FIRST FOUNDATION INC (FFWM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FFWM - US32026V1044 - Common Stock
We assign a technical rating of 6 out of 10 to FFWM. FFWM has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- FFWM is one of the lesser performing stocks in the Banks industry. 72% of 383 stocks in the same industry do better.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- FFWM 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 FFWM is lagging the market slightly.
- When compared to the yearly performance of all other stocks, FFWM outperforms 49% of them, which is more or less in line with the market.
- In the last month FFWM has a been trading in the 5.97 - 6.54 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.
FFWM has an average technical rating and also the quality of the setup is only medium 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
4.77
We found 5 important support areas.
- A support zone ranging from 5.83 to 6.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.44 from a trend line in the weekly time frame.
- Support @5.14 from a horizontal line in the weekly time frame.
- Support @5.00 from a trend line in the weekly time frame.
- Support @4.82 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @6.04 from a horizontal line in the daily time frame.
- A resistance zone ranging from 6.18 to 6.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.36 to 6.40. This zone is formed by a combination of multiple trend lines 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 FFWM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FFWM is neutral. |
| ChartMill Relative Strength | 49.38 | NEUTRAL | FFWM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FFWM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FFWM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FFWM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.7 | NEUTRAL | The RSI value for FFWM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FFWM has a negative trend. |
| Stochastics (14,3) | 52.21 | NEUTRAL | The Stochastics value for FFWM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for FFWM suggests some volalility. |
| Average Directional Index/ADX (14) | 26.02 | POSITIVE | The high ADX value value for FFWM 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 |
|---|---|---|---|
| 6.05 | 5.98 | 0.07 (1.16%) | 25.00% |
| An entry @6.05. This is a Buy Stop order right above the resistance zone. | An exit @5.98. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.07 points, which is 1.16%. | For a 0.29% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of FFWM. 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.
6.01
-0.38 (-5.95%)
FIRST FOUNDATION INC / FFWM FAQ
What is the ChartMill technical rating of FIRST FOUNDATION INC (FFWM) stock?
ChartMill assigns a technical rating of 6 / 10 to FFWM.
What is the current trend direction of FIRST FOUNDATION INC (FFWM) stock?
The current trend direction for FIRST FOUNDATION INC (FFWM) is Bullish.
What is the RSI signal for FIRST FOUNDATION INC (FFWM) stock?
FIRST FOUNDATION INC (FFWM) has an RSI value of 46.704. This indicates that the stock is currently neutral.
What is the MACD signal for FIRST FOUNDATION INC (FFWM) stock?
The MACD indicator for FIRST FOUNDATION INC (FFWM) has a value of -0.0266101, indicating a bearish trend.
What is the short term momentum for FIRST FOUNDATION INC (FFWM) stock?
The short term momentum for FIRST FOUNDATION INC (FFWM) is neutral.