We assign a technical rating of 0 out of 10 to FRHC. 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.
The technical rating of FRHC is bad and it also does not present a quality setup 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.
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122.99
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 136.78 to 138.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @151.17 from a trend line in the daily time frame.
- Resistance @166.10 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 | 18.47 | NEGATIVE | FRHC has a low relative strength, it was outperformed by 81.53% 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) | 34.72 | NEUTRAL | The RSI value for FRHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.67 | NEGATIVE | The MACD value suggests FRHC has a negative trend. |
| Stochastics (14,3) | 14.19 | OVERSOLD | The low Stochastics value suggests FRHC may be oversold. |
| Average True Range in percent/ATR (20) | 3.63 | MEDIUM VOLATILITY | The ATR as a percentage value for FRHC suggests some volalility. |
| Average Directional Index/ADX (14) | 27.7 | POSITIVE | The high ADX value value for FRHC suggests a strong trend. |
124.23
+2.55 (+2.1%)
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 34.7181. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for FREEDOM HOLDING CORP/NV?
The buy/sell signal for FREEDOM HOLDING CORP/NV (FRHC) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for FREEDOM HOLDING CORP/NV (FRHC) stock?
FREEDOM HOLDING CORP/NV (FRHC) has a resistance level at 136.78. Check the full technical report for our detailed analysis of FRHC support and resistance levels.