ADAPTHEALTH CORP (AHCO) Stock Technical Analysis
NASDAQ:AHCO - Nasdaq - US00653Q1022 - Common Stock - Currency: USD
Taking everything into account, AHCO scores 0 out of 10 in our technical rating. AHCO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, AHCO is a bad performer in the overall market: 84% of all stocks are doing better.
AHCO is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry, of which 66% are performing better than AHCO.
In the last month AHCO has a been trading in the 8.51 - 9.38 range, which is quite wide. It is currently trading near the lows of this range.
AHCO has an average volume of 1413980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
Although the technical rating is bad, AHCO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
7.70
11.63
We found 1 important support area.
- A support zone ranging from 7.78 to 7.90. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 8.74 to 9.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.32 from a horizontal line in the daily time frame.
- Resistance @10.19 from a horizontal line in the daily time frame.
- Resistance @10.92 from a trend line in the weekly time frame.
- A resistance zone ranging from 11.22 to 11.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.48 to 11.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for AHCO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AHCO is down. |
| ChartMill Relative Strength | 16.55 | NEGATIVE | AHCO has a low relative strength, it was outperformed by 83.45% 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) | 43.28 | NEUTRAL | The RSI value for AHCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests AHCO has a negative trend. |
| Stochastics (14,3) | 20.42 | NEUTRAL | The Stochastics value for AHCO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.84 | MEDIUM VOLATILITY | The ATR as a percentage value for AHCO suggests some volalility. |
| Average Directional Index/ADX (14) | 9.3 | 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)
8.62
+0.02 (+0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.23%
1 Week-3.37%
2 Weeks-4.23%
1 Month-4.87%
3 Month-10.42%
6 Month-9.95%
12 Month-24.1%
2 Year-29.33%
3 Year-52.33%
5 Year-46.58%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%3.84%
ATR Inc-17.69%
Range Today0.3
ADR(20)0.32
ADR(20)%3.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.55
Mansfield-1.73
10 Day High9.18
10 Day Low8.51
20 Day High9.38
20 Day Low8.51
52 Week High11.9
52 Week Low7.11
CS1 End7.9
CR1 Start8.74
Volume & EV
DER(3)-1.38%
DER(5)-3.1%
Volume1.16M
Volume Incr-0.46%
Vol(5)932.74K
Vol(50)1.41M