ACCENDRA HEALTH INC (ACH) Technical Analysis
NYSE:ACH • US6907321029
Overall ACH gets a technical rating of 4 out of 10. ACH has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 100% of all other stocks performed better in the past year than ACH.
- ACH is one of the lesser performing stocks in the Health Care Providers & Services industry. 92% of 101 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- In the last month ACH has a been trading in the 2.02 - 2.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, ACH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.67. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ACH in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.32
When analyzing the support we notice one important area.
- Support @2.34 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.67 to 2.68. This zone is formed by a combination of multiple trend lines in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ACH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACH is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ACH has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ACH is below the rising SMA(20). |
| Relative Strength Index/RSI (14) | 50.58 | NEUTRAL | The RSI value for ACH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ACH has a negative trend. |
| Stochastics (14,3) | 52.5 | NEUTRAL | The Stochastics value for ACH is a neutral value. |
| Average True Range in percent/ATR (20) | 8.85 | HIGH VOLATILITY | The high ATR as a percentage value for ACH suggests high volalility. |
| Average Directional Index/ADX (14) | 19.99 | NEGATIVE | The low ADX value for ACH suggests a weak or negative trend. |
ACH Technicals: Chart, Performance Metrics, Trend & Indicators
2.4
0 (0%)
ACCENDRA HEALTH INC / ACH FAQ
What is the technical rating for ACH stock?
ChartMill assigns a technical rating of 4 / 10 to ACH.
Can you provide the trend direction for ACCENDRA HEALTH INC?
The current trend direction for ACCENDRA HEALTH INC (ACH) is Bullish.
What is the RSI signal for ACH stock?
ACCENDRA HEALTH INC (ACH) has an RSI value of 50.5775. This indicates that the stock is currently neutral.
What is the short term momentum for ACH stock?
The short term momentum for ACCENDRA HEALTH INC (ACH) is positive.
Can you provide the buy/sell signal for ACCENDRA HEALTH INC?
The buy/sell signal for ACCENDRA HEALTH INC (ACH) is buy as both the short term and long term trends are positive.