Logo image of FHTX

FOGHORN THERAPEUTICS INC (FHTX) Stock Technical Analysis

NASDAQ:FHTX - Nasdaq - US3441741077 - Common Stock

4.28  -0.13 (-2.95%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to FHTX. FHTX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
FHTX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month FHTX has a been trading in the 4.13 - 5.34 range, which is quite wide. It is currently trading near the lows of this range.
FHTX is one of the better performing stocks in the Biotechnology industry, it outperforms 72% of 572 stocks in the same industry.
When comparing the performance of all stocks over the past year, FHTX turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
FOGHORN THERAPEUTICS INC / FHTX Weekly stock chart
FOGHORN THERAPEUTICS INC / FHTX Daily stock chart
Setup Rating and Analysis

6

FHTX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for FHTX in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

4.24

9.81

When analyzing the resistance we notice 5 important areas.

  • Resistance @4.29 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 4.42 to 4.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @8.34 from a trend line in the weekly time frame.
  • Resistance @8.49 from a trend line in the daily time frame.
  • Resistance @9.71 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.82
Mansfield-3.8
10 Day High5.04
10 Day Low4.13
20 Day High5.34
20 Day Low4.13
52 Week High10.25
52 Week Low2.7
Performance
1 Week0.92%
2 Weeks-8.12%
1 Month-10.18%
3 Month-42.88%
6 Month-34.76%
12 Month44.59%
2 Year-48.72%
3 Year-71.33%
5 YearN/A
10 YearN/A
15 YearN/A
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)0.07
RSI(14)34.76
LBB4.11
UBB4.88
FOGHORN THERAPEUTICS INC / FHTX Daily stock chart

FOGHORN THERAPEUTICS INC

NASDAQ:FHTX (1/22/2025, 10:43:58 AM)

4.28

-0.13 (-2.95%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.95%
1 Week0.92%
2 Weeks-8.12%
1 Month-10.18%
3 Month-42.88%
6 Month-34.76%
12 Month44.59%
2 Year-48.72%
3 Year-71.33%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%8.26%
ATR Inc-14.89%
Range Today0.24
ADR(20)0.36
ADR(20)%8.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.82
Mansfield-3.8
10 Day High5.04
10 Day Low4.13
20 Day High5.34
20 Day Low4.13
52 Week High10.25
52 Week Low2.7
CS1 End4.29
CR1 Start4.42
Volume & EV
DER(3)4.71%
DER(5)6.17%
Volume8.30K
Volume Incr-62.14%
Vol(5)87.24K
Vol(50)163.84K