Taking everything into account, FMHI scores 4 out of 10 in our technical rating. FMHI has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, FMHI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 47.85. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 47.79, a Stop Loss order could be placed below this zone.
45.44
When analyzing the support we can see 2 important areas.
2 important resistance areas can be observed.
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 | UP | POSITIVE | The long term trend for FMHI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FMHI is down. |
| ChartMill Relative Strength | 40.58 | NEUTRAL | FMHI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FMHI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FMHI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FMHI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.63 | NEUTRAL | The RSI value for FMHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FMHI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.4 | NEUTRAL | The Stochastics value for FMHI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.29 | LOW VOLATILITY | The low ATR as a percentage value for FMHI suggests low volalility. |
| Average Directional Index/ADX (14) | 16.59 | NEGATIVE | The low ADX value for FMHI suggests a weak or negative trend. |
NASDAQ:FMHI (12/22/2025, 8:00:00 PM)
47.815
+0.02 (+0.03%)
ChartMill assigns a technical rating of 4 / 10 to FMHI.
The current trend direction for FIRST TRUST MUNICIPAL HIGH I (FMHI) is Bullish.
FIRST TRUST MUNICIPAL HIGH I (FMHI) has an RSI value of 46.6311. This indicates that the stock is currently neutral.
The buy/sell signal for FIRST TRUST MUNICIPAL HIGH I (FMHI) is hold as the short term and long term trends are mixed.
FIRST TRUST MUNICIPAL HIGH I (FMHI) has a support level at 47.79 and a resistance level at 47.85. Check the full technical report for our detailed analysis of FMHI support and resistance levels.