FIRST HORIZON CORP (FHN) Stock Technical Analysis
NYSE:FHN - New York Stock Exchange, Inc. - US3205171057 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to FHN. In the last year, FHN was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that FHN is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by FHN over the past year are nicely spread over this period.
FHN is one of the better performing stocks in the Banks industry, it outperforms 88% of 404 stocks in the same industry.
FHN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FHN is lagging the market slightly.
FHN has an average volume of 5925490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month FHN has a been trading in the 20.72 - 22.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although FHN 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
15.82
22.65
We found 3 important support areas.
- Support @19.11 from a horizontal line in the daily time frame.
- Support @17.92 from a trend line in the weekly time frame.
- Support @15.98 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.82 to 22.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.76
Mansfield1.3
10 Day High22.44
10 Day Low20.8
20 Day High22.44
20 Day Low20.72
52 Week High22.44
52 Week Low13.72
Performance
1 Week-5.28%
2 Weeks-6.97%
1 Month-0.38%
3 Month-0.48%
6 Month25.41%
12 Month48.15%
2 Year-15.91%
3 Year-11.29%
5 Year56.26%
10 Year45.77%
15 Year62.73%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.15
RSI(14)39.76
LBB21.13
UBB22.78
20.83
-0.71 (-3.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-3.3%
1 Week-5.28%
2 Weeks-6.97%
1 Month-0.38%
3 Month-0.48%
6 Month25.41%
12 Month48.15%
2 Year-15.91%
3 Year-11.29%
5 Year56.26%
10 Year45.77%
15 Year62.73%
Volatility
ATR(14)0.51
ATR(20)%2.52%
ATR Inc85.55%
Range Today0.94
ADR(20)0.5
ADR(20)%2.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.76
Mansfield1.3
10 Day High22.44
10 Day Low20.8
20 Day High22.44
20 Day Low20.72
52 Week High22.44
52 Week Low13.72
CS1 End19.11
CR1 Start21.82
Volume & EV
DER(3)-2.21%
DER(5)-0.99%
Volume8.46M
Volume Incr-24.2%
Vol(5)4.56M
Vol(50)5.93M