Market Read®

  • Sunday, March 29 2015

(NASDAQ: FCBC)

First
Community
Bancshares


Bullish

First Community Bancshares, Inc. operates as a financial holding company for First Community Bank that provides various commercial and consumer banking products and services. The company 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. In addition, the company, through its subsidiary Greenpoint Insurance Group, Inc., operates an insurance agency that offers life, health, and property and casualty insurance products. It serves individual consumers and various industries, such as manufacturing, mining, services, construction, retail, healthcare, military, and transportation. As of December 31, 2013, the company served its customers through 80 locations in Virginia, West Virginia, North Carolina, South 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(4)' pattern. Specifically, a SS Breakouts variant of Trend Line Reversal(4) has been detected. The target is $18.59. more
  • GROUP CORRELATION predicts the price of FCBC expected to move up to $19.06 in the coming weeks. more
  • SQUEEZETRIGGER predicts that when FCBC closes above $14.08, we expect a short squeeze to begin that could quickly drive the price of FCBC considerably higher.

Predictive Range March 24, 2015 - April 21, 2015

Anticipated price movement, between prediction date and target date, based on all market reads.
$17.87 - $18.83

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(4) strategy SS Breakouts with a strength of 2.0/5. 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 'SS Breakouts' pattern has appeared.
  • Specifically, a SS Breakouts variant of Trend Line Reversal(4) 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 (0.51) 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 14.08.

This means that when FCBC closes above $14.08, we expect a short squeeze to begin that could quickly drive the price of FCBC considerably higher.

Date Short Volume Short Value SqueezeTrigger
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
2014-09-30 59417 938539.0486 15.7958
2014-08-31 129722 1972500.8432 15.2056
2014-07-31 96834 1364158.6584 14.0876
2014-06-30 94903 1357900.5949 14.3083
2014-05-31 77974 1126810.0714 14.4511
2014-04-30 85840 1337773.48 15.5845
2014-03-31 23335 393890.133 16.8798
2014-02-28 103494 1641394.1412 15.8598
2014-01-31 127042 2071241.9512 16.3036
2013-12-31 44538 747075.9582 16.7739
2013-11-30 628569 10441033.9452 16.6108
2013-10-31 146262 2472003.3144 16.9012
2013-09-30 120079 1879176.3105 15.6495
2013-08-31 135096 2078614.0752 15.3862

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
2015-03-23 0.53 17462 23182 -5720 Bullish Bias
2015-03-20 0.44 76369 48565 27804 631.9090909
2015-03-19 -0.06 19556 18559 997 Bearish Bias
2015-03-18 0.01 31508 23021 8487 8487
2015-03-17 -0.14 43818 23962 19856 Bearish Bias
2015-03-16 0.24 27484 15215 12269 511.2083333
2015-03-13 -0.14 27074 36814 -9740 -695.7142857
2015-03-12 0.03 36835 35064 1771 590.3333333
2015-03-11 0.01 28412 12894 15518 15518
2015-03-10 -0.09 20050 22610 -2560 -284.4444444
2015-03-09 0.07 27706 70285 -42579 Bullish Bias
2015-03-06 0.07 24409 19243 5166 738
2015-03-05 0.01 10186 12378 -2192 Bullish Bias
2015-03-04 0.2 13516 18459 -4943 Bullish Bias
2015-03-03 -0.24 47750 89645 -41895 -1745.625
2015-03-02 0.51 31121 11382 19739 387.0392157
2015-02-27 -0.06 27103 24725 2378 Bearish Bias
2015-02-26 0.01 19176 20545 -1369 Bullish Bias
2015-02-25 0.03 21600 27775 -6175 Bullish Bias
2015-02-24 0.02 25024 9383 15641 7820.5

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
Valuation 14.484 26.96 4201 302 93.29%
Insider 15.864 77.94 11499 555 95.40%
SqueezeTrigger 12.572 22.05 9110 588 93.94%
Seasonality 7.322 15.17 49324 4716 91.27%
Group Correlation 6.608 14.43 3814 388 90.77%
PatternScan 8.537 11.48 178315 26191 87.19%
Events 6.94 11.22 3990 621 86.53%
Earnings 8.57 10.31 23467 4711 83.28%
GATS 5.385 7.88 60262 12334 83.01%
Naked Shorts 13.962 10.96 2642 682 79.48%
Friction Factor 7.153 3.63 6753 1934 77.74%

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 WealthMakers.com.

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

Overview
Last Price$17.58
52 Week Range$13.75 - $18.29
1 Month Range$13.75 - $14.87
Avg Daily Volume38560.0
PE Ratio13.21
 
Earnings Per Share
YearEPS
2015(E)$1.067
 
Capitalization
Shares Outstanding18MM
Market Capitalization$260.10MM
 
 

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