Taking everything into account, AHCO scores 8 out of 10 in our technical rating. Although AHCO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
AHCO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 10.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.57, a Stop Loss order could be placed below this zone.
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8.58
We found 4 important support areas.
- A support zone ranging from 9.53 to 9.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.26 from a trend line in the daily time frame.
- A support zone ranging from 8.93 to 9.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.67 to 8.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 10.68 to 10.84. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 11.22 to 11.51. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for AHCO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AHCO is up. |
| ChartMill Relative Strength | 56.67 | 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) | 53.39 | NEUTRAL | The RSI value for AHCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests AHCO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.41 | NEUTRAL | The Stochastics value for AHCO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for AHCO suggests some volalility. |
| Average Directional Index/ADX (14) | 39.36 | POSITIVE | The high ADX value value for AHCO suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.12 | 9.52 | 0.60 (5.95%) | 16.81% |
| An entry @10.12. This is a Buy Stop order right above the 10 day moving average. | An exit @9.52. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.60 points, which is 5.95%. | When investing 16.81% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
9.97
-0.26 (-2.54%)
ADAPTHEALTH CORP / AHCO FAQ
What is the ChartMill technical rating of ADAPTHEALTH CORP (AHCO) stock?
ChartMill assigns a technical rating of 8 / 10 to AHCO.
Can you provide the trend direction for ADAPTHEALTH CORP?
The current trend direction for ADAPTHEALTH CORP (AHCO) is Bullish.
What is the RSI signal for ADAPTHEALTH CORP (AHCO) stock?
ADAPTHEALTH CORP (AHCO) has an RSI value of 53.3883. This indicates that the stock is currently neutral.
What is the buy/sell signal for AHCO stock?
The buy/sell signal for ADAPTHEALTH CORP (AHCO) is buy as both the short term and long term trends are positive.
What is the support and resistance level for AHCO stock?
ADAPTHEALTH CORP (AHCO) has a support level at 9.57 and a resistance level at 10.68. Check the full technical report for our detailed analysis of AHCO support and resistance levels.