First Horizon shares dropped after the $13.4 billion merger with TD Bank was called off on Thursday.
"The companies mutually terminated the deal, which was originally announced in late February 2022, due to uncertainty around TD's ability to obtain regulatory approval and when.
On this news, shares of First Horizon fell by more than 36%. TD's shares, listed on the New York Stock Exchange, remained unchanged.
Brian Jordan, CEO of First Horizon, said, "While today's announcement is disappointing and unexpected, First Horizon will continue its growth trajectory, operating from a position of strength and stability."
"Our strong capital position, disciplined credit quality, expense control measures, and well-diversified and stable funding base have enabled our business to navigate the challenging dynamics of the banking industry and remain focused on executing our customer-focused growth plan," he continued."
"On April 25, 2023, the Momentum Indicator of FHN moved below the 0 level, indicating a potential sell signal. In such cases, traders may want to consider selling the stock, shorting the stock, or exploring put options on FHN as a result. Based on historical data, in 48 out of 84 instances where the Momentum Indicator fell below 0, the stock fell further within the subsequent month, resulting in a 57% chance of a continued downward trend.
Moreover, the Moving Average Convergence Divergence Histogram (MACD) for FHN turned negative on May 02, 2023, which could be an indication of a further decline in the stock's price in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor analyzed 43 similar instances when the MACD indicator turned negative, and found that in 24 of those cases, the stock turned lower in the days that followed, resulting in a 56% chance of success."
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FHN in upward trend: price may ascend as a result of having broken its lower Bollinger Band on September 22, 2026
FHN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 29 of 38 cases where FHN's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 76%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where FHN's RSI Indicator exited the oversold zone, 17 of 23 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 74%.
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 34 of 50 cases where FHN's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 68%.
The Moving Average Convergence Divergence (MACD) for FHN just turned positive on October 05, 2026. Looking at past instances where FHN's MACD turned positive, the stock continued to rise in 28 of 48 cases over the following month. The odds of a continued upward trend are 58%.
Following a +1.74% 3-day Advance, the price is estimated to grow further. Considering data from situations where FHN advanced for three days, in 180 of 321 cases, the price rose further within the following month. The odds of a continued upward trend are 56%.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 17, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on FHN as a result. In 41 of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 51%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FHN declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 52%.
The Aroon Indicator for FHN entered a downward trend on October 05, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is 9 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 34 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.295) is normal, around the industry mean (1.321). P/E Ratio (11.149) is within average values for comparable stocks, (24.015). Projected Growth (PEG Ratio) (0.050) is also within normal values, averaging (1.186). Dividend Yield (0.029) settles around the average of (0.030) among similar stocks. P/S Ratio (3.448) is also within normal values, averaging (3.747).
The Tickeron Price Growth Rating for this company is 56 (best 1 - 100 worst), indicating fairly steady price growth. FHN’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 56 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 57, placing this stock slightly better than average.
The Tickeron PE Growth Rating for this company is 68 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Seasonality Score of 85 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
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