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.
BTSG has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
21.37
We found 5 important support areas.
- A support zone ranging from 35.45 to 35.47. 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 34.28 to 34.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @31.35 from a horizontal line in the daily time frame.
- Support @23.49 from a trend line in the weekly time frame.
- Support @21.59 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 36.55 to 36.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 94.95 | POSITIVE | BTSG has a high relative strength, it outperformed 94.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTSG is above 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) | 63.92 | NEUTRAL | The RSI value for BTSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BTSG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 73.23 | NEUTRAL | The Stochastics value for BTSG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for BTSG suggests some volalility. |
| Average Directional Index/ADX (14) | 21.31 | NEUTRAL | The ADX value for BTSG suggests a possible start of a new trend. |
36.54
+0.64 (+1.78%)
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.
What is the trend direction for BTSG stock?
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 63.9218. 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 -0.0284662, indicating a bearish trend.
Can you provide the buy/sell signal for BRIGHTSPRING HEALTH SERVICES?
The buy/sell signal for BRIGHTSPRING HEALTH SERVICES (BTSG) is buy as both the short term and long term trends are positive.