Overall FRHC gets a technical rating of 0 out of 10. FRHC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
FRHC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 135.66. Right above this resistance zone may be a good entry point.
More info and screens
120.46
When analyzing the support we can see 2 important areas.
- Support @124.22 from a horizontal line in the weekly time frame.
- A support zone ranging from 121.68 to 121.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 135.66 to 136.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @149.28 from a trend 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 | NEUTRAL | NEUTRAL | The short term trend for FRHC is neutral. |
| ChartMill Relative Strength | 20.47 | NEGATIVE | FRHC has a low relative strength, it was outperformed by 79.53% 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) | DOWN | NEGATIVE | The current price of FRHC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.31 | NEUTRAL | The RSI value for FRHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.86 | POSITIVE | The MACD value suggests FRHC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.6 | NEUTRAL | The Stochastics value for FRHC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for FRHC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.8 | NEUTRAL | The ADX value for FRHC suggests a possible start of a new trend. |
131
-4.91 (-3.61%)
FREEDOM HOLDING CORP/NV / FRHC FAQ
What is the technical rating for FRHC stock?
ChartMill assigns a technical rating of 0 / 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 47.3076. 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 124.22 and a resistance level at 135.66. Check the full technical report for our detailed analysis of FRHC support and resistance levels.