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FIRST TRUST MUNICIPAL HIGH I (FMHI) Stock Technical Analysis

USA - Nasdaq - NASDAQ:FMHI - US33739P3010 - ETF

47.815 USD
+0.02 (+0.03%)
Last: 12/22/2025, 8:00:00 PM
Technical Rating and Analysis

4

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.

FMHI 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 FMHI is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, FMHI outperforms 40% of them, which is more or less in line with the market.
In the last month FMHI has a been trading in a tight range between 47.63 and 48.10.
Weekly and Daily overview Charts
FIRST TRUST MUNICIPAL HIGH I / FMHI Weekly stock chart
FIRST TRUST MUNICIPAL HIGH I / FMHI Daily stock chart
Setup Rating and Analysis

8

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.

Support and Resistance Analysis

45.44

49.97

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 46.99 to 47.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 45.90 to 45.90. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 47.85 to 48.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 49.26 to 49.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for FMHI is up.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for FMHI is down.
ChartMill Relative Strength40.58NEUTRALFMHI is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of FMHI is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of FMHI is below the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of FMHI is above a declining SMA(200).
Relative Strength Index/RSI (14)46.63NEUTRALThe RSI value for FMHI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests FMHI has a negative trend, although the MACD value is rising.
Stochastics (14,3)34.4NEUTRALThe Stochastics value for FMHI is a neutral value.
Average True Range in percent/ATR (20)0.29LOW VOLATILITYThe low ATR as a percentage value for FMHI suggests low volalility.
Average Directional Index/ADX (14)16.59NEGATIVEThe low ADX value for FMHI suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
FIRST TRUST MUNICIPAL HIGH I / FMHI Daily stock chart

FIRST TRUST MUNICIPAL HIGH I

NASDAQ:FMHI (12/22/2025, 8:00:00 PM)

47.815

+0.02 (+0.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.03%
1 Week0.2%
2 Weeks-0.05%
1 Month-0.28%
3 Month0.85%
6 Month2.48%
12 Month-0.45%
2 Year0.28%
3 Year3.29%
5 Year-10.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%0.29%
ATR Inc-35.11%
Range Today0.06
ADR(20)0.13
ADR(20)%0.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.58
3 months CRS54.06
6 months CRS45.21
Mansfield-0.94
10 Day High47.96
10 Day Low47.63
20 Day High48.1
20 Day Low47.63
52 Week High49.05
52 Week Low44.8
CS1 End47.79
CR1 Start47.85
Volume & EV
DER(3)-2.21%
DER(5)-2%
Volume101.10K
Volume Incr25.65%
Vol(5)109.40K
Vol(50)82.10K

FIRST TRUST MUNICIPAL HIGH I / FMHI FAQ

What is the ChartMill technical rating of FIRST TRUST MUNICIPAL HIGH I (FMHI) stock?

ChartMill assigns a technical rating of 4 / 10 to FMHI.


Can you provide the trend direction for FIRST TRUST MUNICIPAL HIGH I?

The current trend direction for FIRST TRUST MUNICIPAL HIGH I (FMHI) is Bullish.


What is the RSI signal for FMHI stock?

FIRST TRUST MUNICIPAL HIGH I (FMHI) has an RSI value of 46.6311. This indicates that the stock is currently neutral.


What is the buy/sell signal for FIRST TRUST MUNICIPAL HIGH I (FMHI) stock?

The buy/sell signal for FIRST TRUST MUNICIPAL HIGH I (FMHI) is hold as the short term and long term trends are mixed.


Can you provide the support and resistance levels for FIRST TRUST MUNICIPAL HIGH I?

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.