First Bancorp's 15min chart shows bullish KDJ Golden Cross and Marubozu.

Based on the 15-minute chart of First Bancorp, a bullish trend has been identified, as the stock price has triggered a Golden Cross in the KDJ indicator and a Bullish Marubozu pattern on August 14, 2025 at 13:15. This suggests that the momentum of the stock price is shifting towards the upside, indicating a potential increase in value. The dominance of buyers in the market and the continuation of bullish momentum are likely to persist.

Based on the 15-minute chart of First Bancorp (FBP), a bullish trend has been identified, as the stock price has triggered a Golden Cross in the KDJ indicator and a Bullish Marubozu pattern on August 14, 2025, at 13:15. This suggests that the momentum of the stock price is shifting towards the upside, indicating a potential increase in value. The dominance of buyers in the market and the continuation of bullish momentum are likely to persist.

The KDJ Golden Cross, a technical indicator, occurs when the K line crosses above the D line, often seen as a bullish signal indicating a potential shift in the stock's momentum towards the upside [1]. The Bullish Marubozu, a candlestick pattern characterized by a long body with no shadows above or below, suggests that the stock is being driven by strong buying pressure [2]. This bullish trend is not isolated to First Bancorp. Other stocks such as Capital City Bank and Sezzle have also shown similar technical patterns, indicating a broader trend of narrowing Bollinger Bands and KDJ Death Cross formations [3, 4].

In addition to the technical indicators, several analyst ratings and price targets have been updated recently, providing valuable insights into the potential performance of various stocks. Wells Fargo & Company has set a new price target for First Bancorp shares, raising it from $22.00 to $25.00 and giving the stock an "overweight" rating [1]. This suggests that analysts are optimistic about the stock's future performance.

First Bancorp operates as a bank holding company for FirstBank Puerto Rico, providing a range of financial products and services to consumers and commercial customers. The company operates through six segments: Commercial and Corporate Banking, Mortgage Banking, Consumer (Retail) Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations. The company's latest quarterly earnings data showed an earnings per share (EPS) of $0.50, topping analysts' consensus estimates by $0.03 [1]. The company also recently announced a quarterly dividend of $0.18 per share, with a dividend yield of 3.4% and a payout ratio of 38.30% [1].

While technical indicators provide valuable insights into potential stock price movements, it is crucial for investors to consider these signals in conjunction with fundamental analysis and broader market conditions. Investors should monitor the company's financial performance, analyst ratings, and price targets to make informed investment decisions.

References:

[1] https://www.marketbeat.com/instant-alerts/filing-public-sector-pension-investment-board-raises-stock-holdings-in-first-bancorp-nysefbp-2025-08-13/
[2] https://www.ainvest.com/news/bancorp-15-min-chart-shows-bullish-signals-kdj-golden-cross-bullish-marubozu-2508/