First Financial Bancorp. Technical Analysis (NASDAQ:FFBC)
Technical chart patterns are studied in depth by people who strongly believe in technical analysis. These type of investors who look at trading charts or technical stock charts are usually traders rather than value investors. When a chart pattern that can predict future First Financial Bancorp. stock price movements is formed, the FFBC stock chart can become a key tool for a technical analyst.
You can view Simple Moving Average (SMA 20 day, 50 day & 100 day), Exponential Moving Average (EMA 20 day, 50 day & 100 day) charts, and Bollinger Bands for First Financial Bancorp.. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking First Financial Bancorp. stock analysis using these technical indicators helps identify trading opportunities.
First Financial Bancorp. Moving Average:
FFBC stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of First Financial Bancorp. chart patterns after the calculations remain the same. The 100 day moving average of 27.78 is below the last closing price of 28.95. One needs to choose the duration of a moving average depending on the investment objective and investment horizon. For periods greater than 100, it takes a larger and longer FFBC stock price movement for the moving average to change course.
First Financial Bancorp. Bollinger Bands:
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the FFBC stock. The stock price is trading between the average and the lower band in the context of First Financial Bancorp. bollinger bands.
First Financial Bancorp. Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The First Financial Bancorp. MACD line is above the signal line.
First Financial Bancorp. Relative Strength Index:
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 74.11 is the RSI value of FFBC stock. .