We assign a technical rating of 8 out of 10 to FFBC. Although FFBC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- FFBC is part of the Banks industry. There are 383 other stocks in this industry, of which 62% are performing better than FFBC.
- The long and short term trends are both positive. This is looking good!
- FFBC 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 FFBC is lagging the market slightly.
- When comparing the performance of all stocks over the past year, FFBC turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
- In the last month FFBC has a been trading in the 24.59 - 28.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Although FFBC has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
22.92
We found 3 important support areas.
- A support zone ranging from 25.65 to 26.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.02 from a trend line in the weekly time frame.
- A support zone ranging from 23.15 to 23.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @27.15 from a horizontal line in the weekly time frame.
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 | 58.06 | NEUTRAL | FFBC is not amongst the best or worst performers 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) | 59.81 | NEUTRAL | The RSI value for FFBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests FFBC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.35 | NEUTRAL | The Stochastics value for FFBC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for FFBC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.52 | NEUTRAL | The ADX value for FFBC suggests a possible start of a new trend. |
27.14
+0.3 (+1.12%)
FIRST FINANCIAL BANCORP / FFBC FAQ
What is the ChartMill technical rating of FIRST FINANCIAL BANCORP (FFBC) stock?
ChartMill assigns a technical rating of 8 / 10 to FFBC.
Can you provide the trend direction for FIRST FINANCIAL BANCORP?
The current trend direction for FIRST FINANCIAL BANCORP (FFBC) is Bullish.
What is the RSI signal for FFBC stock?
FIRST FINANCIAL BANCORP (FFBC) has an RSI value of 59.8089. This indicates that the stock is currently neutral.
What is the MACD signal for FIRST FINANCIAL BANCORP (FFBC) stock?
The MACD indicator for FIRST FINANCIAL BANCORP (FFBC) has a value of 0.134735, indicating a bearish trend.
What is the buy/sell signal for FFBC stock?
The buy/sell signal for FIRST FINANCIAL BANCORP (FFBC) is buy as both the short term and long term trends are positive.