ADAPTHEALTH CORP (AHCO) Stock Technical Analysis
NASDAQ:AHCO - Nasdaq - US00653Q1022 - Common Stock - Currency: USD
Taking everything into account, AHCO scores 5 out of 10 in our technical rating. In the past year, AHCO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
73% of all other stocks performed better in the past year than AHCO.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month AHCO has a been trading in the 8.78 - 9.67 range, which is quite wide. It is currently trading near the high of this range.
AHCO has an average volume of 1234670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AHCO is an average performer in the Health Care Providers & Services industry, it outperforms 60% of 103 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.
AHCO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 9.60. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.59, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
7.92
11.63
When analyzing the support we can see 5 important areas.
- A support zone ranging from 9.55 to 9.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 9.21 to 9.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.79 to 8.84. 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 @8.00 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 9.60 to 9.65. 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.
- 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 | UP | POSITIVE | The short term trend for AHCO is up. |
| ChartMill Relative Strength | 27.54 | NEGATIVE | AHCO has a low relative strength, it was outperformed by 72.46% off all stocks 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 | NEGATIVE | The current price of AHCO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.97 | 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) | 72.48 | NEUTRAL | The Stochastics value for AHCO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.81 | MEDIUM VOLATILITY | The ATR as a percentage value for AHCO suggests some volalility. |
| Average Directional Index/ADX (14) | 8.37 | 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)
9.59
+0.15 (+1.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg1.59%
1 Week4.81%
2 Weeks4.58%
1 Month0.42%
3 Month9.23%
6 Month-11.37%
12 Month-12.82%
2 Year-30.2%
3 Year-56.63%
5 Year-50.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%3.81%
ATR Inc1.66%
Range Today0.35
ADR(20)0.36
ADR(20)%3.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.54
Mansfield-1.04
10 Day High9.67
10 Day Low8.78
20 Day High9.67
20 Day Low8.78
52 Week High11.7
52 Week Low7.11
CS1 End9.59
CR1 Start9.6
Volume & EV
DER(3)2.48%
DER(5)2.23%
Volume1.05M
Volume Incr-26.39%
Vol(5)1.09M
Vol(50)1.23M