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 FFBC
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First Financial Bancorp. stock upgraded to Buy Candidate.
(Updated on Mar 28, 2024)

Buy candidate since Mar 28, 2024 PDF

The First Financial Bancorp. stock price gained 0.764% on the last trading day (Thursday, 28th Mar 2024), rising from $22.25 to $22.42. During the last trading day the stock fluctuated 2.74% from a day low at $22.06 to a day high of $22.66. The price has been going up and down for this period, and there has been a 6.46% 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, 95 thousand more shares were traded than the day before. In total, 326 thousand shares were bought and sold for approximately $7.31 million.

The stockhas broken the falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $22.23, a level that may pose a second chance to hit a runner. According to fan-theory $23.81 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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FFBC Signals & Forecast

Mostly positive signals in the chart today. The First Financial Bancorp. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $21.85 and $21.84. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 6.56%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for First Financial Bancorp. stock

First Financial Bancorp. finds support from accumulated volume at $22.36 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.605 between high and low, or 2.74%. For the last week the stock has had daily average volatility of 2.37%.

Our recommended stop-loss: $21.44 (-4.37%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 8 days ago.)

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

For the upcoming trading day on Monday, 1st we expect First Financial Bancorp. to open at $22.38, and during the day (based on 14 day Average True Range), to move between $21.87 and $22.97, which gives a possible trading interval of +/-$0.547 (+/-2.44%) up or down from last closing price. If First Financial Bancorp. takes out the full calculated possible swing range there will be an estimated 4.88% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $22.36 (0.27%) than the resistance at $23.03 (2.72%), 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 Financial Bancorp. stock A Buy?

Several short-term signals are positive and the break-up from the falling trend indicates a possible shift for a trend. We believe that the prices around the breaking point will indicate particularly good levels, but we also believe that the current level will hold a possible good buy level for the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.537 Buy Candidate Upgraded

Predicted Opening Price for First Financial Bancorp. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$22.38 ( 0.186%) $22.42

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

Trading levels for FFBC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 22.98 2.51 %
R2 22.75 1.48 %
R1 22.61 0.84 %
Current price: 22.42
Support S1 22.15 -1.22 %
S2 22.00 -1.85 %
S3 21.77 -2.88 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 23.68 5.62 %
R2 23.09 2.99 %
R1 23.03 2.72 %
Current price 22.42
Support S1 22.36 -0.268%
S2 21.83 -2.63%
S3 21.37 -4.68%

FFBC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 25, 2024 Feb 29, 2024 Mar 15, 2024 $0.230 1.08%
2 Oct 24, 2023 Nov 30, 2023 Dec 15, 2023 $0.230 0.97%
3 Jul 25, 2023 Aug 31, 2023 Sep 15, 2023 $0.230 1.13%
4 Apr 25, 2023 May 31, 2023 Jun 15, 2023 $0.230 1.05%
5 Jan 24, 2023 Feb 28, 2023 Mar 15, 2023 $0.230 1.07%

FAQ

What is the symbol for First Financial Bancorp. Stock and on which exchange is it traded?
The symbol for First Financial Bancorp. is FFBC and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell First Financial Bancorp. Stock?
Several short-term signals are positive and the break-up from the falling trend indicates a possible shift for a trend. We believe that the prices around the breaking point will indicate particularly good levels, but we also believe that the current level will hold a possible good buy level for the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy First Financial Bancorp. Stock?
First Financial Bancorp. 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 Financial Bancorp. Stock.

What's the current price of First Financial Bancorp. Stock?
As of the end of day on the 2024-03-28, the price of an First Financial Bancorp. (FFBC) share was $22.42.

What is the 52-week high and low for First Financial Bancorp. Stock?
The 52-week high for First Financial Bancorp. Stock is $24.99 and the 52-week low is $17.24.

What is the market capitalization of First Financial Bancorp. Stock?
As of the 2024-03-28, the market capitalization of First Financial Bancorp. is 2.132B.

When is the next earnings date for First Financial Bancorp.?
The upcoming earnings date for First Financial Bancorp. is Apr 18, 2024.
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About First Financial Bancorp.

First Financial Ban. First Financial Bancorp. operates as the bank holding company for First Financial Bank that provides commercial banking and related services to individuals and businesses in Ohio, Indiana, Kentucky, and Illinois. The company accepts various deposit products, such as interest-bearing and noninterest-bearing accounts, time deposits, and cash management services for commercial customers. It also provides real estate loans secured by residential prop... FFBC Profile

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