Might First NBC Bank Holding Co. (NASDAQ:FNBC) get complicated?


First NBC Bank Holding Company is a bank holding company that conducts its business activities through its subsidiary, First NBC Bank. The company offers personal and commercial banking services to businesses, professionals and individuals. Its services includes checking accounts, savings accounts, money market deposits, negotiable order of withdrawal accounts, sweep accounts, certificates of deposits , business term loans , loans to purchase cars, boats and other recreational vehicles as well as trustee, custodial and escrow services . First NBC Bank Holding Company is headquartered in New Orleans, Louisiana.

The Exponential Moving Average (EMA) is similar to a simple moving average (average price over a set period) but it utilizes a weighting factor that exponentially declines from the most recent data point (recent prices are weighted higher than oid prices). EMA analysis compares the short term (5 days and 13 days), intermediate term (20 days) and long term (50 days) EMA’s. The respective EMA’s will give bullish signals when trading above trailing EMA’s and below the current price and vice versa. EMA alerts include crossovers (i.e the 5 day EMA crosses above/below the 20 day EMA) and EMA convergencies (5 day EMA equivalent to 13 day EMA). The 5 day EMA 1.01 is higher than the last trade price suggesting a short term bearish pattern building up. Long term, the 50 day EMA 3.59 is also higher than the current trading price depicting a bearish trend overall..

The Barchart Technical Opinion rating is a 100% Sell with a Strengthening short term outlook on maintaining the current direction. Longer term, the trend strength is in the Top 1%. Long term indicators fully support a continuation of the trend. The market is in highly oversold territory. Beware of a trend reversal.

First NBC Bank Holding Company (NASDAQ:FNBC) is all set to announce its earnings on Feb 02/a. As per Zack’s analyst ratings, First NBC Bank Holding Company (NASDAQ:FNBC) currently has an average brokerage rating of 2.33. On a scale of 1 to 5, a rating of 1 or 2 would indicate a buy, and a rating of 4 or 5 would signify a sell recommendation. A rating of 3 would indicate a hold on the stock. The consensus target price on (NASDAQ:FNBC) is $5.5 with a high of $5.5 and a low of $5.5.

The relative strength index (RSI) is a momentum oscillator that is able to measure the velocity and magnitude of stock price changes. Momentum is calculated as the ratio of positive price changes to negative price changes. The RSI analysis compares the current RSI against neutral(50), oversold (30) and overbought (70) conditions. Alerts will inform you when stocks recede from oversold/overbought levels or breakthrough neutral (50). The current RSI is 14.85 suggesting a bearish price action.

First NBC Bank Holding Company (NASDAQ:FNBC) has been in the news for all the right reasons. Recently, First NBC Bank Holding Company (NASDAQ:FNBC) announced that it received a letter from the staff of Nasdaq today advising the company that it has determined that First NBC’s common stock will be delisted from the Nasdaq Global Select Market. According to the Nasdaq Staff Determination Letter, the determination to delist First NBC’s securities was based on the commencement of the receivership of First NBC Bank, First NBC’s principal asset and wholly-owned operating subsidiary. The letter also indicated that First NBC’s failure to file its periodic reports as required by Listing Rule 5250(c)(1) served as an additional basis for delisting

As such, while we believe First NBC Bank Holding Company (NASDAQ:FNBC) represents a compelling growth story exposed to several secularly attractive markets, it would be interesting to see how it fairs for long-term investors.

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