FIRST TR STRATEGIC HIGH INC FD (FHY) Stock Technical Analysis
NYSE:FHY - New York Stock Exchange, Inc. -
Taking everything into account, FHY scores 0 out of 10 in our technical rating. FHY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
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.
Although the technical rating is bad, FHY does present a nice setup opportunity. 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
11.71
13.94
When analyzing the support we notice one important 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.
We can see 3 important resistance areas.
- 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.
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. |
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)
FIRST TR STRATEGIC HIGH INC FD
NYSE:FHY (6/22/2018, 8:25:25 PM)
11.9
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-0.25%
2 Weeks-0.25%
1 Month-0.42%
3 Month-2.3%
6 Month-6.45%
12 Month-12.37%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%0.56%
ATR Inc4.25%
Range Today0.06
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.88
Mansfield-1.18
10 Day High11.98
10 Day Low11.83
20 Day High11.99
20 Day Low11.83
52 Week High13.9
52 Week Low11.83
CS1 End11.9
CR1 Start11.9
Volume & EV
DER(3)16.48%
DER(5)7.02%
Volume19.10K
Volume Incr64.51%
Vol(5)30.36K
Vol(50)19.06K