We assign a technical rating of 4 out of 10 to FMHI. In the last year, FMHI was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
FMHI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 47.76, a Stop Loss order could be placed below this zone.
45.43
We found 2 important support areas.
When analyzing the resistance we notice one important area.
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 | DOWN | NEGATIVE | The short term trend for FMHI is down. |
| ChartMill Relative Strength | 42.62 | NEUTRAL | FMHI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FMHI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FMHI is below 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) | 41.38 | NEUTRAL | The RSI value for FMHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FMHI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.59 | OVERSOLD | The low Stochastics value suggests FMHI may be oversold. |
| Average True Range in percent/ATR (20) | 0.37 | LOW VOLATILITY | The low ATR as a percentage value for FMHI suggests low volalility. |
| Average Directional Index/ADX (14) | 21.95 | NEUTRAL | The ADX value for FMHI suggests a possible start of a new trend. |
NASDAQ:FMHI (12/5/2025, 8:20:59 PM)
47.83
-0.02 (-0.04%)
ChartMill assigns a technical rating of 4 / 10 to FMHI.
The current trend direction for FIRST TRUST MUNICIPAL HIGH I (FMHI) is Bullish.
FIRST TRUST MUNICIPAL HIGH I (FMHI) has an RSI value of 41.376. This indicates that the stock is currently neutral.
The buy/sell signal for FIRST TRUST MUNICIPAL HIGH I (FMHI) is hold as the short term and long term trends are mixed.
FIRST TRUST MUNICIPAL HIGH I (FMHI) has a support level at 47.76 and a resistance level at 47.92. Check the full technical report for our detailed analysis of FMHI support and resistance levels.