FEDERATED HERMES INC (FHI) Technical Analysis
NYSE:FHI • US3142111034
Current stock price
FHI Technical Rating and Analysis
Taking everything into account, FHI scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that FHI is one of the better performing stocks in the market, outperforming 85% of all 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 240 stocks in the same industry.
- FHI is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so FHI is leading the market.
- In the last month FHI has a been trading in the 53.28 - 57.99 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
FHI Weekly and Daily overview Charts
FHI Setup Rating and Analysis
FHI 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. There is a support zone below the current price at 55.20, 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.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
FHI Support and Resistance Analysis
42.93
5 important support areas can be observed.
- A support zone ranging from 53.94 to 55.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 51.29 to 52.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @49.94 from a trend line in the daily time frame.
- Support @48.14 from a horizontal line in the weekly time frame.
- Support @43.36 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 56.39 to 57.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
FHI Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for FHI is neutral. |
| ChartMill Relative Strength | 85.07 | POSITIVE | FHI has a high relative strength, it outperformed 85.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FHI is below a declining 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) | 51.02 | NEUTRAL | The RSI value for FHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests FHI has a negative trend. |
| Stochastics (14,3) | 61.15 | NEUTRAL | The Stochastics value for FHI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for FHI suggests some volalility. |
| Average Directional Index/ADX (14) | 10.53 | NEGATIVE | The low ADX value for FHI suggests a weak or negative trend. |
FHI Chart- and CandleStick Pattern Analysis
FHI Example Setup
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 |
|---|---|---|---|
| 57.52 | 54.68 | 2.84 (4.95%) | 20.22% |
| An entry @57.52. This is a Buy Stop order right above the resistance zone. | An exit @54.68. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.84 points, which is 4.95%. | When investing 20.22% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
FHI Technicals: Chart, Performance Metrics, Trend & Indicators
56.18
+0.18 (+0.32%)
FEDERATED HERMES INC / FHI TA FAQ
Can you provide the ChartMill technical rating for FEDERATED HERMES INC?
ChartMill assigns a technical rating of 9 / 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 51.0192. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for FEDERATED HERMES INC?
FEDERATED HERMES INC (FHI) has a support level at 55.2 and a resistance level at 56.39. Check the full technical report for our detailed analysis of FHI support and resistance levels.