While this happened, Stephens initiated its First Hawaiian INC [FHB] rating to an Equal-weight in a research note published on November 27, 2024; the price target was $30. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in late July from “a Neutral” to “an Underweight”. Barclays began covering FHB with “an Equal weight” recommendation on March 08, 2024. Wells Fargo revised its rating on January 05, 2024. It rated FHB as “an Underweight” which previously was an “an Equal weight”.
Price Performance Review of FHB
On Tuesday, First Hawaiian INC [NASDAQ:FHB] saw its stock fall -1.24% to $23.03. Over the last five days, the stock has lost -0.82%. First Hawaiian INC shares have fallen nearly -11.25% since the year began. Nevertheless, the stocks have risen 6.18% over the past one year. While a 52-week high of $28.80 was reached on 02/06/25, a 52-week low of $19.48 was recorded on 04/09/25. SMA at 50 days reached $23.95, while 200 days put it at $24.92.
Levels Of Support And Resistance For FHB Stock
The 24-hour chart illustrates a support level at 22.82, which if violated will result in even more drops to 22.61. On the upside, there is a resistance level at 23.26. A further resistance level may holdings at 23.49. The Relative Strength Index (RSI) on the 14-day chart is 48.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.81%. Stochastics %K at 59.32% indicates the stock is a holding.
