Taking everything into account, FISI 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, FISI is showing a nice and steady performance.
Although FISI has an excellent technical rating, it does not present a decent entry opportunity 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.
24.50
When analyzing the support we can see 4 important areas.
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 FISI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FISI is up. |
| ChartMill Relative Strength | 76.3 | POSITIVE | FISI has a high relative strength, it outperformed 76.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FISI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FISI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FISI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.12 | NEUTRAL | The RSI value for FISI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests FISI has a positive trend. |
| Stochastics (14,3) | 90.37 | OVERBOUGHT | The high Stochastics value suggests FISI may be overbought. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for FISI suggests some volalility. |
| Average Directional Index/ADX (14) | 27.78 | POSITIVE | The high ADX value value for FISI suggests a strong trend. |
30.6
+0.01 (+0.03%)
ChartMill assigns a technical rating of 9 / 10 to FISI.
The current trend direction for FINANCIAL INSTITUTIONS INC (FISI) is Bullish.
FINANCIAL INSTITUTIONS INC (FISI) has an RSI value of 66.1152. This indicates that the stock is currently neutral.
The MACD indicator for FINANCIAL INSTITUTIONS INC (FISI) has a value of 0.107431, indicating a bearish trend.
The buy/sell signal for FINANCIAL INSTITUTIONS INC (FISI) is buy as both the short term and long term trends are positive.