First Bancorp Stock Technical Analysis

FNLC Stock  USD 28.60  0.55  1.96%   
As of the 22nd of November, First Bancorp shows the Downside Deviation of 2.18, coefficient of variation of 1250.29, and Mean Deviation of 1.67. First Bancorp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

First Bancorp Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as First, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to First
  
First Bancorp's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
First Bancorp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of First Bancorp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of First Bancorp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

First Bancorp Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of First Bancorp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

First Bancorp Trend Analysis

Use this graph to draw trend lines for First Bancorp. You can use it to identify possible trend reversals for First Bancorp as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual First Bancorp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

First Bancorp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for First Bancorp applied against its price change over selected period. The best fit line has a slop of   0.04  , which means First Bancorp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 64.67, which is the sum of squared deviations for the predicted First Bancorp price change compared to its average price change.

About First Bancorp Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of First Bancorp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of First Bancorp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on First Bancorp price pattern first instead of the macroeconomic environment surrounding First Bancorp. By analyzing First Bancorp's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of First Bancorp's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to First Bancorp specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.04070.04520.04920.0302
Price To Sales Ratio4.03.523.946.44

First Bancorp November 22, 2024 Technical Indicators

Most technical analysis of First help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for First from various momentum indicators to cycle indicators. When you analyze First charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Complementary Tools for First Stock analysis

When running First Bancorp's price analysis, check to measure First Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Bancorp is operating at the current time. Most of First Bancorp's value examination focuses on studying past and present price action to predict the probability of First Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Bancorp's price. Additionally, you may evaluate how the addition of First Bancorp to your portfolios can decrease your overall portfolio volatility.
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