Where Will First Horizon Corp (FHN) Stock Go Next After It Has Fallen 0.00% in a Week?

Overall market sentiment has been high on First Horizon Corp (FHN) stock lately. FHN receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

First Horizon Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on FHN!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With FHN Stock Today?

First Horizon Corp (FHN) stock is trading at $18.39 as of 11:55 AM on Friday, Jan 14, a decline of -$0.07, or -0.38% from the previous closing price of $18.46. Volume today is 3,849,531 compared to average volume of 4,774,847. The stock has traded between $18.12 and $18.49 so far today.

More About First Horizon Corp

First Horizon Corp is the parent company of First Tennessee Bank, a prominent regional bank with about 200 branches around Tennessee. The regional bank is responsible for roughly 65% of its revenue, while capital markets make a 25% contribution. The remainder is split between the firm's non-strategic (wind-down) and corporate operations. First Horizon concentrates on offering a variety of banking products mainly in its home state, where it has the second-largest deposit franchise with a 13% deposit market share. Click Here to get the full Stock Report for First Horizon Corp stock.