FIRST FINL BANKSHARES INC (FFIN) Stock Technical Analysis
NASDAQ:FFIN - Nasdaq - US32020R1095 - Common Stock - Currency: USD
Taking everything into account, FFIN scores 6 out of 10 in our technical rating. FFIN has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, FFIN did better than 75% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
FFIN is an average performer in the Banks industry, it outperforms 49% of 394 stocks in the same industry.
FFIN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FFIN is lagging the market.
In the last month FFIN has a been trading in the 34.61 - 38.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, FFIN 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 36.38, a Stop Loss order could be placed below this zone.
More info and screens
30.98
38.91
We found 3 important support areas.
- A support zone ranging from 35.74 to 36.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.68 from a trend line in the weekly time frame.
- A support zone ranging from 31.29 to 31.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 36.95 to 37.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @38.52 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 | UP | POSITIVE | The long term trend for FFIN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FFIN is up. |
| ChartMill Relative Strength | 75.32 | POSITIVE | FFIN has a high relative strength, it outperformed 75.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FFIN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FFIN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FFIN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.11 | NEUTRAL | The RSI value for FFIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests FFIN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.08 | NEUTRAL | The Stochastics value for FFIN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for FFIN suggests some volalility. |
| Average Directional Index/ADX (14) | 21.97 | NEUTRAL | The ADX value for FFIN suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 37.78 | 35.73 | 2.05 (5.43%) | 18.43% |
| An entry @37.78. This is a Buy Stop order right above the resistance zone. | An exit @35.73. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.05 points, which is 5.43%. | For a 1.00% total portfolio risk, you can invest 18.43% of your capital in this trade. |
- 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.
36.73
-0.71 (-1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.9%
1 Week-2.73%
2 Weeks1.35%
1 Month-0.38%
3 Month17.35%
6 Month5.61%
12 Month18.94%
2 Year12.7%
3 Year-16.86%
5 Year22.76%
10 Year116.19%
15 Year199.71%
Volatility
ATR(14)0.92
ATR(20)%2.36%
ATR Inc-11.53%
Range Today0.7
ADR(20)0.84
ADR(20)%2.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.32
Mansfield-0.71
10 Day High38.13
10 Day Low35.4
20 Day High38.13
20 Day Low34.61
52 Week High44.66
52 Week Low30.58
CS1 End36.38
CR1 Start36.95
Volume & EV
DER(3)-0.98%
DER(5)-1.52%
Volume350.60K
Volume Incr-33.81%
Vol(5)415.32K
Vol(50)523.37K