Taking everything into account, BTSG scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BTSG is showing a nice and steady performance.
Although BTSG has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
21.95
When analyzing the support we can see 5 important areas.
- Support @37.20 from a trend line in the daily time frame.
- A support zone ranging from 35.42 to 35.75. 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 34.53 to 34.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.30 from a trend line in the weekly time frame.
- Support @22.17 from a trend 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 | UP | POSITIVE | The long term trend for BTSG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTSG is up. |
| ChartMill Relative Strength | 95.48 | POSITIVE | BTSG has a high relative strength, it outperformed 95.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of BTSG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTSG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTSG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.08 | NEUTRAL | The RSI value for BTSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests BTSG has a negative trend. |
| Stochastics (14,3) | 55.09 | NEUTRAL | The Stochastics value for BTSG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for BTSG suggests some volalility. |
| Average Directional Index/ADX (14) | 27.76 | POSITIVE | The high ADX value value for BTSG suggests a strong trend. |
37.53
-1.57 (-4.02%)
BRIGHTSPRING HEALTH SERVICES / BTSG FAQ
Can you provide the ChartMill technical rating for BRIGHTSPRING HEALTH SERVICES?
ChartMill assigns a technical rating of 10 / 10 to BTSG.
Can you provide the trend direction for BRIGHTSPRING HEALTH SERVICES?
The current trend direction for BRIGHTSPRING HEALTH SERVICES (BTSG) is Bullish.
What is the RSI signal for BRIGHTSPRING HEALTH SERVICES (BTSG) stock?
BRIGHTSPRING HEALTH SERVICES (BTSG) has an RSI value of 52.0792. This indicates that the stock is currently neutral.
What is the MACD signal for BRIGHTSPRING HEALTH SERVICES (BTSG) stock?
The MACD indicator for BRIGHTSPRING HEALTH SERVICES (BTSG) has a value of -0.0547185, indicating a bearish trend.
Can you provide the short term momentum for BRIGHTSPRING HEALTH SERVICES?
The short term momentum for BRIGHTSPRING HEALTH SERVICES (BTSG) is positive.