We assign a technical rating of 8 out of 10 to FFBC. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FFBC is only an average performer.
Although FFBC has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
22.92
We found 4 important support areas.
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 | UP | POSITIVE | The long term trend for FFBC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FFBC is up. |
| ChartMill Relative Strength | 70.46 | POSITIVE | FFBC has a high relative strength, it outperformed 70.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FFBC is above the rising 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) | 72.15 | OVERBOUGHT | The high RSI value suggests FFBC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests FFBC has a positive trend. |
| Stochastics (14,3) | 94.29 | OVERBOUGHT | The high Stochastics value suggests FFBC may be overbought. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for FFBC suggests some volalility. |
| Average Directional Index/ADX (14) | 27.28 | POSITIVE | The high ADX value value for FFBC suggests a strong trend. |
29.17
+0.43 (+1.5%)
ChartMill assigns a technical rating of 8 / 10 to FFBC.
The current trend direction for FIRST FINANCIAL BANCORP (FFBC) is Bullish.
FIRST FINANCIAL BANCORP (FFBC) has an RSI value of 72.1539. This indicates that the stock is currently overbought.
The MACD indicator for FIRST FINANCIAL BANCORP (FFBC) has a value of 0.251886, indicating a bearish trend.
The buy/sell signal for FIRST FINANCIAL BANCORP (FFBC) is buy as both the short term and long term trends are positive.