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FGBI stock – First Guaranty Bancshares Inc sideways range & retest history

NASDAQ

On the weekly chart, FGBI has been moving sideways between $6.56 and $15.25 since 1 Dec 2024.

Since 2019, NasdaqScan has found 4 sideways ranges in FGBI. Completed ranges lasted 1265 days on average, from 812 to 2093 days. Of those 3, 1 broke upward and 2 broke downward. The latest retest signal NasdaqScan detected in FGBI was in the week of 2 Jul 2023, below the earlier $19.13 – $29.65 range.

The pattern: price breaks out below a long sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. NasdaqScan flags the weekly candle that makes the retest.

Weekly chart: each candle is one week of trading, and every date on this page is the week it falls in.

Gold dashed bands mark earlier sideways ranges, from their first swing to where they broke. Pick a range in the table below to zoom the chart to it.

Sideways ranges

RangeStartedEndedHow it endedRetest signals (week of)
1 Dec 2024Open——
23 Jan 202214 Apr 2024 (812 days)Broke below the range at $9.492 Jul 2023 (Go ahead)
29 Dec 20195 Jun 2022 (889 days)Broke above the range at $29.65—
29 Dec 201921 Sept 2025 (2093 days)Broke below the range at $8.74—

Retest signals detected

  • Week of 2 Jul 2023: retest of the low after a breakout below a sideways range, 525 days after the range began (Go ahead)

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

← All current retest signals