FIRST MID BANCSHARES INC (FMBH) Stock Technical Analysis
NASDAQ:FMBH • US3208661062
Overall FMBH gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FMBH is only an average performer.
- 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!
- FMBH 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 FMBH is lagging the market slightly.
- When comparing the performance of all stocks over the past year, FMBH turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
- FMBH is an average performer in the Banks industry, it outperforms 55% of 379 stocks in the same industry.
- In the last month FMBH has a been trading in the 40.83 - 44.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, FMBH also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 42.07, a Stop Loss order could be placed below this zone.
More info and screens
30.02
When analyzing the support we can see 6 important areas.
- A support zone ranging from 41.56 to 42.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.62 to 38.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.36 from a horizontal line in the daily time frame.
- Support @34.97 from a horizontal line in the daily time frame.
- Support @32.24 from a trend line in the weekly time frame.
- Support @30.32 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 44.60 to 44.60. This zone is formed by a combination of multiple trend lines 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 FMBH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FMBH is neutral. |
| ChartMill Relative Strength | 67.32 | 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) | 45.9 | NEUTRAL | The RSI value for FMBH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests FMBH has a negative trend. |
| Stochastics (14,3) | 45.54 | NEUTRAL | The Stochastics value for FMBH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for FMBH suggests some volalility. |
| Average Directional Index/ADX (14) | 14.09 | NEGATIVE | The low ADX value for FMBH suggests a weak or negative trend. |
42.08
-1.76 (-4.01%)
FIRST MID BANCSHARES INC / FMBH FAQ
What is the technical rating for FMBH stock?
ChartMill assigns a technical rating of 7 / 10 to FMBH.
Can you provide the trend direction for FIRST MID BANCSHARES INC?
The current trend direction for FIRST MID BANCSHARES INC (FMBH) is Bullish.
Can you provide the RSI signal for FIRST MID BANCSHARES INC?
FIRST MID BANCSHARES INC (FMBH) has an RSI value of 45.9004. This indicates that the stock is currently neutral.
What is the MACD signal for FMBH stock?
The MACD indicator for FIRST MID BANCSHARES INC (FMBH) has a value of -0.210985, indicating a bearish trend.
What is the short term momentum for FIRST MID BANCSHARES INC (FMBH) stock?
The short term momentum for FIRST MID BANCSHARES INC (FMBH) is neutral.