FIRST BUSINESS FINANCIAL SER (FBIZ) Stock Technical Analysis
NASDAQ:FBIZ • US3193901002
Overall FBIZ gets a technical rating of 6 out of 10. In the last year, FBIZ was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- Warning: FBIZ has an average volume of 28206 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- 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 54.41 - 60.53 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 compared to the yearly performance of all other stocks, FBIZ outperforms 64% of them, which is more or less in line with the market.
- FBIZ is part of the Banks industry. There are 381 other stocks in this industry, FBIZ did better than 40% of them.
- Volume is considerably higher in the last couple of days.
FBIZ has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 59.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 57.40, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
46.22
6 important support areas can be observed.
- A support zone ranging from 56.20 to 57.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 53.57 to 53.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @52.41 from a trend line in the weekly time frame.
- A support zone ranging from 49.42 to 49.94. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @47.72 from a horizontal line in the daily time frame.
- Support @46.69 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 59.86 to 59.86. 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 | NEUTRAL | NEUTRAL | The short term trend for FBIZ is neutral. |
| ChartMill Relative Strength | 64.94 | NEUTRAL | FBIZ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FBIZ is below a declining 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) | 51.27 | NEUTRAL | The RSI value for FBIZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests FBIZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.4 | NEUTRAL | The Stochastics value for FBIZ is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for FBIZ suggests some volalility. |
| Average Directional Index/ADX (14) | 20.11 | NEUTRAL | The ADX value for FBIZ suggests a possible start of a new 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 |
|---|---|---|---|
| 59.87 | 56.24 | 3.63 (6.06%) | 16.49% |
| An entry @59.87. This is a Buy Stop order right above the resistance zone. | An exit @56.24. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.63 points, which is 6.06%. | When investing 16.49% 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.
57.86
+0.84 (+1.47%)
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 6 / 10 to FBIZ.
What is the current trend direction of FIRST BUSINESS FINANCIAL SER (FBIZ) stock?
The current trend direction for FIRST BUSINESS FINANCIAL SER (FBIZ) is Bullish.
Can you provide the RSI signal for FIRST BUSINESS FINANCIAL SER?
FIRST BUSINESS FINANCIAL SER (FBIZ) has an RSI value of 51.2674. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FIRST BUSINESS FINANCIAL SER?
The short term momentum for FIRST BUSINESS FINANCIAL SER (FBIZ) is neutral.
What are the support and resistance levels for FIRST BUSINESS FINANCIAL SER (FBIZ) stock?
FIRST BUSINESS FINANCIAL SER (FBIZ) has a support level at 57.4 and a resistance level at 59.86. Check the full technical report for our detailed analysis of FBIZ support and resistance levels.