We assign a technical rating of 6 out of 10 to FMHI. Although FMHI is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, FMHI is a bad performer in the overall market: 65% of all stocks are doing better.
- The long and short term trends are both positive. This is looking good!
- FMHI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FMHI is lagging the market slightly.
- In the last month FMHI has a been trading in a tight range between 47.74 and 48.30.
FMHI has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 48.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 48.14, a Stop Loss order could be placed below this zone.
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45.43
When analyzing the support we can see 2 important areas.
- A support zone ranging from 46.99 to 48.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 45.89 to 45.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 48.20 to 48.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 49.26 to 49.26. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for FMHI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FMHI is up. |
| ChartMill Relative Strength | 35.62 | NEUTRAL | FMHI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FMHI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FMHI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FMHI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.24 | NEUTRAL | The RSI value for FMHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests FMHI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.48 | OVERBOUGHT | The high Stochastics value suggests FMHI may be overbought. |
| Average True Range in percent/ATR (20) | 0.23 | LOW VOLATILITY | The low ATR as a percentage value for FMHI suggests low volalility. |
| Average Directional Index/ADX (14) | 27.46 | POSITIVE | The high ADX value value for FMHI suggests a strong 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 |
|---|---|---|---|
| 48.27 | 47.89 | 0.38 (0.79%) | 25.00% |
| An entry @48.27. This is a Buy Stop order right above the resistance zone. | An exit @47.89. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.38 points, which is 0.79%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.20%. |
- 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.
NASDAQ:FMHI (1/16/2026, 8:17:13 PM)
48.19
-0.01 (-0.02%)
FIRST TRUST MUNICIPAL HIGH I / FMHI FAQ
What is the technical rating for FMHI stock?
ChartMill assigns a technical rating of 6 / 10 to FMHI.
What is the current trend direction of FIRST TRUST MUNICIPAL HIGH I (FMHI) stock?
The current trend direction for FIRST TRUST MUNICIPAL HIGH I (FMHI) is Bullish.
Can you provide the RSI signal for FIRST TRUST MUNICIPAL HIGH I?
FIRST TRUST MUNICIPAL HIGH I (FMHI) has an RSI value of 64.2394. This indicates that the stock is currently neutral.
What is the MACD signal for FMHI stock?
The MACD indicator for FIRST TRUST MUNICIPAL HIGH I (FMHI) has a value of 0.0254515, indicating a bearish trend.
What is the buy/sell signal for FMHI stock?
The buy/sell signal for FIRST TRUST MUNICIPAL HIGH I (FMHI) is buy as both the short term and long term trends are positive.