FIDELIS INSURANCE HOLDINGS L (FIHL) Stock Technical Analysis
NYSE:FIHL • BMG3398L1182
Taking everything into account, FIHL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FIHL is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that FIHL is one of the better performing stocks in the market, outperforming 78% of all stocks. We also observe that the gains produced by FIHL over the past year are nicely spread over this period.
- FIHL is one of the better performing stocks in the Insurance industry, it outperforms 90% of 149 stocks in the same industry.
- FIHL is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month FIHL has a been trading in the 18.48 - 20.15 range, which is quite wide. It is currently trading near the high of this range.
Besides having an excellent technical rating, FIHL also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 20.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.62, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
14.37
When analyzing the support we can see 5 important areas.
- A support zone ranging from 19.04 to 19.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.35 to 18.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.67 from a horizontal line in the daily time frame.
- Support @15.31 from a trend line in the weekly time frame.
- Support @14.52 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 20.05 to 20.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for FIHL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FIHL is up. |
| ChartMill Relative Strength | 78.5 | POSITIVE | FIHL has a high relative strength, it outperformed 78.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FIHL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FIHL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FIHL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.76 | NEUTRAL | The RSI value for FIHL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests FIHL has a positive trend. |
| Stochastics (14,3) | 78.68 | NEUTRAL | The Stochastics value for FIHL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for FIHL suggests some volalility. |
| Average Directional Index/ADX (14) | 17.97 | NEGATIVE | The low ADX value for FIHL suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 20.06 | 18.55 | 1.51 (7.53%) | 13.28% |
| An entry @20.06. This is a Buy Stop order right above the resistance zone. | An exit @18.55. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.51 points, which is 7.53%. | When investing 13.28% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
20.04
+0.35 (+1.78%)
FIDELIS INSURANCE HOLDINGS L / FIHL FAQ
What is the technical rating for FIHL stock?
ChartMill assigns a technical rating of 10 / 10 to FIHL.
What is the current trend direction of FIDELIS INSURANCE HOLDINGS L (FIHL) stock?
The current trend direction for FIDELIS INSURANCE HOLDINGS L (FIHL) is Bullish.
What is the RSI signal for FIDELIS INSURANCE HOLDINGS L (FIHL) stock?
FIDELIS INSURANCE HOLDINGS L (FIHL) has an RSI value of 63.7643. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for FIDELIS INSURANCE HOLDINGS L?
The buy/sell signal for FIDELIS INSURANCE HOLDINGS L (FIHL) is buy as both the short term and long term trends are positive.
What is the support and resistance level for FIHL stock?
FIDELIS INSURANCE HOLDINGS L (FIHL) has a support level at 19.62 and a resistance level at 20.05. Check the full technical report for our detailed analysis of FIHL support and resistance levels.