RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of FFWM
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First Foundation Inc. stock upgraded from Sell Candidate to Hold/Accumulate after Thursday trading session.
(Updated on Mar 28, 2024)

Hold candidate since Mar 28, 2024 PDF

The First Foundation Inc. stock price gained 1.62% on the last trading day (Thursday, 28th Mar 2024), rising from $7.43 to $7.55. During the last trading day the stock fluctuated 4.12% from a day low at $7.27 to a day high of $7.57. The price has been going up and down for this period, and there has been a 3.14% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 571 thousand more shares were traded than the day before. In total, 918 thousand shares were bought and sold for approximately $6.93 million.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -27.88% during the next 3 months and, with a 90% probability hold a price between $4.49 and $6.13 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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FFWM Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 19, 2024, and so far it has risen 14.39%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The First Foundation Inc. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $7.72. On a fall, the stock will find some support from the short-term average at $7.35. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for First Foundation Inc. stock

First Foundation Inc. finds support from accumulated volume at $7.51 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.299 between high and low, or 4.12%. For the last week, the stock has had daily average volatility of 4.45%.

Our recommended stop-loss: $7.24 (-4.16%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 7 days ago.)

Trading Expectations (FFWM) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect First Foundation Inc. to open at $7.46, and during the day (based on 14 day Average True Range), to move between $7.11 and $7.99, which gives a possible trading interval of +/-$0.443 (+/-5.87%) up or down from last closing price. If First Foundation Inc. takes out the full calculated possible swing range there will be an estimated 11.73% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $7.51 (0.53%) than the resistance at $7.93 (5.03%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is First Foundation Inc. stock A Buy?

First Foundation Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.273 Hold/Accumulate Upgraded

Predicted Opening Price for First Foundation Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$7.46 ( 1.15%) $7.55

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for FFWM

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 7.76 2.82 %
R2 7.65 1.31 %
R1 7.58 0.370 %
Current price: 7.55
Support S1 7.35 -2.66 %
S2 7.28 -3.60 %
S3 7.16 -5.11 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 9.04 19.74 %
R2 8.21 8.74 %
R1 7.93 5.03 %
Current price 7.55
Support S1 7.51 -0.530%
S2 7.32 -3.05%
S3 7.30 -3.31%

FFWM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 25, 2024 Feb 02, 2024 Feb 15, 2024 $0.0100 0.122%
2 Oct 26, 2023 Nov 03, 2023 Nov 16, 2023 $0.0100 0.171%
3 Jul 25, 2023 Aug 04, 2023 Aug 17, 2023 $0.0200 0.270%
4 Aug 04, 2023 May 05, 2023 May 19, 2023 $0.0200 0.503%
5 Jan 26, 2023 Feb 03, 2023 May 19, 2023 $0.110 2.76%

FAQ

What is the symbol for First Foundation Inc. Stock and on which exchange is it traded?
The symbol for First Foundation Inc. is FFWM and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell First Foundation Inc. Stock?
First Foundation Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy First Foundation Inc. Stock?
First Foundation Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy First Foundation Inc. Stock.

What's the current price of First Foundation Inc. Stock?
As of the end of day on the 2024-03-28, the price of an First Foundation Inc. (FFWM) share was $7.55.

What is the 52-week high and low for First Foundation Inc. Stock?
The 52-week high for First Foundation Inc. Stock is $11.47 and the 52-week low is $3.70.

What is the market capitalization of First Foundation Inc. Stock?
As of the 2024-03-28, the market capitalization of First Foundation Inc. is 426.33M.

When is the next earnings date for First Foundation Inc.?
The upcoming earnings date for First Foundation Inc. is Apr 25, 2024.
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About First Foundation Inc.

First Foundation. First Foundation Inc., through its subsidiaries, provides personal banking, business banking, and private wealth management services in the United States. It operates through two segments, Banking and Wealth Management. The company offers a range of bank deposit products, including personal and business checking accounts, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificate of dep... FFWM Profile

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