Market Read®

  • Wednesday, May 25 2016




First Community Bancshares, Inc. operates as a holding company for First Community Bank that provides various commercial banking products and services. It offers demand deposit accounts, savings and money market accounts, certificates of deposit, and individual retirement arrangements; commercial, consumer, and real estate mortgage loans, as well as lines of credit; various credit and debit cards, and automated teller machine card services; and corporate and personal trust services. It also provides wealth management services, including trust management, estate administration, and investment advisory services; investment management services; and life, health, and property and casualty insurance products. It serves individuals and businesses across various industries, such as manufacturing, construction, retail, healthcare, military, and transportation. As of December 31, 2015, the company operated 50 locations in Virginia, West Virginia, North Carolina, and Tennessee. First Community Bancshares, Inc. was founded in 1874 and is headquartered in Bluefield, Virginia.

Investment Highlights

  • PATTERN SCAN predicts the price of FCBC expected to move up in the coming weeks based on the appearance of a 'Trend Line Reversal(5+)' pattern. Specifically, a IEOD Trending (ARM4) variant of Trend Line Reversal(5+) has been detected. The target is $22.25. more
  • GROUP CORRELATION predicts the price of FCBC expected to move up to $21.58 in the coming weeks. more
  • SQUEEZETRIGGER predicts that when FCBC closes above $14.65, we expect a short squeeze to begin that could quickly drive the price of FCBC considerably higher.

Predictive Range May 20, 2016 - June 17, 2016

Anticipated price movement, between prediction date and target date, based on all market reads.
$21.09 - $21.91

How WealthMakers Market Reads Work:

WealthMakers Market Reads™ provide you with market performance predictions based on proprietary technologies, trading algorithms and data to help you make better, more informed investment decisions. Here's a quick review of our predictive technologies:

  • EARNINGS Most stock price histories show random or unpredictable movements around earnings reports. But some repeat the same pattern quarter after quarter, year after year. Earnings predicts probability, price move and length of move before and after all US stock earnings reports.
  • FRICTION FACTOR Friction Factor is based on the relationship between the price of a stock and the volume at which it's bought and sold. Normal and abnormal Friction factor patterns can help you time your buying and selling decisions for maximum earnings potential.
  • GATS The Global Automated Trading System (GATS) combines neural networks and genetic algorithms to reduce investment risks. GATS selects the highest probability trades in stocks, bonds, options, commodities, currencies and private equities, delivering precise, predictive and profitable data.
  • GROUP SECTOR Certain institutions can exert buying or selling pressure over an entire industry group, pushing prices higher. Group Sector identifies stocks that most closely match their group's movement and generate powerful group consensus trading signals to help you profit from the herd mentality.
  • PATTERN SCAN This technology automatically tracks "Trigger Events" that positively or negatively affect the value of a stock — or its perceived value among analysts — ranging from price fluctuations to natural disasters and political shifts. The results reveal patterns that can predict market movements.
  • EVENTS Events describe the current technical situation in your stock. It displays the technicals, trend conditions and seasonal factors and automatically discovers how that stock has performed in the trading days following the occurrences of the event or combination of events. This technology automatically scans using complex historical queries based on what event is taking place right now in the stock. It then displays the probability, expected return and number of trading days for the expected move.
  • RegSHO NAKED SHORTS SEC Regulation SHO mandates that if a clearing agent holds a fail-to-deliver position for 13 consecutive settlement days, it must purchase securities to close out its position, a.k.a. a forced cover. WealthMakers aggregates data from NYSE, AMEX, NASDAQ, OTCBB and PINKSHEETS to track stocks that are about to have forced covers.
  • SEASONALITY Seasonality analyzes more than 20 years of data to determine if stocks have a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias.
  • SQUEEZE TRIGGER Our proprietary database of more than 3,500,000,000 short sale transactions allows us to calculate the exact price at which the total short interest is short in each stock. Squeeze Trigger Alerts let you know exactly when a short squeeze will start and how to trade profitably.
  • VALUATION A stock's value is a function of its forecasted earnings per share and forecasted earnings growth, as well as profitability, interest and inflation rates. Valuation use these metrics to determine at what price a stock is undervalued or overvalued, so that you can make investment decisions accordingly.
  • INSIDER Significant stock sales or purchases by company "insiders" (officers or directors) can be a predictor of future price movements — up or down. The Insider strategy tracks these actions and correlates them with historical data to give you an investment edge.

