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First Horizon Na (FHN) Approaches New Upside Target of $15.26

By Shiri Gupta

Shares of First Horizon Na (NYSE:FHN) have bullishly opened above the pivot of $14.51 today and have reached the first resistance level of $15.01. Should the shares continue to rise, the resistance pivots of $15.26 and $16.01 will be of interest.

In the past 52 weeks, First Horizon Na share prices have been bracketed by a low of $12.30 and a high of $19.75 and are now at $14.71, 20% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has remained constant.

Potential upside of 51.7% exists for First Horizon Na, based on a current level of $14.71 and analysts' average consensus price target of $22.31. The stock should run into initial resistance at its 50-day moving average (MA) of $14.90 and subsequent resistance at its 200-day MA of $16.05.

SmarTrend is tracking the current trend status for First Horizon Na and will alert subscribers who have FHN in their portfolio or watchlist when shares have changed trend direction.

Keywords: pivot alerts first horizon na

Ticker(s): FHN