FIRST BUSINESS FINANCIAL SER (FBIZ) Stock Technical Analysis
USA - NASDAQ:FBIZ - US3193901002 - Common Stock
52.3 USD
-0.39 (-0.73%)
52.3 USD
0 (0%)
Overall FBIZ gets a technical rating of 6 out of 10. Although FBIZ is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
FBIZ is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FBIZ is lagging the market slightly.
In the last month FBIZ has a been trading in the 49.69 - 53.47 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the performance of all stocks over the past year, FBIZ turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
FBIZ is part of the Banks industry. There are 392 other stocks in this industry, FBIZ did better than 63% of them.
Although the technical rating is only medium, FBIZ does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 53.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 52.00, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
46.21
55.66
We found 3 important support areas.
- A support zone ranging from 50.78 to 52.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @48.48 from a trend line in the weekly time frame.
- A support zone ranging from 46.68 to 47.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 53.14 to 53.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 55.10 to 55.11. This zone is formed by a combination of multiple trend lines in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FBIZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FBIZ is up. |
| ChartMill Relative Strength | 69.46 | NEUTRAL | FBIZ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FBIZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FBIZ is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FBIZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.26 | NEUTRAL | The RSI value for FBIZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests FBIZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.85 | NEUTRAL | The Stochastics value for FBIZ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for FBIZ suggests some volalility. |
| Average Directional Index/ADX (14) | 24.03 | NEUTRAL | The ADX value for FBIZ suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 53.35 | 50.77 | 2.58 (4.84%) | 20.68% |
| An entry @53.35. This is a Buy Stop order right above the resistance zone. | An exit @50.77. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.58 points, which is 4.84%. | When investing 20.68% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
52.3
-0.39 (-0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.73%
1 Week0.98%
2 Weeks0.56%
1 Month6%
3 Month10.92%
6 Month10.13%
12 Month16.43%
2 Year74.28%
3 Year61.87%
5 Year265.99%
10 Year122.36%
15 Year1030.81%
Volatility
ATR(14)1.05
ATR(20)%2.11%
ATR Inc36.24%
Range Today0.95
ADR(20)1
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.46
Mansfield-0.35
10 Day High52.83
10 Day Low50.74
20 Day High53.47
20 Day Low49.69
52 Week High56.46
52 Week Low41.47
CS1 End52
CR1 Start53.14
Volume & EV
DER(3)0.52%
DER(5)0.53%
Volume109.10K
Volume Incr56.75%
Vol(5)44.36K
Vol(50)35.93K