FIRST FINANCIAL BANCORP (FFBC) Stock Technical Analysis
USA - NASDAQ:FFBC - US3202091092 - Common Stock
Taking everything into account, FFBC scores 0 out of 10 in our technical rating. FFBC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, FFBC does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 23.48, a Stop Loss order could be placed below this zone.
More info and screens
22.68
We found 1 important support area.
- A support zone ranging from 22.91 to 23.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 23.64 to 23.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.45 to 25.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.55 to 26.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @27.41 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for FFBC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FFBC is down. |
| ChartMill Relative Strength | 20.67 | NEGATIVE | FFBC has a low relative strength, it was outperformed by 79.33% off all stocks 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) | DOWN | NEGATIVE | The current price of FFBC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FFBC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.03 | NEUTRAL | The RSI value for FFBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests FFBC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.78 | NEUTRAL | The Stochastics value for FFBC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for FFBC suggests some volalility. |
| Average Directional Index/ADX (14) | 13.09 | NEGATIVE | The low ADX value for FFBC suggests a weak or negative trend. |
23.54
+0.27 (+1.16%)
FIRST FINANCIAL BANCORP / FFBC FAQ
What is the ChartMill technical rating of FIRST FINANCIAL BANCORP (FFBC) stock?
ChartMill assigns a technical rating of 0 / 10 to FFBC.
What is the trend direction for FFBC stock?
The current trend direction for FIRST FINANCIAL BANCORP (FFBC) is Bearish.
What is the RSI signal for FFBC stock?
FIRST FINANCIAL BANCORP (FFBC) has an RSI value of 41.0255. 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 negative.
What are the support and resistance levels for FIRST FINANCIAL BANCORP (FFBC) stock?
FIRST FINANCIAL BANCORP (FFBC) has a support level at 23.48 and a resistance level at 23.64. Check the full technical report for our detailed analysis of FFBC support and resistance levels.