FIRST MID BANCSHARES INC (FMBH) Stock Technical Analysis
USA - NASDAQ:FMBH - US3208661062 - Common Stock
40.44 USD
+1.21 (+3.08%)
40.44 USD
0 (0%)
We assign a technical rating of 6 out of 10 to FMBH. 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.
FMBH is part of the Banks industry. There are 392 other stocks in this industry, of which 63% are performing better than FMBH.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
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 compared to the yearly performance of all other stocks, FMBH outperforms 56% of them, which is more or less in line with the market.
In the last month FMBH has a been trading in the 37.94 - 41.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, FMBH does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 39.93, a Stop Loss order could be placed below this zone.
More info and screens
30.02
40.84
We found 5 important support areas.
- A support zone ranging from 38.83 to 39.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.27 to 37.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.94 from a horizontal line in the daily time frame.
- Support @31.63 from a trend line in the weekly time frame.
- Support @30.32 from a horizontal line in the weekly 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 FMBH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FMBH is neutral. |
| ChartMill Relative Strength | 56.27 | NEUTRAL | FMBH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FMBH is above 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) | DOWN | MIXED | The current price of FMBH is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.04 | NEUTRAL | The RSI value for FMBH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests FMBH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.98 | NEUTRAL | The Stochastics value for FMBH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for FMBH suggests some volalility. |
| Average Directional Index/ADX (14) | 17.24 | NEGATIVE | The low ADX value for FMBH suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 41.44 | 38.82 | 2.62 (6.32%) | 15.82% |
| An entry @41.44. This is a Buy Stop order right above the 10 day high. | An exit @38.82. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.62 points, which is 6.32%. | For a 1.00% total portfolio risk, you can invest 15.82% of your capital in this trade. |
- 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.
40.44
+1.21 (+3.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg3.08%
1 Week0.8%
2 Weeks-0.49%
1 Month5.26%
3 Month14.27%
6 Month15.48%
12 Month2.15%
2 Year52.26%
3 Year26.49%
5 Year62.08%
10 Year83.82%
15 YearN/A
Volatility
ATR(14)0.93
ATR(20)%2.26%
ATR Inc125.22%
Range Today1.97
ADR(20)0.87
ADR(20)%2.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.27
Mansfield-0.33
10 Day High41.43
10 Day Low38.52
20 Day High41.43
20 Day Low37.94
52 Week High43.86
52 Week Low27.58
CS1 End39.93
CR1 StartN/A
Volume & EV
DER(3)-0.98%
DER(5)-1.29%
Volume51.70K
Volume Incr-27.58%
Vol(5)48.40K
Vol(50)62.48K