Overall FMBH gets a technical rating of 7 out of 10. Although FMBH is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although FMBH has an excellent technical rating, it does not offer a high quality setup 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.
30.02
5 important support areas can be observed.
We found 1 important resistance area.
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 FMBH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FMBH is neutral. |
| ChartMill Relative Strength | 58.28 | NEUTRAL | FMBH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FMBH is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FMBH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FMBH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.23 | NEUTRAL | The RSI value for FMBH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests FMBH has a negative trend. |
| Stochastics (14,3) | 16.37 | OVERSOLD | The low Stochastics value suggests FMBH may be oversold. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for FMBH suggests some volalility. |
| Average Directional Index/ADX (14) | 29.96 | POSITIVE | The high ADX value value for FMBH suggests a strong trend. |
40
-0.12 (-0.3%)
ChartMill assigns a technical rating of 7 / 10 to FMBH.
The current trend direction for FIRST MID BANCSHARES INC (FMBH) is Bullish.
FIRST MID BANCSHARES INC (FMBH) has an RSI value of 50.2275. This indicates that the stock is currently neutral.
The MACD indicator for FIRST MID BANCSHARES INC (FMBH) has a value of -0.282754, indicating a bearish trend.
The short term momentum for FIRST MID BANCSHARES INC (FMBH) is neutral.