FIRST HORIZON CORP (FHN) Stock Technical Analysis
NYSE:FHN - New York Stock Exchange, Inc. - US3205171057 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to FHN. In the last year, FHN was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Both the short term and long term trends are positive. This is a very positive sign.
FHN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
FHN has an average volume of 5571790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that FHN is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
FHN is part of the Banks industry. There are 396 other stocks in this industry, FHN did better than 58% of them.
FHN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FHN is lagging the market slightly.
FHN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 19.42, a Stop Loss order could be placed below this zone.
More info and screens
16.37
20.56
We found 2 important support areas.
- A support zone ranging from 19.09 to 19.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.54 to 16.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 19.95 to 20.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | UP | POSITIVE | The long term trend for FHN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FHN is up. |
| ChartMill Relative Strength | 79.36 | POSITIVE | FHN has a high relative strength, it outperformed 79.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FHN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FHN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FHN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.96 | NEUTRAL | The RSI value for FHN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests FHN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.55 | NEUTRAL | The Stochastics value for FHN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for FHN suggests some volalility. |
| Average Directional Index/ADX (14) | 27.06 | POSITIVE | The high ADX value value for FHN suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 20.37 | 19.08 | 1.29 (6.33%) | 15.79% |
| An entry @20.37. This is a Buy Stop order right above the resistance zone. | An exit @19.08. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.29 points, which is 6.33%. | For a 1.00% total portfolio risk, you can invest 15.79% 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.
NYSE:FHN (5/22/2025, 12:18:06 PM)
19.795
+0.37 (+1.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.88%
1 Week-4.57%
2 Weeks4.46%
1 Month11.73%
3 Month-6.72%
6 Month-7.17%
12 Month22.9%
2 Year88.46%
3 Year-14.89%
5 Year107.81%
10 Year31.64%
15 Year56.06%
Volatility
ATR(14)0.49
ATR(20)%2.47%
ATR Inc4.23%
Range Today0.41
ADR(20)0.42
ADR(20)%2.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.36
Mansfield0.49
10 Day High20.58
10 Day Low18.88
20 Day High20.58
20 Day Low17.23
52 Week High22.44
52 Week Low14.09
CS1 End19.42
CR1 Start19.95
Volume & EV
DER(3)1.94%
DER(5)2.05%
Volume2.77M
Volume Incr-10.34%
Vol(5)4.23M
Vol(50)5.57M