Chaikin Money Flow Indicator Review for First Horizon National Corporation (NYSE:FHN): 20D Level at -0.08163437

Traders often employ unique systems when trying to beat the stock market. There are many different trading strategies or systems that can be used. New traders may find out very quickly that trading without a plan is a recipe for ruin. When starting out, it may require a lot of focus and dedication just to stay afloat. With more experience and hard work, traders may be able to eventually scoop up some of those profits that they were expecting when they started out. Some traders may have a few big wins right out of the gate. This may lead to overconfidence in the future if the proper precautions are not taken. Traders constantly need to be paying attention to everything that is going with the stock market. Moves can happen in the blink of an eye and without any notice. Being prepared to take a position at a moment’s notice can pay off big when the opportunity arises.

First Horizon National Corporation (NYSE:FHN)’s Hull Moving Average is currently 14.059537. Developed by Alan Hull, this fast and smooth moving average helps eliminate lag and improve smoothing. Typically, if the HMA is going higher, the trend is rising. On the other end, a falling HMA may point to a declining trend.

The Simple Moving Average or SMA is an unweighted MA. At the end of every session, the oldest data point drops off, and the newest is added. Focusing on some popular SMA levels, we note that the 200 day is 15.04765, the 100 day is noted at 15.00315, and the 50 day clocks in at 15.2363. Looking at some other SMA levels, we see that the 10 day is 14.759, the 20 day is 14.81075, and the 30 day is 14.985167.

Investors often track volatility data while studying potential stocks. Currently, the stock’s volatility reading is standing at 3.0270655. In general, the higher the volatility, the riskier the stock. Looking out over the past week, volatility is noted at 2.740882. For the last month, volatility is at 1.8703754. Tracking the Bull Bear Power indicator, the value is currently -1.068846.

Technical investors and traders often look to create winning charts with previously successful indicators. Figuring out the best indicators to follow may take some time and effort. Many traders will find a perfect combination of technicals that they depend on to enter or exit trades. Taking a look at some Ichimoku indicator information for First Horizon National Corporation (NYSE:FHN), we see that the Ichimoku Cloud Base Line level is 14.805. The Ichimoku Could Conversion Line reading is 14.7. From another angle, the Ichimoku Lead 1 is presently 15.58, and the Lead 2 level is 15.12.

Traders employing technical analysis will note that the Chaikin Money Flow 20 day indicator is -0.08163437. This indicator measures money flow volume during a specified period. The value will stay between 1 and -1 and it can be used to gauge changes is selling and buying pressure.

Looking closer at shares of First Horizon National Corporation (NYSE:FHN), investors will be watching the stock to see how it performs over the next couple of sessions. Investors often like to track historical highs and lows over certain periods in order to help with stock analysis. We can now take a brief look at some historical highs and lows for the stock:

All time low: 0.53224087
All time high: 40.528572
3 month low: 12.3
3 month high: 15.93
1 month low: 14.04
1 month high: 15.93
6 month low: 12.3
6 month high: 18.43
1 year low: 12.3
1 year high: 19.85

Traders have many tools that they can use when surveying a particular stock. Watching the Moving Average Rating, we can see that the indicator is currently pointing to a “Strong Sell”. Looking at the Oscillator Rating, we can see that the current reading is a “Neutral”. Investors will be closely watching stock action over the next few sessions to see how the stock performs.

Many new traders will jump right into the market without any concrete plan. They may be highly optimistic, but will soon realize that it takes more than optimism to secure profits in the stock market. Successful traders are usually good at having a backup plan for every trade. This may seem unnecessary to some, but when the harsh reality of a losing trade comes into the picture, it can be hard to rebound after taking a big hit. Rushing into trades to try and cover recent losses may also leave the trader on the outside looking in. Taking a rationalized approach may help the trader ride out the bumpy patches when they inevitably come.  

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.