Pattern Scan


Tracks "Trigger Events" that positively or negatively affect the value of a stock.

First Community Bancshares (NASDAQ: FCBC) is predicted to go up in coming weeks based on bullish technical trends that have appeared in the recent performance of the stock. FCBC has demonstrated Trend Line Reversal(5+) strategy IEOD Trending (ARM4) with a strength of 3.0/5. The higher the strength, the higher the probability of an accurate prediction.

  • The price of FCBC expected to move up in the coming weeks.
  • PatternScan has detected that a 'IEOD Trending (ARM4)' pattern has appeared.
  • Specifically, a IEOD Trending (ARM4) variant of Trend Line Reversal(5+) has been detected.
  • This indicates a high probablity that FCBC will move up in the coming weeks.

Group Sector


Identifies stocks that respond to group consensus "herd mentality" market movements.

First Community Bancshares (NASDAQ: FCBC) is predicted to go up as the top stocks in the Financial have fired buy signals. The majority of the top stocks in the Financial sector have fired buy signals as of today. Group rotation is a phenomenon where institutions exert buying or selling pressure in an industry group, pushing prices of the group higher or lower relative to the general market. An industry can often lead or lag the market, and the most highly correlated stocks usually move in unison.

  • The price of FCBC expected to move up in the coming weeks.
  • FCBC is strongly correlated (0.81) to stocks in the Financial sector.
  • These stocks have fired sell signals, and FCBC is expected to follow.

Squeeze Trigger


We have a proprietary database of all trading in US stocks and maintain massive databases of short sale and naked short sale time and sales data, along with short squeeze SqueezeTrigger prices. We are the only firm that knows the exact price that a short squeeze will start in every US stock.

The Cumulative Squeeze Trigger price for FCBC is 14.65.

This means that when FCBC closes above $14.65, we expect a short squeeze to begin that could quickly drive the price of FCBC considerably higher.

Date Short Volume Short Value SqueezeTrigger
2016-05-31 194630 4070355.579 20.9133
2016-04-30 311693 6298099.9273 20.2061
2016-03-31 592025 11378187.6775 19.2191
2016-02-29 355094 6331681.114 17.831
2016-01-31 440530 7815662.995 17.7415
2015-12-31 461542 8879652.6922 19.2391
2015-11-30 416576 8287279.6288 19.8938
2015-10-31 341220 6268416.132 18.3706
2015-09-30 467965 8308578.1855 17.7547
2015-08-31 293212 5172201.0376 17.6398
2015-07-31 223722 4052567.4246 18.1143
2015-06-30 345203 6158801.2433 17.8411
2015-05-31 474851 7933573.0825 16.7075
2015-04-30 269154 4676362.3422 17.3743
2015-03-31 238935 3971481.996 16.6216
2015-02-28 216715 3532216.1135 16.2989
2015-01-31 77779 1229040.4243 15.8017
2014-12-31 68716 1094439.732 15.927
2014-11-30 45156 721326.4596 15.9741
2014-10-31 132163 2032402.614 15.378

Friction Factor


Friction Factor determines if there is normal or abnormal behavior in the price action of the stock when compared to the buying vs. selling trading statistics. It shows us how many more shares of buying than selling it takes to move a stock higher by 1 cent, or how many more shares of selling than buying it takes to drop a stock by 1 cent.
Here is how to understand Friction Factor:

  • If Friction Factor is positive, more buying than selling caused FCBC's price to rise
  • If Friction Factor is negative, more selling than buying caused FCBC's price to fall
  • If Friction Factor is 0, there was no discernable activity either way
  • If Friction Factor is abnormal, it means that more buying than selling caused the price to drop which is evidence of manipulative activity. In some cases more selling than buying can cause the price to increase. While this is rare, it must be noted as well. Friction Factor raw data.

