FIRST SAVINGS FINANCIAL GRP (FSFG) Stock Technical Analysis
USA - NASDAQ:FSFG - US33621E1091 - Common Stock
30.12 USD
-0.83 (-2.68%)
30.12 USD
0 (0%)
Taking everything into account, FSFG scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, FSFG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: FSFG has an average volume of 22908 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, FSFG did better than 83% of all other stocks.
FSFG is one of the better performing stocks in the Banks industry, it outperforms 91% of 391 stocks in the same industry.
FSFG 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 FSFG is lagging the market slightly.
In the last month FSFG has a been trading in the 26.49 - 33.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FSFG has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 28.24, a Stop Loss order could be placed below this zone.
More info and screens
24.87
32.78
We found 2 important support areas.
- A support zone ranging from 26.88 to 28.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.12 to 26.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @32.46 from a horizontal line 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 FSFG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FSFG is up. |
| ChartMill Relative Strength | 83.37 | POSITIVE | FSFG has a high relative strength, it outperformed 83.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FSFG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FSFG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FSFG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.09 | NEUTRAL | The RSI value for FSFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests FSFG has a negative trend. |
| Stochastics (14,3) | 64.37 | NEUTRAL | The Stochastics value for FSFG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.28 | MEDIUM VOLATILITY | The ATR as a percentage value for FSFG suggests some volalility. |
| Average Directional Index/ADX (14) | 29.52 | POSITIVE | The high ADX value value for FSFG suggests a strong 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 |
|---|---|---|---|
| 31.23 | 30.10 | 1.13 (3.63%) | 25.00% |
| An entry @31.23. This is a Buy Stop order right above the 10 day moving average. | An exit @30.10. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.13 points, which is 3.63%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.91%. |
- The distance between exit and entry is rather small compared to the average daily movement of FSFG. 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.
30.12
-0.83 (-2.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.68%
1 Week-4.2%
2 Weeks-5.31%
1 Month11.27%
3 Month15.58%
6 Month35.61%
12 Month25.34%
2 Year100.94%
3 Year32.98%
5 Year67.18%
10 Year161.91%
15 Year544.97%
Volatility
ATR(14)1.14
ATR(20)%3.28%
ATR Inc-26.64%
Range Today1.14
ADR(20)0.73
ADR(20)%2.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.37
Mansfield0.49
10 Day High32.5
10 Day Low30.11
20 Day High33
20 Day Low26.49
52 Week High33
52 Week Low21.63
CS1 End28.24
CR1 Start32.46
Volume & EV
DER(3)-1.64%
DER(5)-1.07%
Volume14.10K
Volume Incr-13.96%
Vol(5)28.78K
Vol(50)22.91K