FIRST HAWAIIAN INC (FHB) Stock Technical Analysis
NASDAQ:FHB - US32051X1081 - Common Stock
25.72 USD
+0.15 (+0.59%)
25.72 USD
0 (0%)
Overall FHB gets a technical rating of 7 out of 10. Although FHB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
FHB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
FHB has an average volume of 1058470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, FHB outperforms 61% of them, which is more or less in line with the market.
FHB is an average performer in the Banks industry, it outperforms 46% of 391 stocks in the same industry.
FHB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FHB is lagging the market.
FHB has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
22.38
27.18
When analyzing the support we can see 4 important areas.
- A support zone ranging from 25.08 to 25.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.41 to 24.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.34 to 23.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.61 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 25.81 to 26.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @26.91 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FHB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FHB is up. |
| ChartMill Relative Strength | 61.27 | NEUTRAL | FHB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FHB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FHB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FHB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.42 | NEUTRAL | The RSI value for FHB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FHB has a negative trend. |
| Stochastics (14,3) | 61.46 | NEUTRAL | The Stochastics value for FHB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for FHB suggests low volalility. |
| Average Directional Index/ADX (14) | 21.13 | NEUTRAL | The ADX value for FHB suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 26.25 | 25.32 | 0.93 (3.54%) | 25.00% |
| An entry @26.25. This is a Buy Stop order right above the resistance zone. | An exit @25.32. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.93 points, which is 3.54%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.89%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
25.72
+0.15 (+0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.59%
1 Week-1.57%
2 Weeks-1.11%
1 Month2.76%
3 Month9.87%
6 Month4.3%
12 Month10.53%
2 Year42.49%
3 Year4.43%
5 Year77.75%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%1.86%
ATR Inc-17.1%
Range Today0.39
ADR(20)0.47
ADR(20)%1.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.27
Mansfield-0.73
10 Day High26.39
10 Day Low25.33
20 Day High26.39
20 Day Low24.11
52 Week High28.8
52 Week Low20.32
CS1 End25.42
CR1 Start25.81
Volume & EV
DER(3)1.38%
DER(5)-0.48%
Volume1.23M
Volume Incr-13.21%
Vol(5)883.10K
Vol(50)1.06M