 18||Bullish Engulfing||Bullish||-1.69%|
|Aug 18||Stochastic Reached Oversold||Other||-1.69%|
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First Connecticut Bancorp, Inc. operates as the holding company for Farmington Bank that provides consumer and commercial banking services to businesses, individuals, and governments in Central Connecticut. The company offers a range of deposit instruments, including checking and savings accounts, money market savings accounts, negotiable order of withdrawal accounts, demand deposits, and fixed-rate time deposits. It also provides various loans, such as one-to-four family residential real estate loans; commercial real estate loans; construction loans, including commercial construction loans and real estate subdivision development loans to developers, licensed contractors, and builders for the construction and development of commercial real estate projects and residential properties, as well as loans to individuals and contractors for the construction and acquisition of personal residences; commercial loans consisting of term loans, revolving lines of credit for working capital needs, equipment lines of credit to facilitate the purchase of equipment, and letters of credit; home equity loans and home equity lines of credit secured by owner-occupied one-to-four family residences; and consumer loans, including installment, demand, revolving credit, and collateral loans. The company operates 20 full service branch offices, 4 limited services offices, and 2 stand-alone ATM facilities in Hartford County. First Connecticut Bancorp, Inc. was founded in 1851 and is headquartered in Farmington, Connecticut.
Is FBNK a Buy, Sell or Hold?
|Indicator||Bull Case||Neutral / Hold||Bear Case|
|Oversold / Overbought|
|Summary:||Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.|
See more FBNK news...
|52 Week High||27.43|
|52 Week Low||16.43|
|200-Day Moving Average||23.9305|
|50-Day Moving Average||25.527|
|20-Day Moving Average||24.6475|
|10-Day Moving Average||23.835|
|Average True Range||0.6216|
|Chandelier Exit (Long, 3 ATRs)||24.6852|
|Chandelier Exit (Short, 3 ATRs)||25.1148|
|Upper Bollinger Band||26.473|
|Lower Bollinger Band||22.822|
|Percent B (%b)||0.13|
|MACD Signal Line||-0.5273|