Traders Are Bullish Fauquier Bankshares, Inc. (FBSS) After The Stock Formed Double Top Chart Pattern

September 17, 2017 - By Stephen Andrade

Investors sentiment increased to 1 in 2016 Q4. Its up 0.25, from 0.75 in 2016Q3. It is positive, as 1 investors sold Fauquier Bankshares, Inc. shares while 3 reduced holdings. 3 funds opened positions while 1 raised stakes. 654,022 shares or 2.03% more from 641,038 shares in 2016Q3 were reported.
Banc Funds Ltd Liability Corporation invested in 0.12% or 176,476 shares. Pnc Fincl Ser Gp Inc Inc invested 0% of its portfolio in Fauquier Bankshares, Inc. (NASDAQ:FBSS). Basswood Cap Mngmt Ltd Liability Corp has 0.02% invested in Fauquier Bankshares, Inc. (NASDAQ:FBSS). Blackrock Inv Management Ltd Liability Com reported 0% stake. Wells Fargo & Company Mn reported 5,440 shares. Creative Planning holds 0% or 300 shares in its portfolio. Royal National Bank Of Canada reported 2,000 shares. Davidson Garrard Inc reported 11,984 shares. Bank Of America De holds 0% or 1,000 shares in its portfolio. Avenir Corp holds 0.02% or 16,000 shares. Blackrock Fund Advsrs holds 831 shares. Salzhauer Michael invested in 46,781 shares. Utd Capital Financial Advisers Ltd Liability Corporation holds 0% of its portfolio in Fauquier Bankshares, Inc. (NASDAQ:FBSS) for 13,612 shares. Wellington Mgmt Gp Llp accumulated 55,409 shares.

Since May 10, 2017, it had 1 buy, and 0 insider sales for $4,976 activity.

The chart of Fauquier Bankshares, Inc. (FBSS) shows a double top with $18.18 target or 3.00 % above today’s $17.65 share price. The 5 months chart pattern indicates low risk for the $66.47M company. It was reported on Sep, 17 by Finviz.com. If the $18.18 price target is reached, the company will be worth $1.99M more. Double tops are rare but powerful chart patterns.

The stock decreased 4.59% or $0.85 on September 15, reaching $17.65. About 12,152 shares traded or 389.21% up from the average. Fauquier Bankshares, Inc. (NASDAQ:FBSS) has risen 14.29% since September 17, 2016 and is uptrending. It has underperformed by 2.41% the S&P500.

More notable recent Fauquier Bankshares, Inc. (NASDAQ:FBSS) news were published by: Prnewswire.com which released: “The Fauquier Bank Welcomes New Chief Operating Officer” on June 30, 2016, also Nasdaq.com with their article: “Fauquier Bankshares, Inc. (FBSS) Ex-Dividend Date Scheduled for September 14, 2017” published on September 13, 2017, Prnewswire.com published: “Fauquier Bankshares Announces Retirement of Current Chief Financial Officer …” on June 27, 2016. More interesting news about Fauquier Bankshares, Inc. (NASDAQ:FBSS) were released by: Prnewswire.com and their article: “Fauquier Bankshares Names New President and Chief Executive Officer” published on February 18, 2016 as well as Seekingalpha.com‘s news article titled: “Unknown Fauquier Bankshares Deserves Your Attention” with publication date: July 31, 2017.

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