FIRST TRUST MUNICIPAL HIGH I (FMHI) Stock Technical Analysis
USA - NASDAQ:FMHI - US33739P3010 - ETF
We assign a technical rating of 7 out of 10 to FMHI. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FMHI is only an average performer.
FMHI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 47.76, a Stop Loss order could be placed below this zone.
More info and screens
45.43
We found 2 important support areas.
- A support zone ranging from 46.99 to 47.76. 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 45.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 48.02 to 49.48. This zone is formed by a combination of multiple trend lines and important moving averages 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 FMHI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FMHI is up. |
| ChartMill Relative Strength | 47.22 | NEUTRAL | FMHI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FMHI is below 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) | DOWN | MIXED | The current price of FMHI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.7 | NEUTRAL | The RSI value for FMHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests FMHI has a negative trend. |
| Stochastics (14,3) | 26.65 | NEUTRAL | The Stochastics value for FMHI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.39 | LOW VOLATILITY | The low ATR as a percentage value for FMHI suggests low volalility. |
| Average Directional Index/ADX (14) | 38.79 | 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 |
|---|---|---|---|
| 48.06 | 47.87 | 0.19 (0.40%) | 25.00% |
| An entry @48.06. This is a Buy Stop order right above the 10 day moving average. | An exit @47.87. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.19 points, which is 0.40%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.10%. |
- The distance between exit and entry is rather small compared to the average daily movement of FMHI. Please evaluate whether better entry and exit points can be found.
- 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 (11/6/2025, 11:25:38 AM)
47.98
+0.04 (+0.08%)
FIRST TRUST MUNICIPAL HIGH I / FMHI FAQ
What is the ChartMill technical rating of FIRST TRUST MUNICIPAL HIGH I (FMHI) stock?
ChartMill assigns a technical rating of 7 / 10 to FMHI.
Can you provide the trend direction for FIRST TRUST MUNICIPAL HIGH I?
The current trend direction for FIRST TRUST MUNICIPAL HIGH I (FMHI) is Bullish.
What is the RSI signal for FMHI stock?
FIRST TRUST MUNICIPAL HIGH I (FMHI) has an RSI value of 53.6968. This indicates that the stock is currently neutral.
What is the buy/sell signal for FIRST TRUST MUNICIPAL HIGH I (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.
Can you provide the support and resistance levels for FIRST TRUST MUNICIPAL HIGH I?
FIRST TRUST MUNICIPAL HIGH I (FMHI) has a support level at 47.76 and a resistance level at 48.02. Check the full technical report for our detailed analysis of FMHI support and resistance levels.