Taking everything into account, FBIZ scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FBIZ is showing a nice and steady performance.
Although FBIZ has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
47.10
When analyzing the support we can see 3 important areas.
- A support zone ranging from 51.66 to 52.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 48.54 to 50.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @47.58 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 57.25 to 57.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 80.53 | POSITIVE | FBIZ has a high relative strength, it outperformed 80.53% off all stocks 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) | UP | POSITIVE | The current price of FBIZ is above the rising 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) | 63.89 | NEUTRAL | The RSI value for FBIZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests FBIZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.81 | OVERBOUGHT | The high Stochastics value suggests FBIZ may be overbought. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for FBIZ suggests some volalility. |
| Average Directional Index/ADX (14) | 29.1 | POSITIVE | The high ADX value value for FBIZ suggests a strong trend. |
56.86
-1.11 (-1.91%)
FIRST BUSINESS FINANCIAL SER / FBIZ FAQ
What is the ChartMill technical rating of FIRST BUSINESS FINANCIAL SER (FBIZ) stock?
ChartMill assigns a technical rating of 10 / 10 to FBIZ.
Can you provide the trend direction for FIRST BUSINESS FINANCIAL SER?
The current trend direction for FIRST BUSINESS FINANCIAL SER (FBIZ) is Bullish.
What is the RSI signal for FBIZ stock?
FIRST BUSINESS FINANCIAL SER (FBIZ) has an RSI value of 63.8856. This indicates that the stock is currently neutral.
What is the short term momentum for FBIZ stock?
The short term momentum for FIRST BUSINESS FINANCIAL SER (FBIZ) is positive.
What is the buy/sell signal for FBIZ stock?
The buy/sell signal for FIRST BUSINESS FINANCIAL SER (FBIZ) is buy as both the short term and long term trends are positive.