Taking everything into account, FFBC scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, FFBC is a bad performer.
FFBC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 25.36, a Stop Loss order could be placed below this zone.
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22.78
2 important support areas can be observed.
- A support zone ranging from 25.25 to 25.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.01 to 23.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.58 to 26.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | 34.12 | 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) | 59.56 | NEUTRAL | The RSI value for FFBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests FFBC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.66 | NEUTRAL | The Stochastics value for FFBC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for FFBC suggests some volalility. |
| Average Directional Index/ADX (14) | 32.65 | POSITIVE | The high ADX value value for FFBC suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 26.99 | 25.76 | 1.24 (4.58%) | 21.85% |
| An entry @26.99. This is a Buy Stop order right above the resistance zone. | An exit @25.75. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.24 points, which is 4.58%. | When investing 21.85% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
26.3
-0.25 (-0.94%)
FIRST FINANCIAL BANCORP / FFBC FAQ
What is the ChartMill technical rating of FIRST FINANCIAL BANCORP (FFBC) stock?
ChartMill assigns a technical rating of 7 / 10 to FFBC.
What is the trend direction for FFBC stock?
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 59.559. This indicates that the stock is currently neutral.
What is the short term momentum for FIRST FINANCIAL BANCORP (FFBC) stock?
The short term momentum for FIRST FINANCIAL BANCORP (FFBC) is positive.
What are the support and resistance levels for FIRST FINANCIAL BANCORP (FFBC) stock?
FIRST FINANCIAL BANCORP (FFBC) has a support level at 25.36 and a resistance level at 26.58. Check the full technical report for our detailed analysis of FFBC support and resistance levels.