It does look bullish. It is above the 50-day & 100-day moving day averages. When FRC broke above $26 it went bullish of course it still will depend on the Banking Index (XLF) to go higher. I doubt it can maintain its uptrend without the sector in general. I would like to see it break above $30.
Also from a fundamental perspective it is cheap at 11 PE, however the IPO lock-up selling will be a problem in December & January.
By the way if you want to get a 7.25% yield you can get their preferred stock -- FRCCO. I have owned it for about 1 year.