FREEDOM HOLDING CORP/NV (FRHC) Technical Analysis
NASDAQ:FRHC • US3563901046
Current stock price
FRHC Technical Rating and Analysis
Taking everything into account, FRHC scores 6 out of 10 in our technical rating. FRHC has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month FRHC has a been trading in the 107.97 - 138.43 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, FRHC turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
- FRHC is an average performer in the Capital Markets industry, it outperforms 69% of 242 stocks in the same industry.
- FRHC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FRHC is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
FRHC Weekly and Daily overview Charts
FRHC Setup Rating and Analysis
FRHC has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
FRHC Support and Resistance Analysis
115.24
We found 2 important support areas.
- A support zone ranging from 118.30 to 118.55. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @116.40 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @132.00 from a horizontal line in the weekly time frame.
- Resistance @137.45 from a horizontal line in the daily time frame.
FRHC Technical Indicator Signal Analysis
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 FRHC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FRHC is up. |
| ChartMill Relative Strength | 44.88 | NEUTRAL | FRHC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FRHC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FRHC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FRHC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.69 | NEUTRAL | The RSI value for FRHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.44 | POSITIVE | The MACD value suggests FRHC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.11 | OVERBOUGHT | The high Stochastics value suggests FRHC may be overbought. |
| Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for FRHC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.72 | NEGATIVE | The low ADX value for FRHC suggests a weak or negative trend. |
FRHC Chart- and CandleStick Pattern Analysis
FRHC Technicals: Chart, Performance Metrics, Trend & Indicators
131.99
-1.87 (-1.4%)
FREEDOM HOLDING CORP/NV / FRHC TA FAQ
What is the technical rating for FRHC stock?
ChartMill assigns a technical rating of 6 / 10 to FRHC.
Can you provide the trend direction for FREEDOM HOLDING CORP/NV?
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 59.6856. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for FREEDOM HOLDING CORP/NV?
FREEDOM HOLDING CORP/NV (FRHC) has a support level at 118.55 and a resistance level at 132. Check the full technical report for our detailed analysis of FRHC support and resistance levels.