Flagstar Bancorp Inc Nyse Fbc Stock Technicals Hit Weakness

Flagstar Bancorp Inc (NYSE:FBC) Stock Technicals Hit Weakness

Flagstar Bancorp Inc technical rating as of
(FBC Stock Price as of Publication: $25.75)

This is a technical analysis stock rating for Flagstar Bancorp Inc (NYSE:FBC) . The company has a two bull technical rating which indicates some weakness. While the value investor may see an opportunity to scoop up the stock at lower levels, for now, the stock price is moving lower and may yet weaken further.

FBC is down -6.6% over the last three months and down -2.4% over the last six months. The stock price is up +25.5% over the last year. The current stock price is $25.75.

FBC Stock Returns
The technical rating goes from one, the weakest upside technical, to five, the highest upside technical and focuses on the real-time stock price relative to various moving averages as well as moving averages relative to each other. This is a proprietary weighted technical model built by Capital Market Labs (CML).

Note the stock price at publication ($25.75), since the technical rating is based on intraday stock prices.

Technicals   |   Support: 20.68   |   Resistance: 27.06   

Golden Cross Alert: The 50 day MA is now above the 200 day moving average.
Swing Death Cross Alert: The short-term 10 day moving average is now below the 50 day moving average.

Flagstar Bancorp Inc has a two bull (momentum weakness) technical rating because it's trading below the 10 day , 50 day and 200 day simple moving averages. The fact that the 50 day moving average is above the 200 day moving average ("golden cross") does bring the technical rating up from the lowest rung.

The general theory behind ratings follows the line of thought that as stock prices rise or fall abruptly, they appear on various scan results and that creates a reinforcing trend for the stock price in a direction. It's a mix of art and science, but for the technically focused trader it can be a powerful input to the overall analysis.

Flagstar Bancorp Inc (NYSE:FBC) rating statistics:
10-day moving average: $26.59
50-day moving average: $27.44
200-day moving average: $25.98