We assign a technical rating of 7 out of 10 to AHCO. In the last year, AHCO was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
AHCO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 10.67. Right above this resistance zone may be a good entry point. 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
8.66
5 important support areas can be observed.
- A support zone ranging from 9.64 to 9.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.41 from a trend line in the daily time frame.
- A support zone ranging from 9.11 to 9.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @8.93 from a horizontal line in the daily time frame.
- A support zone ranging from 8.75 to 8.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 10.67 to 10.68. 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 | NEUTRAL | NEUTRAL | The long term trend for AHCO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AHCO is up. |
| ChartMill Relative Strength | 66 | 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) | UP | POSITIVE | The current price of AHCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.26 | NEUTRAL | The RSI value for AHCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AHCO has a positive trend. |
| Stochastics (14,3) | 84.86 | OVERBOUGHT | The high Stochastics value suggests AHCO may be overbought. |
| Average True Range in percent/ATR (20) | 3.25 | MEDIUM VOLATILITY | The ATR as a percentage value for AHCO suggests some volalility. |
| Average Directional Index/ADX (14) | 33.69 | 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 |
|---|---|---|---|
| 10.69 | 9.52 | 1.17 (10.94%) | 9.14% |
| An entry @10.69. This is a Buy Stop order right above the resistance zone. | An exit @9.52. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.17 points, which is 10.94%. | For a 1.00% total portfolio risk, you can invest 9.14% of your capital in this trade. |
- 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.
10.49
-0.13 (-1.22%)
ADAPTHEALTH CORP / AHCO FAQ
What is the ChartMill technical rating of ADAPTHEALTH CORP (AHCO) stock?
ChartMill assigns a technical rating of 7 / 10 to AHCO.
What is the current trend direction of ADAPTHEALTH CORP (AHCO) stock?
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 59.2586. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ADAPTHEALTH CORP?
ADAPTHEALTH CORP (AHCO) has a support level at 9.81 and a resistance level at 10.67. Check the full technical report for our detailed analysis of AHCO support and resistance levels.