FREEDOM HOLDING CORP/NV (FRHC) Technical Analysis
NASDAQ:FRHC • US3563901046
Current stock price
FRHC Technical Rating and Analysis
Taking everything into account, FRHC scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FRHC is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, FRHC did better than 76% of all other stocks.
- FRHC is part of the Capital Markets industry. There are 239 other stocks in this industry. FRHC outperforms 83% of them.
- In the last month FRHC has a been trading in the 130.00 - 155.41 range, which is quite wide. It is currently trading near the high of this range.
- 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
FRHC Weekly and Daily overview Charts
FRHC Setup Rating and Analysis
Although FRHC has an excellent technical rating, it does not present a decent entry opportunity 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
117.12
4 important support areas can be observed.
- A support zone ranging from 146.09 to 146.53. 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 140.76 to 141.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @120.26 from a trend line in the weekly time frame.
- Support @118.30 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 153.43 to 153.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for FRHC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FRHC is up. |
| ChartMill Relative Strength | 76.37 | POSITIVE | FRHC has a high relative strength, it outperformed 76.37% off all stocks 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) | UP | POSITIVE | The current price of FRHC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.57 | OVERBOUGHT | The high RSI value suggests FRHC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.96 | POSITIVE | The MACD value suggests FRHC has a positive trend. |
| Stochastics (14,3) | 92.41 | OVERBOUGHT | The high Stochastics value suggests FRHC may be overbought. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for FRHC suggests some volalility. |
| Average Directional Index/ADX (14) | 35.08 | POSITIVE | The high ADX value value for FRHC suggests a strong trend. |
FRHC Chart- and CandleStick Pattern Analysis
FRHC Technicals: Chart, Performance Metrics, Trend & Indicators
153.42
-0.33 (-0.21%)
FREEDOM HOLDING CORP/NV / FRHC TA FAQ
What is the technical rating for FRHC stock?
ChartMill assigns a technical rating of 9 / 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 Bullish.
Can you provide the RSI signal for FREEDOM HOLDING CORP/NV?
FREEDOM HOLDING CORP/NV (FRHC) has an RSI value of 75.5706. This indicates that the stock is currently overbought.
What is the short term momentum for FREEDOM HOLDING CORP/NV (FRHC) stock?
The short term momentum for FREEDOM HOLDING CORP/NV (FRHC) is positive.
What is the buy/sell signal for FREEDOM HOLDING CORP/NV (FRHC) stock?
The buy/sell signal for FREEDOM HOLDING CORP/NV (FRHC) is buy as both the short term and long term trends are positive.