Tickeron, a leading financial analytics platform, has recently expressed a positive outlook on a group of national bank tickers, including AMTB, ESQ, FBK, HOPE, and PRK. According to Tickeron's analysis, there is a strong possibility of further growth in these stocks, with a predicted increase of more than 4.00% within the next month. The likelihood of this projection stands at an impressive 62%.
One notable factor that supports Tickeron's positive outlook is the recent performance of these stocks. Over the last month, the daily ratio of advancing to declining volumes for this group was observed to be 1 to 1.13. This indicates a relatively balanced trading activity, suggesting that investors have shown significant interest in both buying and selling these stocks. Such equilibrium in trading volumes often reflects a healthy market sentiment.
Moreover, Tickeron has identified four specific stocks within this group that have further validated the positive outlook based on the Relative Strength Index (RSI) indicator. The RSI is a widely used technical analysis tool that measures the strength and momentum of a stock's price movement. In this case, these four stocks exhibited average odds of 72% in favor of continued positive growth.
With Tickeron's endorsement and confirmation from the RSI indicator, investors may find the national bank tickers AMTB, ESQ, FBK, HOPE, and PRK worthy of consideration for their investment portfolios.
FBK moved below its 50-day moving average on August 22, 2023 date and that indicates a change from an upward trend to a downward trend. In of 43 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .
The 10-day moving average for FBK crossed bearishly below the 50-day moving average on August 29, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FBK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for FBK entered a downward trend on September 21, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where FBK's RSI Indicator exited the oversold zone, of 26 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FBK advanced for three days, in of 282 cases, the price rose further within the following month. The odds of a continued upward trend are .
FBK may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. FBK’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.989) is normal, around the industry mean (0.983). P/E Ratio (9.699) is within average values for comparable stocks, (16.208). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.878). Dividend Yield (0.020) settles around the average of (0.045) among similar stocks. P/S Ratio (2.672) is also within normal values, averaging (2.480).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. FBK’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 84, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a major bank
A.I.dvisor indicates that over the last year, FBK has been closely correlated with PPBI. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if FBK jumps, then PPBI could also see price increases.