FOGHORN THERAPEUTICS INC (FHTX) Technical Analysis
NASDAQ:FHTX • US3441741077
Current stock price
4.76 USD
+0.01 (+0.21%)
At close:
4.8 USD
+0.04 (+0.84%)
After Hours:
FHTX Technical Rating and Analysis
Taking everything into account, FHTX scores 0 out of 10 in our technical rating. FHTX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 73% of all other stocks performed better in the past year than FHTX.
- In the last month FHTX has a been trading in the 4.53 - 5.59 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- FHTX is part of the Biotechnology industry. There are 515 other stocks in this industry, FHTX did better than 43% of them.
- FHTX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FHTX is lagging the market.
FHTX Weekly and Daily overview Charts
FHTX Setup Rating and Analysis
The technical rating of FHTX is bad and it also does not present a 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
FHTX Support and Resistance Analysis
4.04
6.57
When analyzing the support we can see 4 important areas.
- Support @4.63 from a trend line in the daily time frame.
- A support zone ranging from 4.49 to 4.54. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @4.41 from a horizontal line in the daily time frame.
- Support @4.08 from a horizontal line in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 5.09 to 5.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.32 to 5.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.51 from a trend line in the weekly time frame.
- Resistance @6.13 from a horizontal line in the weekly time frame.
- Resistance @6.50 from a horizontal line in the daily time frame.
FHTX 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 | NEUTRAL | NEUTRAL | The long term trend for FHTX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FHTX is down. |
| ChartMill Relative Strength | 27.69 | NEGATIVE | FHTX has a low relative strength, it was outperformed by 72.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FHTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FHTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FHTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.59 | NEUTRAL | The RSI value for FHTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FHTX has a negative trend. |
| Stochastics (14,3) | 18.54 | OVERSOLD | The low Stochastics value suggests FHTX may be oversold. |
| Average True Range in percent/ATR (20) | 5.96 | HIGH VOLATILITY | The high ATR as a percentage value for FHTX suggests high volalility. |
| Average Directional Index/ADX (14) | 17.51 | NEGATIVE | The low ADX value for FHTX suggests a weak or negative trend. |
FHTX Chart- and CandleStick Pattern Analysis
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)
FHTX Technicals: Chart, Performance Metrics, Trend & Indicators
4.76
+0.01 (+0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.21%
1 Week-10.36%
2 Weeks-10.02%
1 Month-3.45%
3 Month-16.64%
6 Month7.94%
12 Month12.26%
2 Year-18.35%
3 Year-24.32%
5 Year-54.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%5.96%
ATR Inc-42.99%
Range Today0.17
ADR(20)0.27
ADR(20)%5.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.69
3 months CRS15.33
6 months CRS67.06
Mansfield-1.29
10 Day High5.59
10 Day Low4.63
20 Day High5.59
20 Day Low4.53
52 Week High6.95
52 Week Low3.27
CS1 End4.63
CR1 Start5.09
Volume & EV
DER(3)2.16%
DER(5)4.37%
Volume90.30K
Volume Incr-4.51%
Vol(5)122.30K
Vol(50)151.49K
FOGHORN THERAPEUTICS INC / FHTX TA FAQ
Can you provide the ChartMill technical rating for FOGHORN THERAPEUTICS INC?
ChartMill assigns a technical rating of 0 / 10 to FHTX.
Can you provide the trend direction for FOGHORN THERAPEUTICS INC?
The current trend direction for FOGHORN THERAPEUTICS INC (FHTX) is Bearish.
What is the RSI signal for FOGHORN THERAPEUTICS INC (FHTX) stock?
FOGHORN THERAPEUTICS INC (FHTX) has an RSI value of 42.586. 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 -0.0291061, indicating a bearish trend.