FIRST BANCSHARES INC/MS (FBMS) Stock Technical Analysis
NYSE:FBMS - New York Stock Exchange, Inc. - US3189161033 - Common Stock - Currency: USD
Overall FBMS gets a technical rating of 3 out of 10. 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 one of the better performing stocks in the Banks industry, it outperforms 96% of 395 stocks in the same industry.
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.
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
23.59
38.74
4 important support areas can be observed.
- 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.
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. |
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)
33.81
+0.16 (+0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.48%
1 Week-5.53%
2 Weeks-2.76%
1 Month-4.92%
3 Month-4.19%
6 Month7.95%
12 Month39.6%
2 Year30.89%
3 Year0.45%
5 Year77.29%
10 Year107.93%
15 Year257.78%
Volatility
ATR(14)0.99
ATR(20)%2.9%
ATR Inc58.91%
Range Today1.17
ADR(20)0.93
ADR(20)%2.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.5
Mansfield0.84
10 Day High36.57
10 Day Low32.91
20 Day High36.57
20 Day Low32.84
52 Week High39.21
52 Week Low22.96
CS1 End33.64
CR1 Start33.98
Volume & EV
DER(3)6.42%
DER(5)5.95%
Volume2.28M
Volume Incr322.46%
Vol(5)616.96K
Vol(50)195.18K