First Citizens Bancshares MACD Death Cross, Bollinger Bands Narrowing, Bearish Marubozu Detected

Based on the 15-minute chart of First Citizens Bancshares, the MACD indicator has triggered a death cross, Bollinger Bands are narrowing, and a bearish Marubozu has been observed on July 14, 2025 at 10:15. This suggests that the stock price has the potential to continue its downward trend, with a decrease in the magnitude of price fluctuations, dominance of selling pressure in the market, and a continuation of bearish momentum.

Based on the 15-minute chart of First Citizens Bancshares (FCNCA), several technical indicators have triggered, suggesting a potential continuation of the stock's downward trend. On July 14, 2025, at 10:15, the MACD indicator triggered a death cross, Bollinger Bands began to narrow, and a bearish Marubozu was observed [1]. These indicators collectively point to a decrease in the magnitude of price fluctuations, dominance of selling pressure in the market, and a continuation of bearish momentum.

The MACD (Moving Average Convergence Divergence) death cross occurs when the MACD line crosses below the signal line, signaling a potential trend reversal. The narrowing of Bollinger Bands indicates a decrease in volatility, which often precedes a trend change. The bearish Marubozu, which forms when the stock closes at the highest or lowest price of the period with no wicks, indicates a strong bearish trend [1].

Market sentiment appears to be bearish, with sellers dominating the market. Institutional investors own 78.01% of the company's stock, and insiders own 13.40% of the stock, indicating significant confidence in the company's future prospects [1]. First Citizens Bancshares reported earnings of $37.79 per share for the quarter, beating the consensus estimate of $37.72 by $0.07. However, the stock's recent performance has been driven more by technical indicators and market sentiment than by earnings. The stock has a debt-to-equity ratio of 1.77, a quick ratio of 1.04, and a current ratio of 1.04, indicating a relatively strong financial position [1].

Analysts have provided a range of ratings for the stock, with a consensus target price of $2,291.08 and an average rating of "Moderate Buy." However, the recent technical indicators suggest a potential downward trend, which could impact the stock's price in the short to medium term [1].

Several large investors have also added to or reduced their stakes in the company. Horst & Graben Wealth Management LLC purchased 122 shares of the bank's stock, valued at approximately $226,000, in the first quarter. Norges Bank purchased a new stake in shares of First Citizens BancShares in the 4th quarter worth about $298,426,000. GAMMA Investing LLC increased its stake in shares of First Citizens BancShares by 169,861.1% in the 1st quarter. JPMorgan Chase & Co. increased its stake in shares of First Citizens BancShares by 35.7% in the 4th quarter [2].

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Friday, May 30th were paid a dividend of $1.95 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a $7.80 dividend on an annualized basis and a dividend yield of 0.38% [2].

References:
[1] https://www.ainvest.com/news/citizens-bancshares-chart-shows-macd-death-cross-bollinger-bands-narrowing-bearish-marubozu-2507/
[2] https://www.marketbeat.com/instant-alerts/filing-horst-graben-wealth-management-llc-makes-new-226000-investment-in-first-citizens-bancshares-inc-nasdaqfcnca-2025-07-07/