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 FMBH
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

First Mid-Illinois Bancshares stock price ended at $32.68 on Thursday, after gaining 0.96%.
(Updated on Mar 28, 2024)

Buy candidate since Mar 22, 2024 Gain 3.25% PDF

The First Mid-Illinois Bancshares stock price gained 0.96% on the last trading day (Thursday, 28th Mar 2024), rising from $32.37 to $32.68. During the last trading day the stock fluctuated 2.78% from a day low at $32.03 to a day high of $32.92. The price has risen in 6 of the last 10 days and is up by 10.18% over the past 2 weeks. Volume fell on the last day by -2 thousand shares and in total, 77 thousand shares were bought and sold for approximately $2.51 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

Given the current short-term trend, the stock is expected to fall -8.88% during the next 3 months and, with a 90% probability hold a price between $26.56 and $29.78 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.

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

FMBH Signals & Forecast

Mostly positive signals in the chart today. The First Mid-Illinois Bancshares 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 $31.78 and $30.77. 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 10.52%. 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 fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for First Mid-Illinois Bancshares stock

First Mid-Illinois Bancshares finds support from accumulated volume at $31.47 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.89 (2.78%) between high and low. For the last week, the stock has had daily average volatility of 2.32%.

Our recommended stop-loss: $31.63 (-3.22%) (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 (FMBH) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect First Mid-Illinois Bancshares to open at $32.54, and during the day (based on 14 day Average True Range), to move between $31.77 and $33.59, which gives a possible trading interval of +/-$0.91 (+/-2.77%) up or down from last closing price. If First Mid-Illinois Bancshares takes out the full calculated possible swing range there will be an estimated 5.55% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $33.12 (1.35%) than the support at $31.47 (3.70%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is First Mid-Illinois Bancshares stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 3.041 Buy Candidate Unchanged

Predicted Opening Price for First Mid-Illinois Bancshares of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$32.54 ( 0.418%) $32.68

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

Trading levels for FMBH

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 33.43 2.31 %
R2 33.09 1.26 %
R1 32.88 0.622 %
Current price: 32.68
Support S1 32.20 -1.46 %
S2 31.99 -2.10 %
S3 31.65 -3.14 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 33.61 2.85 %
R2 33.50 2.51 %
R1 33.12 1.35 %
Current price 32.68
Support S1 31.47 -3.70%
S2 30.04 -8.08%
S3 29.57 -9.52%

FMBH Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 23, 2024 Feb 15, 2024 Mar 01, 2024 $0.230 0.764%
2 Nov 22, 2023 Nov 22, 2023 Dec 01, 2023 $0.230 0.726%
3 Jul 25, 2023 Aug 11, 2023 Sep 01, 2023 $0.230 0.796%
4 Apr 26, 2023 May 16, 2023 Jun 01, 2023 $0.230 0.95%
5 Jan 24, 2023 Feb 14, 2023 Mar 01, 2023 $0.230 0.740%

FAQ

What is the symbol for First Mid-Illinois Bancshares Stock and on which exchange is it traded?
The symbol for First Mid-Illinois Bancshares is FMBH and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell First Mid-Illinois Bancshares Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

How to buy First Mid-Illinois Bancshares Stock?
First Mid-Illinois Bancshares 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 Mid-Illinois Bancshares Stock.

What's the current price of First Mid-Illinois Bancshares Stock?
As of the end of day on the 2024-03-28, the price of an First Mid-Illinois Bancshares (FMBH) share was $32.68.

What is the 52-week high and low for First Mid-Illinois Bancshares Stock?
The 52-week high for First Mid-Illinois Bancshares Stock is $35.83 and the 52-week low is $21.77.

What is the market capitalization of First Mid-Illinois Bancshares Stock?
As of the 2024-03-28, the market capitalization of First Mid-Illinois Bancshares is 780.709M.

When is the next earnings date for First Mid-Illinois Bancshares?
The upcoming earnings date for First Mid-Illinois Bancshares is Apr 24, 2024.
Click to get the best stock tips daily for free!

About First Mid-Illinois Bancshares

First Mid-Illinois Bancshares First Mid Bancshares, Inc., a financial holding company, provides community banking products and services to commercial, retail, and agricultural customers in the United States. It accepts various deposit products, such as demand deposits, savings accounts, money market deposits, and time deposits. The company's loan products include commercial real estate, commercial and industrial, agricultural and agricultural real estate, residential real est... FMBH Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT