FIRST HAWAIIAN INC (FHB) Stock Technical Analysis
NASDAQ:FHB • US32051X1081
We assign a technical rating of 0 out of 10 to FHB. FHB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, FHB is a bad performer in the overall market: 73% of all stocks are doing better.
- FHB is one of the lesser performing stocks in the Banks industry. 87% of 379 stocks in the same industry do better.
- In the last month FHB has a been trading in the 24.40 - 28.11 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- FHB has an average volume of 1406960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- 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.
The technical rating of FHB is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
23.07
2 important support areas can be observed.
- Support @24.50 from a trend line in the weekly time frame.
- A support zone ranging from 23.30 to 23.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @25.05 from a horizontal line in the daily time frame.
- A resistance zone ranging from 25.81 to 26.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @27.23 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 27.90 to 27.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for FHB is down. |
| ChartMill Relative Strength | 27.07 | NEGATIVE | FHB has a low relative strength, it was outperformed by 72.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FHB is below 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) | UP | MIXED | The current price of FHB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.97 | NEUTRAL | The RSI value for FHB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests FHB has a negative trend. |
| Stochastics (14,3) | 28.11 | NEUTRAL | The Stochastics value for FHB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.49 | MEDIUM VOLATILITY | The ATR as a percentage value for FHB suggests some volalility. |
| Average Directional Index/ADX (14) | 15.44 | NEGATIVE | The low ADX value for FHB suggests a weak or negative trend. |
24.76
-1.13 (-4.36%)
FIRST HAWAIIAN INC / FHB FAQ
What is the technical rating for FHB stock?
ChartMill assigns a technical rating of 0 / 10 to FHB.
What is the trend direction for 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 36.9651. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FIRST HAWAIIAN INC?
The MACD indicator for FIRST HAWAIIAN INC (FHB) has a value of -0.179757, indicating a bearish trend.
What is the support and resistance level for FHB stock?
FIRST HAWAIIAN INC (FHB) has a support level at 24.5 and a resistance level at 25.05. Check the full technical report for our detailed analysis of FHB support and resistance levels.