FRANKLIN CANAD ULT SHT BD FD (FHIS.CA) Stock Technical Analysis
TSX:FHIS - Toronto Stock Exchange - CA35249A1049 - ETF - Currency: CAD
Taking everything into account, FHIS scores 2 out of 10 in our technical rating. In the last year, FHIS was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, FHIS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 20.89, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
More info and screens
20.09
2 important support areas can be observed.
- A support zone ranging from 20.76 to 20.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.29 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.91 to 20.97. This zone is formed by a combination of multiple trend lines and important moving averages 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 FHIS.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FHIS.CA is neutral. |
| ChartMill Relative Strength | 26.9 | NEGATIVE | FHIS.CA has a low relative strength, it was outperformed by 73.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FHIS.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FHIS.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FHIS.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.46 | NEUTRAL | The RSI value for FHIS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FHIS.CA has a negative trend. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for FHIS.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.13 | LOW VOLATILITY | The low ATR as a percentage value for FHIS.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 33.7 | POSITIVE | The high ADX value value for FHIS.CA suggests a strong trend. |
TSX:FHIS (7/11/2025, 7:00:00 PM)
20.89
-0.03 (-0.14%)