First Horizon Preferred Stock Technical Analysis

FHN-PE Preferred Stock  USD 23.90  0.22  0.91%   
As of the 2nd of December, First Horizon shows the Standard Deviation of 0.6409, variance of 0.4108, and Mean Deviation of 0.4845. First Horizon technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm First Horizon standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if First Horizon is priced favorably, providing market reflects its regular price of 23.9 per share. Given that First Horizon has information ratio of (0.22), we urge you to verify First Horizon's prevailing market performance to make sure the company can sustain itself at a future point.

First Horizon Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as First, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to First
  
First Horizon's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
First Horizon technical preferred stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, preferred stock market cycles, or different charting patterns.
A focus of First Horizon technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of First Horizon trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

First Horizon Technical Analysis

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of First Horizon volatility. High ATR values indicate high volatility, and low values indicate low volatility.

First Horizon Trend Analysis

Use this graph to draw trend lines for First Horizon. You can use it to identify possible trend reversals for First Horizon as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual First Horizon price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

First Horizon Best Fit Change Line

The following chart estimates an ordinary least squares regression model for First Horizon applied against its price change over selected period. The best fit line has a slop of   0.01  , which may suggest that First Horizon market price will keep on failing further. It has 122 observation points and a regression sum of squares at 5.89, which is the sum of squared deviations for the predicted First Horizon price change compared to its average price change.

About First Horizon Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of First Horizon on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of First Horizon based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on First Horizon price pattern first instead of the macroeconomic environment surrounding First Horizon. By analyzing First Horizon's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of First Horizon's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to First Horizon specific price patterns or momentum indicators. Please read more on our technical analysis page.

First Horizon December 2, 2024 Technical Indicators

Most technical analysis of First help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for First from various momentum indicators to cycle indicators. When you analyze First charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Complementary Tools for First Preferred Stock analysis

When running First Horizon's price analysis, check to measure First Horizon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Horizon is operating at the current time. Most of First Horizon's value examination focuses on studying past and present price action to predict the probability of First Horizon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Horizon's price. Additionally, you may evaluate how the addition of First Horizon to your portfolios can decrease your overall portfolio volatility.
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