FIRST TR STRATEGIC HIGH INC FD (FHY) Technical Analysis
NYSE:FHY
Current stock price
FHY Technical Rating and Analysis
Taking everything into account, FHY scores 0 out of 10 in our technical rating. FHY'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 77% of all other stocks performed better in the past year than FHY.
- FHY is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so FHY is lagging the market.
- Warning: FHY has an average volume of 19056 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month FHY has a been trading in a tight range between 11.83 and 11.99.
- Volume is considerably higher in the last couple of days.
FHY Weekly and Daily overview Charts
FHY Setup Rating and Analysis
FHY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 11.90, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FHY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
FHY Support and Resistance Analysis
11.71
We found 1 important support area.
- A support zone ranging from 11.83 to 11.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 11.90 to 12.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.41 to 12.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.80 from a trend line in the weekly time frame.
FHY 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 | DOWN | NEGATIVE | The long term trend for FHY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FHY is down. |
| ChartMill Relative Strength | 23.88 | NEGATIVE | FHY has a low relative strength, it was outperformed by 76.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FHY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FHY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FHY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.8 | NEUTRAL | The RSI value for FHY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FHY has a positive trend. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for FHY is a neutral value. |
| Average True Range in percent/ATR (20) | 0.56 | LOW VOLATILITY | The low ATR as a percentage value for FHY suggests low volalility. |
FHY Chart- and CandleStick Pattern Analysis
FHY Technicals: Chart, Performance Metrics, Trend & Indicators
FIRST TR STRATEGIC HIGH INC FD
NYSE:FHY (6/22/2018, 8:25:25 PM)
11.9
0 (0%)
FIRST TR STRATEGIC HIGH INC FD / FHY TA FAQ
What is the technical rating for FHY stock?
ChartMill assigns a technical rating of 0 / 10 to FHY.
What is the trend direction for FHY stock?
The current trend direction for FIRST TR STRATEGIC HIGH INC FD (FHY) is Bearish.
What is the RSI signal for FHY stock?
FIRST TR STRATEGIC HIGH INC FD (FHY) has an RSI value of 45.8047. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FIRST TR STRATEGIC HIGH INC FD?
The short term momentum for FIRST TR STRATEGIC HIGH INC FD (FHY) is negative.
What is the support and resistance level for FHY stock?
FIRST TR STRATEGIC HIGH INC FD (FHY) has a support level at 11.9 and a resistance level at 11.9. Check the full technical report for our detailed analysis of FHY support and resistance levels.