Taking everything into account, FRHC scores 0 out of 10 in our technical rating. 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 poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
132.86
When analyzing the resistance we notice 4 important areas.
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 | 37 | NEUTRAL | FRHC is not amongst the best or worst performers 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) | 34.28 | NEUTRAL | The RSI value for FRHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests FRHC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.73 | NEUTRAL | The Stochastics value for FRHC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.54 | MEDIUM VOLATILITY | The ATR as a percentage value for FRHC suggests some volalility. |
| Average Directional Index/ADX (14) | 36.36 | POSITIVE | The high ADX value value for FRHC suggests a strong trend. |
134.2
+1.01 (+0.76%)
ChartMill assigns a technical rating of 0 / 10 to FRHC.
The current trend direction for FREEDOM HOLDING CORP/NV (FRHC) is Bearish.
FREEDOM HOLDING CORP/NV (FRHC) has an RSI value of 34.2767. This indicates that the stock is currently neutral.
The MACD indicator for FREEDOM HOLDING CORP/NV (FRHC) has a value of -0.0543626, indicating a bearish trend.
The buy/sell signal for FREEDOM HOLDING CORP/NV (FRHC) is sell as both the short term and long term trends are negative.