FIRST TRUST MUNICIPAL HIGH I (FMHI) Stock Technical Analysis
NASDAQ:FMHI - Nasdaq - US33739P3010 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to FMHI. FMHI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
In the last month FMHI has a been trading in the 44.80 - 48.65 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the performance of all stocks over the past year, FMHI turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
FMHI is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Volume is considerably higher in the last couple of days.
FMHI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 47.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 46.63, a Stop Loss order could be placed below this zone.
More info and screens
45.43
49.97
We found 1 important support area.
- A support zone ranging from 45.89 to 46.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 47.50 to 49.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.88
Mansfield-0.2
10 Day High47.15
10 Day Low45.74
20 Day High48.65
20 Day Low44.8
52 Week High49.51
52 Week Low44.8
Performance
1 Week1.21%
2 Weeks1.14%
1 Month-1.99%
3 Month-3.28%
6 Month-3.44%
12 Month-1.67%
2 Year0.47%
3 Year-4.58%
5 Year-4.43%
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)0.13
RSI(14)49.22
LBB45.81
UBB47.01
NASDAQ:FMHI (5/2/2025, 3:51:15 PM)
46.79
-0.11 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.23%
1 Week1.21%
2 Weeks1.14%
1 Month-1.99%
3 Month-3.28%
6 Month-3.44%
12 Month-1.67%
2 Year0.47%
3 Year-4.58%
5 Year-4.43%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%1.41%
ATR Inc-45.31%
Range Today0.2
ADR(20)0.61
ADR(20)%1.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.88
Mansfield-0.2
10 Day High47.15
10 Day Low45.74
20 Day High48.65
20 Day Low44.8
52 Week High49.51
52 Week Low44.8
CS1 End46.63
CR1 Start47.5
Volume & EV
DER(3)1.35%
DER(5)0.71%
Volume146.32K
Volume Incr33.07%
Vol(5)254.98K
Vol(50)137.81K