New Analysis: 1st Constitution Bancorp (NJ) ($FCCY) vs Ottawa Bancorp, Inc. ($OTTW)

2019-08-20 | Welcome! Today we compared how two different stocks in the Savings Institutions industry are trading: 1st Constitution Bancorp (NJ) and Ottawa Bancorp, Inc.. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, 1st Constitution Bancorp (NJ) opened at 17.28, got to a maximum price of 17.28 and dropped to as low as 17.08 before finishing the session at 17.19. In total there were 8146 shares traded, which is enough to conduct our analysis. Compare that now to Ottawa Bancorp, Inc., which opened at 12.5, had a high of 12.76, a low of 12.5, closed at 12.5625 and had a total volume of 1640.0.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator 1st Constitution Bancorp (NJ) Ottawa Bancorp, Inc.
Accumulation-distribution index 45.73852 25.1125
on-balance volume -17.45 12.55
chaikin money flow

0.5747 1.0
force index

0.172 -0.00085
ease of movement rating

0.00305 0.00043
volume-price trend

-1.03313 -0.70225
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator 1st Constitution Bancorp (NJ) Ottawa Bancorp, Inc.
Average true range 0.19341 0.08556
Bolinger bands 17.33598 12.51914
Upper bollinger band 16.54402 12.49086
Lower bollinger band

17.08 12.5
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

1.0 1.0
Central keltner channel

17.21333 12.58667
High band keltner channel

17.21333 12.32667
Low band keltner channel

17.21333 12.84667
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

17.08 12.5
Donchain channel low band

17.08 12.5
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 1.0

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator 1st Constitution Bancorp (NJ) Ottawa Bancorp, Inc.
Moving Average Convergence Divergence (MACD) trend_macd 0.00022
MACD signal -0.00349 0.00012
MACD difference -0.00279 0.0001
fast Exponential Moving Average (EMA) indicator

17.08 12.5
slow Exponential Moving Average (EMA) indicator

17.08 12.5
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.01818 0.06449

-4.64952 -4.43172
Mass Index (MI)

1.8 1.0
Commodity Channel Index (CCI)

-66.66667 -66.66667
Detrended Price Oscillator (DPO)

1.09023 0.7458
KST Oscillator (KST)

-60.0011 -56.30435
KST Oscillator (KST Signal)

-60.0011 -56.30435
KST difference

-3.85245 0.18874
Ichimoku rating

17.28 12.63
Ichimoku B rating

17.28 12.63
Ichimoku visual trend A

18.33126 13.25546
Ichimoku visual trend B

18.04724 13.1325
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

-4.0 4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator 1st Constitution Bancorp (NJ) Ottawa Bancorp, Inc.
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 20.48267 49.86231
True Strength Index (TSI) -100.0 -100.0
ultimate oscillator

-22.466 -53.52041
stochastic oscillator

50.0 100.0
stochastic oscillator signal

50.0 100.0
Williams %R rating

-50.0 -225.0
awesome oscillator

-0.03375 0.01317

RETURNS: That’s all for technical analysis. Now let’s just list the returns for 1st Constitution Bancorp (NJ) and Ottawa Bancorp, Inc..

Daily return -6.00011 -5.63044
Daily log return -1.65293 0.07997
Cumulative return -1.63934 0.08

So there you have it: our deep, grueling analysis comparing 1st Constitution Bancorp (NJ) and Ottawa Bancorp, Inc. together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s 1st Constitution Bancorp (NJ):

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether FCCY is strong or weak. Again – this is not a reliable indication of whether 1st Constitution Bancorp (NJ) is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with Ottawa Bancorp, Inc.

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.
Gary Ivenchuck

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