Overall FRHC gets a technical rating of 0 out of 10. FRHC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, FRHC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 131.32, a Stop Loss order could be placed below this zone.
More info and screens
130.01
When analyzing the support we notice one important area.
- A support zone ranging from 131.32 to 131.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 131.90 to 133.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 136.78 to 136.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @152.69 from a trend line in the daily time frame.
- Resistance @166.53 from a trend line in the daily time frame.
- Resistance @175.40 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for FRHC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FRHC is down. |
| ChartMill Relative Strength | 21.19 | NEGATIVE | FRHC has a low relative strength, it was outperformed by 78.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FRHC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FRHC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FRHC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.1 | NEUTRAL | The RSI value for FRHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests FRHC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 26.04 | NEUTRAL | The Stochastics value for FRHC is a neutral value. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for FRHC suggests some volalility. |
| Average Directional Index/ADX (14) | 22.64 | NEUTRAL | The ADX value for FRHC suggests a possible start of a new trend. |
131.33
-0.77 (-0.58%)
FREEDOM HOLDING CORP/NV / FRHC FAQ
What is the technical rating for FRHC stock?
ChartMill assigns a technical rating of 0 / 10 to FRHC.
What is the trend direction for FRHC stock?
The current trend direction for FREEDOM HOLDING CORP/NV (FRHC) is Bearish.
What is the RSI signal for FREEDOM HOLDING CORP/NV (FRHC) stock?
FREEDOM HOLDING CORP/NV (FRHC) has an RSI value of 40.104. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FREEDOM HOLDING CORP/NV?
The MACD indicator for FREEDOM HOLDING CORP/NV (FRHC) has a value of 0.476988, indicating a bearish trend.
What is the buy/sell signal for FRHC stock?
The buy/sell signal for FREEDOM HOLDING CORP/NV (FRHC) is sell as both the short term and long term trends are negative.