Technical Analysis for FGBIP - First Guaranty Bancshares, Inc. - 6.75% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock

Grade Last Price % Change Price Change
A 18.62 -2.92% -0.56
FGBIP closed down 2.92 percent on Monday, April 22, 2024, on 1.37 times normal volume. It was able to find support at its 50 day moving average. It was able to bounce off of its 200 day moving average, an important long-term support line. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Down

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 0.00%
20 DMA Support Bullish 0.00%
200 DMA Support Bullish 0.00%
50 DMA Support Bullish 0.00%
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Wide Range Bar Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
Cup with Handle Other -2.92%

   Recent Intraday Alerts

Alert Time
200 DMA Support about 15 hours ago
2x Volume Pace about 15 hours ago
Down 5% about 15 hours ago
Down 3% about 15 hours ago
Fell Below 50 DMA about 15 hours ago

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Profile

First Guaranty Bancshares, Inc. - 6.75% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock Description

First Guaranty Bancshares, Inc. operates as the holding company for First Guaranty Bank that provides commercial banking services in Louisiana and Texas. It offers various deposit products, including personal and business checking, savings, money market, and demand accounts, as well as time deposits to consumers, small businesses, and municipalities. The company also provides loans, such as non-farm, non-residential loans secured by real estate, commercial and industrial loans, one- to four-family residential loans, multifamily loans, construction and land development loans, agricultural loans, farmland loans, and consumer and other loans to small to medium-sized businesses and professionals, and individuals. In addition, it offers a range of consumer services, including credit cards, mobile deposit capture, safe deposit boxes, official checks, online and mobile banking, automated teller machines, and online bill pay; provides additional solutions, such as merchant services, remote deposit capture, and lockbox services to business customers; and invests a portion of its assets in securities issued by the United States Government and its agencies, state and municipal obligations, corporate debt securities, mutual funds, and equity securities, as well as invests in mortgage-backed securities primarily issued or guaranteed by United States Government agencies or enterprises. First Guaranty Bancshares, Inc. was founded in 1934 and is headquartered in Hammond, Louisiana.


Classification

Sector: Financial Services
Industry: Banks - Regional
Keywords: Bank Deposit Products Mobile Banking Banking Services Merchant Services Consumer Services Online Bill Pay Lockbox Services

Is FGBIP a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 20.64
52 Week Low 14.541
Average Volume 1,657
200-Day Moving Average 17.79
50-Day Moving Average 18.59
20-Day Moving Average 18.38
10-Day Moving Average 19.01
Average True Range 0.51
RSI (14) 50.25
ADX 20.33
+DI 24.72
-DI 46.58
Chandelier Exit (Long, 3 ATRs) 17.97
Chandelier Exit (Short, 3 ATRs) 18.60
Upper Bollinger Bands 19.84
Lower Bollinger Band 16.92
Percent B (%b) 0.58
BandWidth 15.87
MACD Line 0.19
MACD Signal Line 0.12
MACD Histogram 0.0699
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 20.89
Resistance 3 (R3) 20.74 19.83 20.52
Resistance 2 (R2) 19.83 19.25 19.91 20.39
Resistance 1 (R1) 19.23 18.89 18.77 19.38 20.26
Pivot Point 18.31 18.31 18.09 18.39 18.31
Support 1 (S1) 17.71 17.74 17.25 17.86 16.98
Support 2 (S2) 16.80 17.38 16.87 16.85
Support 3 (S3) 16.19 16.80 16.72
Support 4 (S4) 16.35