ADAPTHEALTH CORP (AHCO) Technical Analysis
NASDAQ:AHCO • US00653Q1022
Current stock price
AHCO Technical Rating and Analysis
Overall AHCO gets a technical rating of 10 out of 10. Both in the recent history as in the last year, AHCO has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that AHCO is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, AHCO also shows a nice and consistent pattern of rising prices.
- AHCO is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry. AHCO outperforms 84% of them.
- AHCO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month AHCO has a been trading in the 11.69 - 13.40 range, which is quite wide. It is currently trading near the high of this range.
- AHCO has an average volume of 1517130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AHCO Weekly and Daily overview Charts
AHCO Setup Rating and Analysis
AHCO has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 13.16, a Stop Loss order could be placed below this zone.
More info and screens
AHCO Support and Resistance Analysis
8.66
7 important support areas can be observed.
- A support zone ranging from 12.89 to 13.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.14 from a horizontal line in the daily time frame.
- A support zone ranging from 11.50 to 11.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.64 from a horizontal line in the daily time frame.
- Support @9.42 from a trend line in the weekly time frame.
- Support @8.95 from a horizontal line in the daily time frame.
- Support @8.75 from a horizontal line in the daily time frame.
AHCO Technical Indicator Signal Analysis
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 | 87.32 | POSITIVE | AHCO has a high relative strength, it outperformed 87.32% 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) | UP | POSITIVE | The current price of AHCO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.81 | NEUTRAL | The RSI value for AHCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests AHCO has a negative trend. |
| Stochastics (14,3) | 81.19 | OVERBOUGHT | The high Stochastics value suggests AHCO may be overbought. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for AHCO suggests some volalility. |
| Average Directional Index/ADX (14) | 18.95 | NEGATIVE | The low ADX value for AHCO suggests a weak or negative trend. |
AHCO Chart- and CandleStick Pattern Analysis
AHCO Example Setup
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 |
|---|---|---|---|
| 13.41 | 12.88 | 0.53 (3.95%) | 25.00% |
| An entry @13.41. This is a Buy Stop order right above the 10 day high. | An exit @12.88. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.53 points, which is 3.95%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.99%. |
- The distance between exit and entry is rather small compared to the average daily movement of AHCO. Please evaluate whether better entry and exit points can be found.
- 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.
AHCO Technicals: Chart, Performance Metrics, Trend & Indicators
13.17
+0.06 (+0.46%)
ADAPTHEALTH CORP / AHCO TA FAQ
What is the ChartMill technical rating of ADAPTHEALTH CORP (AHCO) stock?
ChartMill assigns a technical rating of 10 / 10 to AHCO.
What is the trend direction for AHCO stock?
The current trend direction for ADAPTHEALTH CORP (AHCO) is Bullish.
Can you provide the RSI signal for ADAPTHEALTH CORP?
ADAPTHEALTH CORP (AHCO) has an RSI value of 66.8143. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ADAPTHEALTH CORP?
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 13.16. Check the full technical report for our detailed analysis of AHCO support and resistance levels.