FOGHORN THERAPEUTICS INC (FHTX)

US3441741077 - Common Stock

5.99  -0.12 (-1.96%)

After market: 5.99 0 (0%)

Technical Rating and Analysis

4

Taking everything into account, FHTX scores 4 out of 10 in our technical rating. In the last year, FHTX was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
FHTX is part of the Biotechnology industry. There are 588 other stocks in this industry. FHTX outperforms 84% of them.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that FHTX is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this relatively good performance is mostly due to a recent big move.
FHTX 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 FHTX is lagging the market slightly.
In the last month FHTX has a been trading in the 4.80 - 8.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
FHTX Weekly chart
FHTX Daily chart
Setup Rating and Analysis

4

FHTX has an average technical rating and also the quality of the setup is only medium 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.

Support and Resistance Analysis

2.91

7.99

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 5.43 to 5.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @5.29 from a horizontal line in the weekly time frame.
  • Support @2.94 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 6.00 to 6.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @7.05 from a trend line in the weekly time frame.
  • Resistance @7.39 from a trend line in the weekly time frame.
  • A resistance zone ranging from 7.82 to 7.91. This zone is formed by a combination of multiple trend lines in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.98
Mansfield-1.26
10 Day High6.52
10 Day Low4.8
20 Day High8.05
20 Day Low4.8
52 Week High9.97
52 Week Low2.7
Performance
1 Week9.11%
2 Weeks13.02%
1 Month-15.63%
3 Month102.37%
6 Month56.4%
12 Month-0.99%
2 Year-53.57%
3 Year-42.46%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)49.49
LBB4.89
UBB6.24
FHTX Daily chart

FOGHORN THERAPEUTICS INC

NASDAQ:FHTX (5/3/2024, 7:00:00 PM)

After market: 5.99 0 (0%)

5.99

-0.12 (-1.96%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.96%
1 Week9.11%
2 Weeks13.02%
1 Month-15.63%
3 Month102.37%
6 Month56.4%
12 Month-0.99%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.54
ATR(20)%10.64%
ATR Inc
Range Today0.7
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High6.52
10 Day Low4.8
20 Day High8.05
20 Day Low4.8
52 Week High9.97
52 Week Low2.7
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume48.30K
Volume Incr-44.89%
Vol(5)44.54K
Vol(50)90.18K