FIRST MIDWEST BANCORP INC/IL (FMBI) Stock Technical Analysis
NASDAQ:FMBI - Nasdaq - Common Stock
We assign a technical rating of 7 out of 10 to FMBI. In the last year, FMBI was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, FMBI did better than 81% of all other stocks.
FMBI is part of the Banks industry. There are 398 other stocks in this industry, FMBI did better than 61% of them.
FMBI is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month FMBI has a been trading in the 20.17 - 22.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
FMBI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 21.09, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
18.75
22.61
When analyzing the support we can see 2 important areas.
- A support zone ranging from 20.44 to 21.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.94 to 19.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @22.39 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.71
Mansfield0.3
10 Day High21.58
10 Day Low20.59
20 Day High22.48
20 Day Low20.17
52 Week High24.28
52 Week Low17.41
Performance
1 Week0.28%
2 Weeks2.62%
1 Month-3.72%
3 Month4.62%
6 Month17.22%
12 Month15.09%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)56.9
LBB20.55
UBB21.45
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 |
|---|---|---|---|
| 22.40 | 20.58 | 1.82 (8.13%) | 12.31% |
| An entry @22.40. This is a Buy Stop order right above the resistance zone. | An exit @20.58. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.82 points, which is 8.13%. | For a 1.00% total portfolio risk, you can invest 12.31% 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.
21.51
+0.58 (+2.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.77%
1 Week0.28%
2 Weeks2.62%
1 Month-3.72%
3 Month4.62%
6 Month17.22%
12 Month15.09%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%2.91%
ATR Inc-10.85%
Range Today0.45
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.71
Mansfield0.3
10 Day High21.58
10 Day Low20.59
20 Day High22.48
20 Day Low20.17
52 Week High24.28
52 Week Low17.41
CS1 End21.09
CR1 Start22.39
Volume & EV
DER(3)-0.22%
DER(5)2.17%
Volume2.06M
Volume Incr44.29%
Vol(5)941.32K
Vol(50)652.14K