ADAPTHEALTH CORP (AHCO) Stock Technical Analysis
USA - NASDAQ:AHCO - US00653Q1022 - Common Stock
9.09 USD
-0.35 (-3.71%)
9.09 USD
0 (0%)
We assign a technical rating of 1 out of 10 to AHCO. 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.
80% of all other stocks performed better in the past year than AHCO.
In the last month AHCO has a been trading in the 8.62 - 9.65 range, which is quite wide. It is currently trading near the high of this range.
AHCO has an average volume of 1065460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
AHCO is part of the Health Care Providers & Services industry. There are 101 other stocks in this industry, AHCO did better than 43% of them.
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. Prices have been consolidating lately. There is a support zone below the current price at 9.08, a Stop Loss order could be placed below this zone.
More info and screens
7.70
11.33
4 important support areas can be observed.
- A support zone ranging from 8.93 to 9.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.67 to 8.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @8.13 from a trend line in the weekly time frame.
- Support @7.78 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 9.17 to 9.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.55 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 | NEUTRAL | NEUTRAL | The short term trend for AHCO is neutral. |
| ChartMill Relative Strength | 20.17 | NEGATIVE | AHCO has a low relative strength, it was outperformed by 79.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AHCO is above 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) | 49.63 | NEUTRAL | The RSI value for AHCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests AHCO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.51 | NEUTRAL | The Stochastics value for AHCO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for AHCO suggests some volalility. |
| Average Directional Index/ADX (14) | 20.9 | NEUTRAL | The ADX value for AHCO suggests a possible start of a new 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)
9.09
-0.35 (-3.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-3.71%
1 Week2.25%
2 Weeks2.25%
1 Month-4.42%
3 Month-2.47%
6 Month-10%
12 Month-12.93%
2 Year24.01%
3 Year-60.13%
5 Year-66.7%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%3.69%
ATR Inc50.14%
Range Today0.58
ADR(20)0.33
ADR(20)%3.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.17
Mansfield-1.48
10 Day High9.65
10 Day Low8.62
20 Day High9.65
20 Day Low8.62
52 Week High11.63
52 Week Low7.11
CS1 End9.08
CR1 Start9.17
Volume & EV
DER(3)0.78%
DER(5)0.88%
Volume1.37M
Volume Incr-4.49%
Vol(5)985.06K
Vol(50)1.07M