FEDERATED HERMES INC (FHI) Stock Technical Analysis
NYSE:FHI • US3142111034
Overall FHI gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FHI is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, FHI did better than 83% of all other stocks. On top of that, FHI also shows a nice and consistent pattern of rising prices.
- FHI is one of the better performing stocks in the Capital Markets industry, it outperforms 89% of 238 stocks in the same industry.
- FHI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month FHI has a been trading in the 51.50 - 56.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, FHI also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 55.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 53.94, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FHI in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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42.30
We found 5 important support areas.
- A support zone ranging from 52.07 to 53.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @50.58 from a trend line in the daily time frame.
- Support @48.14 from a horizontal line in the weekly time frame.
- Support @47.29 from a horizontal line in the daily time frame.
- Support @42.73 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 55.89 to 56.07. 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 | UP | POSITIVE | The long term trend for FHI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FHI is up. |
| ChartMill Relative Strength | 83.04 | POSITIVE | FHI has a high relative strength, it outperformed 83.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FHI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FHI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FHI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.77 | NEUTRAL | The RSI value for FHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests FHI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.96 | NEUTRAL | The Stochastics value for FHI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for FHI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.97 | NEGATIVE | The low ADX value for FHI suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 56.08 | 52.57 | 3.51 (6.26%) | 15.98% |
| An entry @56.08. This is a Buy Stop order right above the resistance zone. | An exit @52.57. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.51 points, which is 6.26%. | For a 1.00% total portfolio risk, you can invest 15.98% of your capital in this trade. |
- 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.
55.4
+0.72 (+1.32%)
FEDERATED HERMES INC / FHI FAQ
Can you provide the ChartMill technical rating for FEDERATED HERMES INC?
ChartMill assigns a technical rating of 10 / 10 to FHI.
What is the trend direction for FHI stock?
The current trend direction for FEDERATED HERMES INC (FHI) is Bullish.
What is the RSI signal for FEDERATED HERMES INC (FHI) stock?
FEDERATED HERMES INC (FHI) has an RSI value of 56.7721. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for FEDERATED HERMES INC?
The buy/sell signal for FEDERATED HERMES INC (FHI) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for FEDERATED HERMES INC?
FEDERATED HERMES INC (FHI) has a support level at 53.94 and a resistance level at 55.89. Check the full technical report for our detailed analysis of FHI support and resistance levels.