Technical Analysis for FRHC - Freedom Holding Corp.

Grade Last Price % Change Price Change
A 122.71 4.88% 5.71
FRHC closed up 4.88 percent on Wednesday, November 20, 2024, on 1.49 times normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Expansion Breakout Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
New 52 Week High Strength 0.00%
Multiple of Ten Bullish Other 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
New 52 Week Closing High Bullish 4.88%
NR7 Range Contraction 4.88%

   Recent Intraday Alerts

Alert Time
Up 2 ATRs about 16 hours ago
Up 3% about 16 hours ago
Possible Pocket Pivot about 16 hours ago
Rose Above Upper Bollinger Band about 17 hours ago
Up 1 ATR about 17 hours ago

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Profile

Freedom Holding Corp. Description

Freedom Holding Corp., through its subsidiaries, provides retail securities brokerage, research, investment counseling, securities trading, market making, corporate investment banking, and underwriting services. The company offers investment brokerage services for exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange traded options and futures contracts, government bonds, and mutual funds; Margin Lending services collateralized by securities and cash in the customer's account; various investment education and training courses; and investment research services. It also provides capital raising solutions for corporate clients through initial public offerings and follow-on offerings; debt capital markets solutions that focuses on structuring and distributing private and public debt for various purposes, including buyouts, acquisitions, growth capital financings, and recapitalizations. In addition, the company is involved in the proprietary trading and investment activities; and trading and brokerage activities. Further, it act as an intermediary between borrowers and lenders of short-term funds and provide funding for various inventory positions; and employs repurchase and reverse repurchase agreements in proprietary trading activities. It has operations primarily in Russia, Kazakhstan, Ukraine, Uzbekistan, Kyrgyzstan, and Cyprus. The company was formerly known as BMB Munai, Inc. and changed its name to Freedom Holding Corp. Freedom Holding Corp. was incorporated in 1981 and is headquartered in Almaty, Kazakhstan.


Classification

Sector: Financial Services
Industry: Capital Markets
Keywords: Financial Market Debt Securities Repurchase Agreement Investment Banking Government Bonds Securities Brokerage Primary Dealers Proprietary Trading Investment Broker Investment Brokerage Investment Brokerage Services Term Fund Depository Trust & Clearing Corporation

Is FRHC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 122.71
52 Week Low 64.0
Average Volume 81,141
200-Day Moving Average 84.06
50-Day Moving Average 103.89
20-Day Moving Average 112.17
10-Day Moving Average 115.74
Average True Range 2.88
RSI (14) 77.78
ADX 57.33
+DI 39.24
-DI 7.75
Chandelier Exit (Long, 3 ATRs) 114.07
Chandelier Exit (Short, 3 ATRs) 112.78
Upper Bollinger Bands 121.07
Lower Bollinger Band 103.26
Percent B (%b) 1.09
BandWidth 15.88
MACD Line 4.40
MACD Signal Line 3.87
MACD Histogram 0.5345
Fundamentals Value
Market Cap 7.32 Billion
Num Shares 59.7 Million
EPS 4.76
Price-to-Earnings (P/E) Ratio 25.78
Price-to-Sales 5.58
Price-to-Book 5.39
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 131.32
Resistance 3 (R3) 130.36 126.54 129.89
Resistance 2 (R2) 126.54 124.34 127.02 129.41
Resistance 1 (R1) 124.62 122.99 125.58 125.58 128.93
Pivot Point 120.80 120.80 121.27 121.27 120.80
Support 1 (S1) 118.88 118.60 119.84 119.84 116.49
Support 2 (S2) 115.06 117.25 115.53 116.01
Support 3 (S3) 113.14 115.06 115.53
Support 4 (S4) 114.10