BRIGHT HEALTH GROUP INC (BHG)

US10920V4041 - Common Stock

16.35  +1.4 (+9.36%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to BHG. BHG has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

BHG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BHG is lagging the market.
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.
BHG is part of the Health Care Providers & Services industry. There are 117 other stocks in this industry. BHG outperforms 87% of them.
In the last month BHG has a been trading in the 5.09 - 16.35 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that BHG is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
BHG Weekly chart
BHG Daily chart
Setup Rating and Analysis

2

Although BHG has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.15
Mansfield-1.14
10 Day High16.35
10 Day Low10.18
20 Day High16.35
20 Day Low5.09
52 Week High80.8
52 Week Low4.94
Performance
1 Week41.8%
2 Weeks39.51%
1 Month220.59%
3 Month135.93%
6 Month32.71%
12 Month-79.32%
2 Year-92.65%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.47
RSI(14)80
LBB8.39
UBB15.85
BHG Daily chart

BRIGHT HEALTH GROUP INC

NYSE:BHG (1/26/2024, 7:04:13 PM)

16.35

+1.4 (+9.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg9.36%
1 Week41.8%
2 Weeks39.51%
1 Month220.59%
3 Month135.93%
6 Month32.71%
12 Month-79.32%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.27
ATR(20)%9.79%
ATR Inc
Range Today1.83
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High16.35
10 Day Low10.18
20 Day High16.35
20 Day Low5.09
52 Week High80.8
52 Week Low4.94
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume29.20K
Volume Incr-61.02%
Vol(5)34.52K
Vol(50)49.31K