ADAPTHEALTH CORP (AHCO) Stock Technical Analysis
NASDAQ:AHCO - US00653Q1022 - Common Stock
9.61 USD
+0.29 (+3.11%)
9.61 USD
0 (0%)
Overall AHCO gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. AHCO was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, AHCO is a bad performer in the overall market: 65% of all stocks are doing better.
In the last month AHCO has a been trading in the 8.57 - 10.37 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
AHCO has an average volume of 1343390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
AHCO is an average performer in the Health Care Providers & Services industry, it outperforms 58% of 104 stocks in the same industry.
AHCO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AHCO is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, AHCO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.57, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
7.96
11.63
When analyzing the support we can see 4 important areas.
- A support zone ranging from 9.40 to 9.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.99 to 9.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.23 to 8.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.04 from a trend line in the weekly time frame.
5 important resistance areas can be observed.
- Resistance @9.62 from a horizontal line in the weekly time frame.
- Resistance @9.96 from a trend line in the daily time frame.
- Resistance @10.12 from a horizontal line in the daily time frame.
- Resistance @11.22 from a horizontal line in the weekly time frame.
- Resistance @11.51 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for AHCO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AHCO is neutral. |
| ChartMill Relative Strength | 35.25 | NEUTRAL | AHCO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AHCO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AHCO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of AHCO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.58 | NEUTRAL | The RSI value for AHCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AHCO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.15 | NEUTRAL | The Stochastics value for AHCO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.56 | MEDIUM VOLATILITY | The ATR as a percentage value for AHCO suggests some volalility. |
| Average Directional Index/ADX (14) | 12.05 | NEGATIVE | The low ADX value for AHCO suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
9.61
+0.29 (+3.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg3.11%
1 Week1.32%
2 Weeks4.57%
1 Month1.8%
3 Month9.45%
6 Month13.73%
12 Month-8.04%
2 Year-19.45%
3 Year-46.52%
5 Year-54.73%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%4.56%
ATR Inc-11.97%
Range Today0.63
ADR(20)0.43
ADR(20)%4.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.25
Mansfield-1.02
10 Day High10.37
10 Day Low9.16
20 Day High10.37
20 Day Low8.57
52 Week High11.7
52 Week Low7.11
CS1 End9.57
CR1 Start9.62
Volume & EV
DER(3)1.67%
DER(5)0.99%
Volume1.38M
Volume Incr-33.41%
Vol(5)828.96K
Vol(50)1.34M