ADAPTHEALTH CORP (AHCO) Stock Technical Analysis
USA - NASDAQ:AHCO - US00653Q1022 - Common Stock
We assign a technical rating of 0 out of 10 to AHCO. AHCO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
AHCO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 8.87, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AHCO in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
7.70
3 important support areas can be observed.
- A support zone ranging from 8.67 to 8.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.19 from a trend line in the weekly time frame.
- Support @7.78 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 9.13 to 9.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.54 to 9.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.22 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 | DOWN | NEGATIVE | The short term trend for AHCO is down. |
| ChartMill Relative Strength | 22.66 | NEGATIVE | AHCO has a low relative strength, it was outperformed by 77.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AHCO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AHCO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AHCO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.68 | NEUTRAL | The RSI value for AHCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests AHCO has a negative trend. |
| Stochastics (14,3) | 38.4 | NEUTRAL | The Stochastics value for AHCO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for AHCO suggests some volalility. |
| Average Directional Index/ADX (14) | 22.53 | NEUTRAL | The ADX value for AHCO suggests a possible start of a new trend. |
8.99
+0.04 (+0.45%)
ADAPTHEALTH CORP / AHCO FAQ
What is the ChartMill technical rating of ADAPTHEALTH CORP (AHCO) stock?
ChartMill assigns a technical rating of 0 / 10 to AHCO.
Can you provide the trend direction for ADAPTHEALTH CORP?
The current trend direction for ADAPTHEALTH CORP (AHCO) is Bearish.
What is the RSI signal for ADAPTHEALTH CORP (AHCO) stock?
ADAPTHEALTH CORP (AHCO) has an RSI value of 45.6755. This indicates that the stock is currently neutral.
What is the support and resistance level for AHCO stock?
ADAPTHEALTH CORP (AHCO) has a support level at 8.87 and a resistance level at 9.13. Check the full technical report for our detailed analysis of AHCO support and resistance levels.