FIRST HORIZON CORP (FHN) Stock Technical Analysis
NYSE:FHN - New York Stock Exchange, Inc. - US3205171057 - Common Stock
Overall FHN gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FHN is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that FHN is one of the better performing stocks in the market, outperforming 88% of all stocks. On top of that, FHN also shows a nice and consistent pattern of rising prices.
FHN is part of the Banks industry. There are 405 other stocks in this industry. FHN outperforms 95% of them.
FHN is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month FHN has a been trading in the 19.10 - 21.82 range, which is quite wide. It is currently trading near the high of this range.
FHN has an average volume of 6353700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although FHN has an excellent technical rating, the quality of the presented setup is not ideal 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
15.39
21.78
When analyzing the support we can see 5 important areas.
- A support zone ranging from 20.39 to 20.84. 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 19.94 to 19.99. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @19.11 from a horizontal line in the daily time frame.
- Support @17.50 from a trend line in the weekly time frame.
- Support @15.55 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.56 to 21.56. This zone is formed by a combination of multiple trend lines 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
CRS88.63
Mansfield1.8
10 Day High21.82
10 Day Low19.8
20 Day High21.82
20 Day Low19.1
52 Week High21.82
52 Week Low13.45
Performance
1 Week5.57%
2 Weeks5.68%
1 Month12.04%
3 Month25.28%
6 Month24.99%
12 Month46.04%
2 Year-13.42%
3 Year25.13%
5 Year33.81%
10 Year64.82%
15 Year65.33%
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)0.12
RSI(14)63.08
LBB19.56
UBB21.72
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 21.57 | 20.38 | 1.19 (5.52%) | 18.13% |
| An entry @21.57. This is a Buy Stop order right above the resistance zone. | An exit @20.38. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.19 points, which is 5.52%. | When investing 18.13% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FIRST HORIZON CORP
NYSE:FHN (1/21/2025, 8:04:00 PM)
After market: 21.42 +0.01 (+0.05%)21.41
-0.15 (-0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.7%
1 Week5.57%
2 Weeks5.68%
1 Month12.04%
3 Month25.28%
6 Month24.99%
12 Month46.04%
2 Year-13.42%
3 Year25.13%
5 Year33.81%
10 Year64.82%
15 Year65.33%
Volatility
ATR(14)0.57
ATR(20)%2.61%
ATR Inc-19.2%
Range Today0.42
ADR(20)0.52
ADR(20)%2.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.63
Mansfield1.8
10 Day High21.82
10 Day Low19.8
20 Day High21.82
20 Day Low19.1
52 Week High21.82
52 Week Low13.45
CS1 End20.84
CR1 Start21.56
Volume & EV
DER(3)1.6%
DER(5)3.31%
Volume6.69M
Volume Incr33.81%
Vol(5)7.27M
Vol(50)6.35M