New Analysis: Republic First Bancorp, Inc. ($FRBK) vs IBERIABANK Corporation ($IBKC)

2019-08-20 | Welcome! Today we compared how two different stocks in the Major Banks industry are trading: Republic First Bancorp, Inc. and IBERIABANK Corporation. 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, Republic First Bancorp, Inc. opened at 4.11, got to a maximum price of 4.2 and dropped to as low as 4.04 before finishing the session at 4.04. In total there were 270000 shares traded, which is enough to conduct our analysis. Compare that now to IBERIABANK Corporation, which opened at 71.44, had a high of 71.44, a low of 70.46, closed at 70.98 and had a total volume of 156400.

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 Republic First Bancorp, Inc. IBERIABANK Corporation
Accumulation-distribution index 19.91444 289.99038
on-balance volume -4.11 -70.04
chaikin money flow

2.55556 0.49667
force index

0.0044 5.3345
ease of movement rating

0.00175 0.04043
volume-price trend

-0.62948 -3.88576
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 Republic First Bancorp, Inc. IBERIABANK Corporation
Average true range 0.09924 1.01439
Bolinger bands 4.10399 71.76733
Upper bollinger band 3.90601 67.72267
Lower bollinger band

4.04 70.46
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

1.0 1.0
Central keltner channel

4.11667 71.11333
High band keltner channel

4.02667 71.11333
Low band keltner channel

4.20667 71.11333
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

4.04 70.46
Donchain channel low band

4.04 70.46
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 Republic First Bancorp, Inc. IBERIABANK Corporation
Moving Average Convergence Divergence (MACD) trend_macd -0.03208
MACD signal -0.00087 -0.01782
MACD difference -0.0007 -0.01426
fast Exponential Moving Average (EMA) indicator

4.04 70.46
slow Exponential Moving Average (EMA) indicator

4.04 70.46
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

0.02429 0.24609

-11.19077 -4.31013
Mass Index (MI)

1.0 1.8
Commodity Channel Index (CCI)

-66.66667 -66.66667
Detrended Price Oscillator (DPO)

0.75471 4.05077
KST Oscillator (KST)

-157.40455 -54.36492
KST Oscillator (KST Signal)

-157.40455 -54.36492
KST difference

-3.64986 -4.79796
Ichimoku rating

4.155 71.44
Ichimoku B rating

4.155 71.44
Ichimoku visual trend A

4.80098 75.50764
Ichimoku visual trend B

4.62525 74.95688
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 Republic First Bancorp, Inc. IBERIABANK Corporation
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 24.54575 24.8164
True Strength Index (TSI) -100.0 -100.0
ultimate oscillator

-26.90391 -31.9138
stochastic oscillator

177.77778 50.0
stochastic oscillator signal

177.77778 50.0
Williams %R rating

77.77778 -50.0
awesome oscillator

-0.01467 -0.131

RETURNS: That’s all for technical analysis. Now let’s just list the returns for Republic First Bancorp, Inc. and IBERIABANK Corporation.

Daily return -15.74045 -5.43649
Daily log return -1.74786 -2.0504
Cumulative return -1.73267 -2.02952

So there you have it: our deep, grueling analysis comparing Republic First Bancorp, Inc. and IBERIABANK Corporation 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 Republic First Bancorp, Inc.:

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 FRBK is strong or weak. Again – this is not a reliable indication of whether Republic First Bancorp, Inc. 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 IBERIABANK Corporation

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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