Date Change Buy Vol Sell Vol Net Vol Friction
2016-05-20 0.49 7867 10455 -2588 Bullish Bias
2016-05-19 -0.32 11192 7680 3512 Bearish Bias
2016-05-18 0.84 8728 9175 -447 Bullish Bias
2016-05-17 -0.75 4701 10507 -5806 -77.41333333
2016-05-16 0.14 10895 8852 2043 145.9285714
2016-05-13 -0.27 4650 3499 1151 Bearish Bias
2016-05-12 -0.25 2200 4510 -2310 -92.4
2016-05-11 -0.05 9093 4400 4693 Bearish Bias
2016-05-10 0.23 6681 3100 3581 155.6956522
2016-05-09 0.14 2700 7450 -4750 Bullish Bias
2016-05-06 0.29 7326 11670 -4344 Bullish Bias
2016-05-05 -0.23 6862 6796 66 Bearish Bias
2016-05-04 0.02 7254 7942 -688 Bullish Bias
2016-05-03 -0.25 8407 10158 -1751 -70.04
2016-05-02 0.44 7223 4768 2455 55.79545455
2016-04-29 0.08 13384 14512 -1128 Bullish Bias
2016-04-28 -0.07 16963 8786 8177 Bearish Bias
2016-04-27 0.21 10815 8700 2115 100.7142857
2016-04-26 0.44 9147 6372 2775 63.06818182
2016-04-25 -0.27 11652 8417 3235 Bearish Bias

General Results


Past success in predictions regarding all predictions on the WealthMakers platform.

Our prediction engine has a track record that is second to none. See for our results.

Read Type Avg Return Avg Maturity Days Hits Misses % Accurate
Insider 17.437 83.48 15297 704 95.60%
SqueezeTrigger 12.627 21.54 11182 796 93.35%
Valuation 14.484 26.96 4201 302 93.29%
Seasonality 7.294 15.18 59408 5439 91.61%
Group Correlation 7.175 14.92 10912 1308 89.30%
PatternScan 8.445 11.38 235094 35234 86.97%
Events 6.748 11.2 4703 726 86.63%
Earnings 8.557 10.34 25110 5051 83.25%
GATS 5.637 7.87 85031 18008 82.52%
Naked Shorts 13.792 10.99 3004 774 79.51%
Friction Factor 6.955 3.61 8582 2495 77.48%

About Wealthmakers

WealthMakers gives institutional and individual investors an exclusive advantage in making precise, predictive and profitable trading decisions. Our proprietary technologies — Earnings, Seasonality, Squeeze Trigger, Group Sector and GATS — apply artificial intelligence, proprietary algorithms, market data and research to help our clients realize exponential returns. Find out more at

All material herein was prepared by WealthMakers, based upon information believed to be reliable. The information contained herein is not guaranteed by WealthMakers to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. WealthMakers is not a registered investment advisor in the State of California. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. WealthMakers or its affiliates may receive compensation from independent third parties, or from the companies mentioned, for data provided in this report or related services. WealthMakers affiliates, officers, directors and employees do not own shares of the company mentioned in this report, but may from time to time buy/sell the shares discussed in this opinion and may profit from those trades. Market commentary provided by Thomas Ronk, a registered investment advisor and commodities trading advisor in California. WealthMakers will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment.

All Rights Reserved. Copyright 2011 WealthMakers

Last Price$22.29
52 Week Range$13.75 - $18.29
1 Month Range$13.75 - $14.87
Avg Daily Volume38560.0
PE Ratio13.21
Earnings Per Share
Shares Outstanding18MM
Market Capitalization$260.10MM


ACCOUNT SUPPORT 855-879-3258