FBC stock: buy or sell?

FBC stock price: $36.15 3.17% At close on Dec 1st, 2020

Updated on:
Dec 1st, 2020

2

FBC stock brief

  • Flagstar Bancorp closed on Tuesday at $36.15 after skyrocketing a 3.17% breaking a streak of 3 sessions in red.
  • The stock is configuring an uptrend pattern since last September, when it bottomed at $27.75. Up to date, shares marked a 30.27% gain since the beginning of this rally. On Tuesday Flagstar Bancorp broke out above $35.41 giving an entry point
  • On Tuesday broke out above its latest top at $35.41
  • On November 24 broke out above its latest top at $35.41
  • Flagstar Bancorp, Inc. operates as a savings and loan holding company for Flagstar Bank, FSB that provides commercial and consumer banking services to individuals and businesses in the United States.

Should I buy Flagstar Bancorp stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $FBC stock a buy?

Currently, Flagstar Bancorp stock matches one trading strategy:

Uptrend buy setup

Flagstar Bancorp stock is in an uptrend since last September that so far has marked a gorgeous 30.00% gain. Price marked a pull back in this uptrend at $28.89 last October, and since then it bounced up a 25.13%. Price just broke out above the buy point at $35.41, but it can be traded. If price goes above $37.18, don't chase the price and wait for the next pullback. If you decide to enter this trade, the suggested stop loss is at $31.87

Buy setupBuy pointStop lossRisk
Uptrend buy setup$35.41$31.8710.00%

Should I sell Flagstar Bancorp stock?

When you own stock shares with some profit, it's really hard to decide the correct moment to sell and get your benefits. Trading strategies let us to avoid impulsive decisions based on our sentiments or the buzz surrounding the market. We like very simple setups to guide us on when is a good time to sell a stock. Be aware that these setups are not intended for selling short $FBC stock

As a golden rule, you should not hold a trading operation that results in greater losses than those expected at the time of purchase. The moment to sell your stock always has to be dictated by the stop-loss (automatic or manual)

Is it time to sell Flagstar Bancorp stock?

Currently, Flagstar Bancorp stock doesn't match any of our preferred sell setups, so if you own Flagstar Bancorp stock and your operation is in profit probably is not time to sell now

Flagstar Bancorp ratings

In the previous 30 days we couldn't find any rating for Flagstar Bancorp

Flagstar Bancorp stock analysis

Flagstar Bancorp stock started an uptrend last September, and gained a gorgeous 30.27%. The price action shows higher tops and bottoms, and along the way provided very few buying opportunities for those who wanted to invest. Latest low was last October, when price bounced at $28.89. On Tuesday, Flagstar Bancorp broke out above its last top ($35.41) offering a good buy point

SMAs overview

FBC stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $36.20 (0.14% above)
  • R2: $36.54 (1.08% above)
  • R3: $37.26 (3.07% above)
  • The current support levels are:

  • S1: $35.81 (-0.94% below)
  • S2: $35.78 (-1.02% below)
  • S3: $35.43 (-1.99% below)
  • Bollinger bands

    The price is moving near to the upper Bollinger band, indicating some level of overbought in recent sessions. This is not a sell signal, as price can trade in these levels for many days and weeks

    FBC stock Bollinger Bands chart

    Relative strength index

    The has been between the overbought and oversold zones for some weeks, and therefore, without this indicator really being of any help to us in making any decisions.

    FBC stock RSI chart

    Flagstar Bancorp stock price history

    Flagstar Bancorp started trading on Apr 30th, 1997 priced at $219.79 per share1. Since then, FBC stock depreciated by -83.55%. An investment of thousand dollars on the IPO would be valued $164.48 nowadays.

    1: Adjusted price after possible price splits or reverse-splits

    FBC stock price history chart

    Price target for Flagstar Bancorp stock

    Nobody knows how much a share will be priced in the future. Banks and financial organisations issue their analysis forecasting how a stock will performance in the future.

    The following table shows the price forecasts published by analysts in the last 30 days. Again, these targets are not direct recommendations for individual investors and must not be trusted blindly.

    We don't have any target price posted in the last 4 weeks for Flagstar Bancorp.

    Earnings and financials

    Last October, Flagstar Bancorp, Inc. ($FBC) posted adjusted EPS for that strongly beat analysts' expectations. Quarterly EPS was $3.88 per share compared to the forecasted $2.32. This Q3 report means an earnings surprise of 67.24%. On the contrary, reported sales were $180.0 million, consistent with the market estimates.

    This compares to Earnings of $1.11 per share same quarter last year, so posted EPS is a gain of 249.55%. Looking at sales, figures exploded a 89.87% compared to $3.2B year over year.

    FBC ($FBC) will host the earnings call late next January. Estimated for this quarter is $2.22, compared to $3.88 that was reported for Q3.

    Flagstar Bancorp competitors

    Flagstar Bancorp is classified inside the Banks—Regional industry, where it has 181 industry peers.

    Flagstar Bancorp main competitors are:

    Flagstar Bancorp competitors
    CompanyMarket capRatingBullish ratings1
    Flagstar Bancorp ($FBC) $1.7B
    HDFC Bank ($HDB) $100.2B Neutral 0
    U.S. Bancorp ($USB) $65.1B Neutral 0
    PNC Financial Services ($PNC) $54.6B Neutral 1
    Itau Unibanco ($ITUB) $50.4B Neutral 0
    ICICI Bank ($IBN) $44.8B Neutral 0

    1 In the last 30 days.

    Flagstar Bancorp performance

    To better understand Flagstar Bancorp performance you must compare its gains with other related stocks in same sector or industry.. For Flagstar Bancorp, the benchmark is made against HDFC Bank, U.S. Bancorp, PNC Financial Services, Itau Unibanco and ICICI Bank.

    FBC performance compared
    Company1m3m6m
    Flagstar Bancorp ($FBC) 21.60% 14.90% 26.00%
    HDFC Bank ($HDB) 21.10% 37.20% 53.60%
    U.S. Bancorp ($USB) 12.20% 22.20% 17.10%
    PNC Financial Services ($PNC) 24.00% 28.10% 20.30%
    Itau Unibanco ($ITUB) 40.10% 29.10% 13.70%
    ICICI Bank ($IBN) 21.10% 18.50% 32.60%

    Disclaimer:
    The thoughts given in this post are personal and should not be followed as recommendations for you to buy or sell shares. The author of this text does not have any knowledge of the specific conditions of the reader, his or her own finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are posted for education motives only

    FBC summary

    Tuesday, December 1st, 2020
    Open$35.67
    Close$36.15
    Day range$35.56 - $36.55
    Previous close$35.04
    Session gain3.17%
    Average true range$1.48
    50d mov avg$31.89
    100d mov avg$31.18
    200d mov avg$28.69
    Earnings dateJanuary 26th, 2021

    Frequently asked questions

    What is Flagstar Bancorp stock symbol?

    Flagstar Bancorp, Inc. is a public company trading in the US stock market with the FBC symbol

    Is Flagstar Bancorp stock a buy or sell?

    Flagstar Bancorp had no ratings in the last 4 weeks Read the article to get additional tips on trading FBC stock.

    Will FBC go up?

    There were no price targets posted by market analysts in the last 30 days for Flagstar Bancorp.