FEDNAT HOLDING CO (FNHC) Stock Technical Analysis
NASDAQ:FNHC - Nasdaq - US31431B1098 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to FNHC. FNHC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
92% of all other stocks performed better in the past year than FNHC.
FNHC is one of the lesser performing stocks in the Insurance industry. 90% of 145 stocks in the same industry do better.
FNHC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month FNHC has a been trading in the 0.16 - 1.13 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
FNHC has an average volume of 9917500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, FNHC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
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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 | NEUTRAL | NEUTRAL | The long term trend for FNHC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FNHC is down. |
| ChartMill Relative Strength | 8.17 | NEGATIVE | FNHC has a low relative strength, it was outperformed by 91.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FNHC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FNHC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FNHC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.57 | NEUTRAL | The RSI value for FNHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests FNHC has a negative trend. |
| Stochastics (14,3) | 4.59 | OVERSOLD | The low Stochastics value suggests FNHC may be oversold. |
| Average True Range in percent/ATR (20) | 102.82 | HIGH VOLATILITY | The high ATR as a percentage value for FNHC suggests high volalility. |
| Average Directional Index/ADX (14) | 30.47 | POSITIVE | The high ADX value value for FNHC suggests a strong 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)
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-0.08 (-29.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-29.58%
1 Week-29.7%
2 Weeks-66.44%
1 Month7.47%
3 Month-33.33%
6 Month-46.6%
12 Month-92.83%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%102.82%
ATR Inc-60.17%
Range Today0.1
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.17
Mansfield-7.2
10 Day High0.68
10 Day Low0.19
20 Day High1.13
20 Day Low0.16
52 Week High2.81
52 Week Low0.1
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-8.06%
DER(5)-5.7%
Volume2.16M
Volume Incr-93.35%
Vol(5)1.60M
Vol(50)9.92M