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FIRST TRUST MUNICIPAL HIGH I (FMHI) Stock Technical Analysis

NASDAQ:FMHI - Nasdaq - US33739P3010 - ETF - Currency: USD

48.57  +0.02 (+0.04%)

Technical Rating and Analysis

3

Taking everything into account, FMHI scores 3 out of 10 in our technical rating. FMHI 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 long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, FMHI turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
FMHI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FMHI is lagging the market.
In the last month FMHI has a been trading in a tight range between 48.07 and 48.78.
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

7

FMHI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 48.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 48.54, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

46.83

49.97

We found 1 important support area.

  • A support zone ranging from 47.30 to 48.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 48.87 to 49.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS46.52
Mansfield-0.71
10 Day High48.73
10 Day Low48.08
20 Day High48.78
20 Day Low48.07
52 Week High49.51
52 Week Low47.33
Performance
1 Week0.23%
2 Weeks-0.27%
1 Month0.97%
3 Month-0.33%
6 Month-0.84%
12 Month1.48%
2 Year4.55%
3 Year-9.38%
5 Year-11.59%
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
RSI(14)54.34
LBB48.26
UBB48.82
FIRST TRUST MUNICIPAL HIGH I / FMHI Daily stock chart

FIRST TRUST MUNICIPAL HIGH I

NASDAQ:FMHI (2/21/2025, 8:19:07 PM)

48.57

+0.02 (+0.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.04%
1 Week0.23%
2 Weeks-0.27%
1 Month0.97%
3 Month-0.33%
6 Month-0.84%
12 Month1.48%
2 Year4.55%
3 Year-9.38%
5 Year-11.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%0.42%
ATR Inc44.39%
Range Today0.41
ADR(20)0.18
ADR(20)%0.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.52
Mansfield-0.71
10 Day High48.73
10 Day Low48.08
20 Day High48.78
20 Day Low48.07
52 Week High49.51
52 Week Low47.33
CS1 End48.54
CR1 Start48.87
Volume & EV
DER(3)-0.2%
DER(5)2.03%
Volume58.70K
Volume Incr8.65%
Vol(5)89.98K
Vol(50)92.64K