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First Trust Municipal High Income ETF

FMHI Technical Analysis Summary (NASDAQ)

Analyze FMHI on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

FMHI●NASDAQ
Financial ServicesAsset Management - Bonds
$46.20
$0.00(0.00%)
U.S. Market opens in 5h 53m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

FMHI Technical Analysis Summary (NASDAQ)

First Trust Municipal High Income ETF (NASDAQ: FMHI) stock currently shows a bearish trend on the NASDAQ, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 29.37)
Trend Strength:Very Strong (ADX: 49.70)
Volatility:Low (ATR: 0.24)
Support/Resistance:$45.75 – $47.61 (Bollinger Bands)

Technical conditions suggest First Trust Municipal High Income ETF on the NASDAQ is awaiting a decisive move. Technical conditions suggest First Trust Municipal High Income ETF is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 29.37

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 16.75

Bullish
Oversold zone signals rebound potential.

Williams %R: -80.00

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -1.49

Bearish
Selling pressure outweighs buying.

Takeaway:First Trust Municipal High Income ETF shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.38

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 49.70

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.24

Low
Low volatility, stable price action.

CCI (14): -53.68

Bearish
Bearish, momentum remains under pressure.

Takeaway:First Trust Municipal High Income ETF shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$47.61
Middle Band (SMA 20)
$46.68
Lower Band
$45.75
Current Position
Within Bands

Takeaway:First Trust Municipal High Income ETF trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$47.11
Middle Line (EMA 20)
$46.62
Lower Channel
$46.14
Squeeze Status
No Squeeze

Takeaway:First Trust Municipal High Income ETF trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.12M
Money Flow Index24.80Bearish, selling pressure outweighs inflows.
Relative Vigor Index38.36Bearish, price momentum favors sellers.

Overall Takeaway:FMHI shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of First Trust Municipal High Income ETF (NASDAQ: FMHI), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for First Trust Municipal High Income ETF are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: FMHI) Technical Analysis FAQ