FIRST FINANCIAL NORTHWEST (FFNW) Stock Technical Analysis
USA - NASDAQ:FFNW - US32022K1025 - Common Stock
Taking everything into account, FFNW scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FFNW is showing a nice and steady performance.
Besides having an excellent technical rating, FFNW also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 22.42, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
19.64
We found 4 important support areas.
- A support zone ranging from 21.88 to 22.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.74 from a trend line in the weekly time frame.
- Support @20.36 from a horizontal line in the weekly time frame.
- Support @19.84 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.65 to 23.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 FFNW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FFNW is up. |
| ChartMill Relative Strength | 82.28 | POSITIVE | FFNW has a high relative strength, it outperformed 82.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FFNW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FFNW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FFNW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.32 | NEUTRAL | The RSI value for FFNW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests FFNW has a negative trend. |
| Stochastics (14,3) | 59.83 | NEUTRAL | The Stochastics value for FFNW is a neutral value. |
| Average True Range in percent/ATR (20) | 1.09 | LOW VOLATILITY | The low ATR as a percentage value for FFNW suggests low volalility. |
| Average Directional Index/ADX (14) | 11.46 | NEGATIVE | The low ADX value for FFNW suggests a weak or negative 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 |
|---|---|---|---|
| 22.69 | 22.26 | 0.43 (1.88%) | 25.00% |
| An entry @22.69. This is a Buy Stop order right above the 10 day moving average. | An exit @22.26. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.43 points, which is 1.88%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.47%. |
- The distance between exit and entry is rather small compared to the average daily movement of FFNW. Please evaluate whether better entry and exit points can be found.
- 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.
22.56
-0.28 (-1.23%)
FIRST FINANCIAL NORTHWEST / FFNW FAQ
Can you provide the ChartMill technical rating for FIRST FINANCIAL NORTHWEST?
ChartMill assigns a technical rating of 9 / 10 to FFNW.
Can you provide the trend direction for FIRST FINANCIAL NORTHWEST?
The current trend direction for FIRST FINANCIAL NORTHWEST (FFNW) is Bullish.
What is the RSI signal for FIRST FINANCIAL NORTHWEST (FFNW) stock?
FIRST FINANCIAL NORTHWEST (FFNW) has an RSI value of 54.3163. This indicates that the stock is currently neutral.
What is the MACD signal for FIRST FINANCIAL NORTHWEST (FFNW) stock?
The MACD indicator for FIRST FINANCIAL NORTHWEST (FFNW) has a value of -0.0402577, indicating a bearish trend.
What is the support and resistance level for FFNW stock?
FIRST FINANCIAL NORTHWEST (FFNW) has a support level at 22.42 and a resistance level at 22.65. Check the full technical report for our detailed analysis of FFNW support and resistance levels.