Overall FHTX gets a technical rating of 7 out of 10. In the last year, FHTX was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although FHTX has an excellent technical rating, it does not offer a high 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
3.58
When analyzing the support we can see 3 important areas.
- Support @4.19 from a trend line in the weekly time frame.
- Support @3.74 from a trend line in the weekly time frame.
- Support @3.62 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @5.79 from a horizontal line in the daily time frame.
- A resistance zone ranging from 6.13 to 6.20. This zone is formed by a combination of multiple trend lines in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for FHTX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FHTX is up. |
| ChartMill Relative Strength | 73.39 | POSITIVE | FHTX has a high relative strength, it outperformed 73.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FHTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FHTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FHTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.27 | NEUTRAL | The RSI value for FHTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests FHTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.55 | NEUTRAL | The Stochastics value for FHTX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.14 | HIGH VOLATILITY | The high ATR as a percentage value for FHTX suggests high volalility. |
| Average Directional Index/ADX (14) | 24.26 | NEUTRAL | The ADX value for FHTX suggests a possible start of a new trend. |
5.4
-0.15 (-2.7%)
FOGHORN THERAPEUTICS INC / FHTX FAQ
Can you provide the ChartMill technical rating for FOGHORN THERAPEUTICS INC?
ChartMill assigns a technical rating of 7 / 10 to FHTX.
What is the trend direction for FHTX stock?
The current trend direction for FOGHORN THERAPEUTICS INC (FHTX) is Bearish.
What is the RSI signal for FHTX stock?
FOGHORN THERAPEUTICS INC (FHTX) has an RSI value of 63.2677. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FOGHORN THERAPEUTICS INC?
The MACD indicator for FOGHORN THERAPEUTICS INC (FHTX) has a value of 0.11909, indicating a bearish trend.
What is the support and resistance level for FHTX stock?
FOGHORN THERAPEUTICS INC (FHTX) has a support level at 4.19 and a resistance level at 5.79. Check the full technical report for our detailed analysis of FHTX support and resistance levels.