First Horizon National Corporation (FHN) : Traders are bullish on First Horizon National Corporation (FHN) as it has outperformed the S&P 500 by a wide margin of 2.79% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.73%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.25% in the last 1 week, and is up 2.65% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 2.6% and the 50-Day Moving Average is 6.73%.The 200 Day SMA reached 12.65%. First Horizon National Corporation is up 7.73% in the last 3-month period. Year-to-Date the stock performance stands at 7.72%.
First Horizon National Corporation (NYSE:FHN): After opening at $15.32, the stock dipped to an intraday low of $15.21 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $15.48 and the buying power remained strong till the end. The stock closed at $15.48 for the day, a gain of 1.57% for the day session. The total traded volume was 2,222,753. The stocks close on the previous trading day was $15.24.
First Horizon National Corporation (FHN) is a bank holding company. The Company provides financial services through its subsidiary, First Tennessee Bank National Association (the Bank). FHN operates through four segments: regional banking, capital markets, corporate and non-strategic. As of December 31, 2014, FHNs subsidiaries had over 200 business locations in the United States and Hong Kong. As of December 31, 2014, the Bank had 182 branch locations in seven states: 168 branches in Tennessee; 2 branches in northwestern Georgia; 7 branches in northwestern Mississippi; 2 branches in North Carolina, and one branch each in Virginia, South Carolina, and Florida. At December 31, 2014, FTN Financial products and services were offered through 27 offices in total, including 26 offices in 16 states across the United States plus an office in Hong Kong.