FBR & Co. (NASDAQ:FBRC) Stock Technicals Hit Strength
(FBRC Stock Price as of Publication: $14.85)
This is a technical analysis stock rating for FBR & Co. (NASDAQ:FBRC) . The company has a four bull technical rating which indicates some strength. The risk here is a potentially overbought situation, but for now, the stock price is moving slightly higher and does have room to rise before it hits an overbought technical rating of five bulls.
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FBRC is up +25.3% over the last three months and up +4.1% over the last six months. The stock has returned -8.8% over the last year. The current stock price is $14.85.
FBRC Stock Returns
Note the stock price at publication ($14.85), since the technical rating is based on intraday stock prices.
Technicals | Support: 13.8 | Resistance: 15.1
Death Cross Alert: The 50 day moving average is now below the 200 day moving average.
Swing Golden Cross Alert: The short-term 10 day moving average is now above the 50 day moving average.
FBR & Co. has a four bull (high rated) technical rating because the stock is trading above its 10-, 50-and 200- day simple moving averages and even though the stock is down on the day, the 10 day moving average is above the 50 day moving average (also called a "swing golden cross").
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.
FBR & Co. (NASDAQ:FBRC) rating statistics:
10-day moving average: $14.44
50-day moving average: $13.38
200-day moving average: $14.79