FEDERATED HERM PREM MUNI INC (FMN) Stock Technical Analysis
NYSE:FMN - New York Stock Exchange, Inc. - US31423P1084 - Currency: USD
Overall FMN gets a technical rating of 2 out of 10. In the past year, FMN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, FMN is a bad performer in the overall market: 71% of all stocks are doing better.
FMN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FMN is lagging the market.
Warning: FMN has an average volume of 27964 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month FMN has a been trading in a tight range between 10.51 and 10.72.
Although the technical rating is bad, FMN does present a nice setup opportunity. 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 10.60, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FMN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
10.11
11.66
We found 2 important support areas.
- A support zone ranging from 10.56 to 10.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 10.21 to 10.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 10.61 to 10.68. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 10.87 to 10.96. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 11.18 to 11.54. 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 | DOWN | NEGATIVE | The long term trend for FMN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FMN is neutral. |
| ChartMill Relative Strength | 29.42 | NEGATIVE | FMN has a low relative strength, it was outperformed by 70.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FMN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FMN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FMN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.38 | NEUTRAL | The RSI value for FMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FMN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.04 | NEUTRAL | The Stochastics value for FMN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.69 | LOW VOLATILITY | The low ATR as a percentage value for FMN suggests low volalility. |
| Average Directional Index/ADX (14) | 17.04 | NEGATIVE | The low ADX value for FMN suggests a weak or negative trend. |
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)
NYSE:FMN (6/20/2025, 8:04:00 PM)
10.6
+0.02 (+0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.19%
1 Week-0.28%
2 Weeks0.19%
1 Month0.38%
3 Month-3.28%
6 Month-3.2%
12 Month-7.1%
2 Year-0.28%
3 Year-4.16%
5 Year-19.7%
10 Year-23.58%
15 Year-26.85%
Volatility
ATR(14)0.07
ATR(20)%0.69%
ATR Inc4.39%
Range Today0.07
ADR(20)0.07
ADR(20)%0.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.42
Mansfield-0.94
10 Day High10.72
10 Day Low10.52
20 Day High10.72
20 Day Low10.51
52 Week High12.53
52 Week Low10.11
CS1 End10.6
CR1 Start10.61
Volume & EV
DER(3)4.66%
DER(5)5.44%
Volume23.60K
Volume Incr25.88%
Vol(5)26.92K
Vol(50)27.96K