FIRST BUSINESS FINANCIAL SER (FBIZ) Stock Technical Analysis
USA - NASDAQ:FBIZ - US3193901002 - Common Stock
Overall FBIZ gets a technical rating of 7 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.
Besides having an excellent technical rating, FBIZ also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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 50.88, 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
When analyzing the support we can see 3 important areas.
- A support zone ranging from 50.70 to 50.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 48.60 to 49.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 53.14 to 53.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 54.27 to 55.11. 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 | 61.22 | 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) | 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) | 58.81 | NEUTRAL | The RSI value for FBIZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests FBIZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.22 | OVERBOUGHT | The high Stochastics value suggests FBIZ may be overbought. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for FBIZ suggests some volalility. |
| Average Directional Index/ADX (14) | 16.23 | NEGATIVE | The low ADX value for FBIZ suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 53.16 | 50.69 | 2.47 (4.65%) | 21.52% |
| An entry @53.16. This is a Buy Stop order right above the resistance zone. | An exit @50.69. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.47 points, which is 4.65%. | For a 1.00% total portfolio risk, you can invest 21.52% of your capital in this trade. |
- 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.
52.27
-0.47 (-0.89%)
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 7 / 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 58.8075. 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.