First Horizon National Stock Technical Analysis

FHN Stock  USD 15.32  0.53  3.58%   
As of the 28th of March, First Horizon shows the Mean Deviation of 1.39, coefficient of variation of 943.47, and Downside Deviation of 1.51. First Horizon National 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for First Horizon National, which can be compared to its rivals. Please confirm First Horizon National variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if First Horizon National is priced favorably, providing market reflects its regular price of 15.32 per share. Given that First Horizon has jensen alpha of 0.0442, we urge you to verify First Horizon National'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 Analyst Consensus

Target PriceAdvice# of Analysts
12.75Buy15Odds
First Horizon National current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most First analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand First stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of First Horizon National, talking to its executives and customers, or listening to First conference calls.
First Analyst Advice Details
First Horizon technical 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, 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 National Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 National volatility. High ATR values indicate high volatility, and low values indicate low volatility.

First Horizon National Trend Analysis

Use this graph to draw trend lines for First Horizon National. 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 National applied against its price change over selected period. The best fit line has a slop of   0.02  , which may imply that First Horizon National will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 10.77, 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 National 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 National based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on First Horizon National price pattern first instead of the macroeconomic environment surrounding First Horizon National. 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.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0410.02570.04730.0358
Price To Sales Ratio2.914.321.621.94

First Horizon March 28, 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.

First Horizon March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as First stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether First Horizon National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Horizon's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Horizon National Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Horizon National Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Horizon National. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the First Horizon National information on this page should be used as a complementary analysis to other First Horizon's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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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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Is First Horizon's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Horizon. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Horizon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.31)
Dividend Share
0.6
Earnings Share
1.54
Revenue Per Share
5.438
Quarterly Revenue Growth
(0.10)
The market value of First Horizon National is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Horizon's value that differs from its market value or its book value, called intrinsic value, which is First Horizon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Horizon's market value can be influenced by many factors that don't directly affect First Horizon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Horizon's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Horizon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Horizon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.