First Midwest Bancorp, Inc. ($FMBI): Caution Is Advised (2019-11-12)

REPORTING FOR 2019-11-12 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how FMBI has been trading over the last 2 weeks and the past day especially. On its latest session, First Midwest Bancorp, Inc. ($FMBI) opened at 21.9, reaching a high of 22.13 and a low of 21.81 before closing at a price of 21.94. There was a total volume of 346127.

VOLUME INDICATORS FOR FIRST MIDWEST BANCORP, INC. ($FMBI): We saw an accumulation-distribution index of 97.56943, an on-balance volume of -22.06, chaikin money flow of 1.78261 and a force index of 0.0088. There was an ease of movement rating of 0.0005, a volume-price trend of 2.27087 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR FIRST MIDWEST BANCORP, INC. ($FMBI): We noted an average true range of 0.28893, bolinger bands of 21.91513, an upper bollinger band of 21.58987, lower bollinger band of 21.81, a bollinger high band indicator of 1.0, bollinger low band indicator of nan, a central keltner channel of 21.94667, high band keltner channel of 21.71667, low band keltner channel of 22.17667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 21.81, a donchian channel low band of 21.81, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR FIRST MIDWEST BANCORP, INC. ($FMBI): We calculated a Moving Average Convergence Divergence (MACD) of -0.00258, a MACD signal of -0.00143, a MACD difference of -0.00115, a fast Exponential Moving Average (EMA) indicator of 21.81, a slow Exponential Moving Average (EMA) indicator of 21.81, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.31041, a trix of 8.82321, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -2.03474, a KST Oscillator (KST) of 102.89327 and a KST Oscillator (KST Signal) of 102.89327 (leaving a KST difference of -1.45384). We also found an Ichimoku rating of 22.015, an Ichimoku B rating of 22.015, a Ichimoku visual trend A of 20.25101, an Ichimoku visual trend B of 20.4982, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR FIRST MIDWEST BANCORP, INC. ($FMBI): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 95.76419, a stochastic oscillator of 139.13043, a stochastic oscillator signal of 139.13043, a Williams %R rating of 39.13043 and an awesome oscillator of -0.04067.

RETURNS FOR FIRST MIDWEST BANCORP, INC. ($FMBI): There was a daily return of 10.28933, a daily log return of -0.52868 and a cumulative return of -0.52728.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-12 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for First Midwest Bancorp, Inc. ($FMBI)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling First Midwest Bancorp, Inc. ($FMBI) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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