It is clear that First Republic Bank (FRC) has experienced a significant decline in its stock price over the last three months, falling by -88.8% to reach $14.16 per share. This makes FRC one of the top losers in the Regional Banks Industry during this period, according to A.I.dvisor's analysis of 986 stocks in the industry.
One notable indicator of FRC's recent performance is its RSI Oscillator, which has been sitting in the oversold zone for 22 days. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements, with readings below 30 generally considered as oversold. The fact that FRC's RSI Oscillator has remained in the oversold zone for a significant period of time suggests that the stock may be undervalued and could potentially rebound in the near future.
Furthermore, A.I.dvisor's analysis of the Regional Banks Industry indicates that only 6.69% of stocks in the industry have exhibited an uptrend, while a significant majority of 93.31% have demonstrated a downtrend. This suggests that FRC's decline is not an isolated incident, but rather reflective of broader market trends in the regional banking sector.
Despite its significant decline, there may be hope for FRC investors as the stock's prolonged stay in the oversold zone could be an indication of an impending uptrend. Technical analysts often consider the length of time a stock remains in oversold or overbought territory as a potential signal for a reversal in price direction. In this case, the 22-day period of oversold conditions for FRC may suggest that a rebound could be imminent.
It's worth noting that other factors, such as overall market conditions, industry trends, and company-specific news, should also be considered when analyzing a stock's performance. Technical analysis is just one approach to evaluating stock price movements and should be used in conjunction with other types of analysis for a comprehensive assessment.
First Republic Bank (FRC) has experienced a significant decline in its stock price over the last three months, falling by -88.8% and making it one of the top losers in the Regional Banks Industry. However, the stock's RSI Oscillator has been in the oversold zone for 22 days, potentially indicating a rebound in the near future. As with any investment decision, it's important to consider multiple factors and conduct thorough research before making any investment decisions based on technical analysis.
The Aroon Indicator for FRC entered a downward trend on April 28, 2023. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 206 similar instances where the Aroon Indicator formed such a pattern. In of the 206 cases the stock moved lower. This puts the odds of a downward move at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
FRC 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 Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued 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: FRC's P/B Ratio (0.047) is slightly lower than the industry average of (0.944). P/E Ratio (0.425) is within average values for comparable stocks, (14.767). Projected Growth (PEG Ratio) (0.300) is also within normal values, averaging (2.156). FRC's Dividend Yield (0.308) is considerably higher than the industry average of (0.048). FRC's P/S Ratio (0.111) is slightly lower than the industry average of (2.377).
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 slightly worse than average price growth. FRC’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
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. FRC’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 85, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows