Taking everything into account, FFBC scores 3 out of 10 in our technical rating. FFBC performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, FFBC does present a nice setup opportunity. 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 support zone below the current price at 25.48, a Stop Loss order could be placed below this zone.
22.89
2 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 FFBC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FFBC is neutral. |
| ChartMill Relative Strength | 34.02 | NEUTRAL | FFBC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FFBC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FFBC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FFBC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.02 | NEUTRAL | The RSI value for FFBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests FFBC has a negative trend. |
| Stochastics (14,3) | 56.5 | NEUTRAL | The Stochastics value for FFBC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for FFBC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.63 | NEGATIVE | The low ADX value for FFBC suggests a weak or negative trend. |
25.48
-0.32 (-1.24%)
ChartMill assigns a technical rating of 3 / 10 to FFBC.
The current trend direction for FIRST FINANCIAL BANCORP (FFBC) is Bearish.
FIRST FINANCIAL BANCORP (FFBC) has an RSI value of 48.0151. This indicates that the stock is currently neutral.
The MACD indicator for FIRST FINANCIAL BANCORP (FFBC) has a value of -0.0624554, indicating a bearish trend.