First Financial Northwest Stock Forecast

Sell candidate since Dec 02, 2024 Loss -1.15%

The First Financial Northwest stock price gained 0.360% on the last trading day (Friday, 6th Dec 2024), rising from $22.23 to $22.31. During the last trading day the stock fluctuated 2.86% from a day low at $21.70 to a day high of $22.32. The price has been going up and down for this period, and there has been a -0.71% loss 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, 10 thousand more shares were traded than the day before. In total, 21 thousand shares were bought and sold for approximately $476.07 thousand.

The stock is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect First Financial Northwest stock with a 90% probability to be traded between $21.76 and $22.47 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stock seldom manage to go directly from the bottom of a trend up to the top. Stock turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Investment opportunities can be found at any hour. So, react immediately to market-moving news and capture more market opportunities when convenient for you. You can trade over 10,000 US Stocks and ETFs, US Equity Index options, US Treasuries – and more - around the clock. Interactive Brokers’ dual market centers ensure reliable and dependable overnight trading on your timetable. (Member SIPC)

FFNW Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). First Financial Northwest has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk. Some negative signals were issued as well, and these may have some influence on the near short-term development. The First Financial Northwest stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $22.44 and $22.48. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, November 22, 2024, and so far it has fallen -1.76%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for First Financial Northwest stock

First Financial Northwest finds support from accumulated volume at $22.25 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 $0.620 between high and low, or 2.86%. For the last week the stock has had daily average volatility of 1.50%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (FFNW) For The Upcoming Trading Day Of Monday 9th

For the upcoming trading day on Monday, 9th we expect First Financial Northwest to open at $22.11, and during the day (based on 14 day Average True Range), to move between $21.98 and $22.64, which gives a possible trading interval of +/-$0.327 (+/-1.47%) up or down from last closing price. If First Financial Northwest takes out the full calculated possible swing range there will be an estimated 2.93% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $22.25 (0.27%) than the resistance at $22.62 (1.39%), 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 Northwest stock A Buy?

First Financial Northwest holds several negative signals and is within a narrow and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -2.343 Sell Candidate Unchanged

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

Predicted Fair Opening Price

Predicted fair opening price on December 9, 2024 - $22.11 ( 0.90%).