FIRST BANCSHARES INC/MS (FBMS) Technical Analysis
NYSE:FBMS • US3189161033
Current stock price
FBMS Technical Rating and Analysis
Taking everything into account, FBMS scores 3 out of 10 in our technical rating. Although FBMS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month FBMS has a been trading in the 32.84 - 36.57 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that FBMS is one of the better performing stocks in the market, outperforming 91% of all stocks.
- FBMS is part of the Banks industry. There are 380 other stocks in this industry. FBMS outperforms 100% of them.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- FBMS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FBMS is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
FBMS Weekly and Daily overview Charts
FBMS Setup Rating and Analysis
Although the technical rating is bad, FBMS does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 33.64, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FBMS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
FBMS Support and Resistance Analysis
23.59
We found 4 important support areas.
- A support zone ranging from 33.43 to 33.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 32.79 to 32.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @31.97 from a horizontal line in the daily time frame.
- Support @23.83 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 33.98 to 35.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 37.89 to 38.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
FBMS Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for FBMS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FBMS is down. |
| ChartMill Relative Strength | 91.5 | POSITIVE | FBMS has a high relative strength, it outperformed 91.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FBMS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FBMS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FBMS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.24 | NEUTRAL | The RSI value for FBMS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests FBMS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.66 | NEUTRAL | The Stochastics value for FBMS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for FBMS suggests some volalility. |
| Average Directional Index/ADX (14) | 19.42 | NEGATIVE | The low ADX value for FBMS suggests a weak or negative trend. |
FBMS Chart- and CandleStick Pattern Analysis
FBMS Technicals: Chart, Performance Metrics, Trend & Indicators
33.81
+0.16 (+0.48%)
FIRST BANCSHARES INC/MS / FBMS TA FAQ
What is the ChartMill technical rating of FIRST BANCSHARES INC/MS (FBMS) stock?
ChartMill assigns a technical rating of 3 / 10 to FBMS.
What is the current trend direction of FIRST BANCSHARES INC/MS (FBMS) stock?
The current trend direction for FIRST BANCSHARES INC/MS (FBMS) is Bearish.
Can you provide the RSI signal for FIRST BANCSHARES INC/MS?
FIRST BANCSHARES INC/MS (FBMS) has an RSI value of 40.2419. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for FIRST BANCSHARES INC/MS?
FIRST BANCSHARES INC/MS (FBMS) has a support level at 33.64 and a resistance level at 33.98. Check the full technical report for our detailed analysis of FBMS support and resistance levels.