FIRST HAWAIIAN INC (FHB) Stock Technical Analysis
USA - NASDAQ:FHB - US32051X1081 - Common Stock
We assign a technical rating of 2 out of 10 to FHB. FHB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, FHB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 25.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.42, a Stop Loss order could be placed below this zone.
More info and screens
22.38
2 important support areas can be observed.
- Support @23.42 from a horizontal line in the daily time frame.
- A support zone ranging from 22.61 to 22.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 25.55 to 25.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.43 from a horizontal line in the daily time frame.
- Resistance @26.91 from a horizontal line in the daily time frame.
- Resistance @27.90 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for FHB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FHB is neutral. |
| ChartMill Relative Strength | 40.31 | NEUTRAL | FHB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FHB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FHB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FHB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.14 | NEUTRAL | The RSI value for FHB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests FHB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.28 | NEUTRAL | The Stochastics value for FHB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for FHB suggests some volalility. |
| Average Directional Index/ADX (14) | 14.69 | NEGATIVE | The low ADX value for FHB suggests a weak or negative trend. |
24.53
+0.15 (+0.62%)
FIRST HAWAIIAN INC / FHB FAQ
What is the technical rating for FHB stock?
ChartMill assigns a technical rating of 2 / 10 to FHB.
What is the current trend direction of FIRST HAWAIIAN INC (FHB) stock?
The current trend direction for FIRST HAWAIIAN INC (FHB) is Bearish.
Can you provide the RSI signal for FIRST HAWAIIAN INC?
FIRST HAWAIIAN INC (FHB) has an RSI value of 51.139. This indicates that the stock is currently neutral.
What is the MACD signal for FIRST HAWAIIAN INC (FHB) stock?
The MACD indicator for FIRST HAWAIIAN INC (FHB) has a value of 0.125852, indicating a bearish trend.
Can you provide the support and resistance levels for FIRST HAWAIIAN INC?
FIRST HAWAIIAN INC (FHB) has a support level at 23.42 and a resistance level at 25.55. Check the full technical report for our detailed analysis of FHB support and resistance levels.