BRIGHTSPRING HEALTH SERVICES (BTSG) Technical Analysis
NASDAQ:BTSG • US10950A1060
Current stock price
43.1 USD
+1.07 (+2.55%)
At close:
43.09 USD
-0.01 (-0.02%)
After Hours:
BTSG Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to BTSG. 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.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that BTSG is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, BTSG also shows a nice and consistent pattern of rising prices.
- BTSG is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 92% of 100 stocks in the same industry.
- BTSG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BTSG is performing more or less in line with the market.
- BTSG has an average volume of 2647320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month BTSG has a been trading in the 37.24 - 45.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BTSG Weekly and Daily overview Charts
BTSG Setup Rating and Analysis
BTSG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 42.59, a Stop Loss order could be placed below this zone.
More info and screens
BTSG Support and Resistance Analysis
23.33
43.53
When analyzing the support we can see 5 important areas.
- A support zone ranging from 41.87 to 42.59. 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 40.02 to 40.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.30 from a horizontal line in the weekly time frame.
- A support zone ranging from 37.27 to 37.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @23.57 from a trend line in the weekly time frame.
BTSG 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 BTSG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BTSG is neutral. |
| ChartMill Relative Strength | 94.25 | POSITIVE | BTSG has a high relative strength, it outperformed 94.25% 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) | 55.02 | 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) | 61.58 | NEUTRAL | The Stochastics value for BTSG is a neutral value. |
| Average True Range in percent/ATR (20) | 5.04 | HIGH VOLATILITY | The high ATR as a percentage value for BTSG suggests high volalility. |
| Average Directional Index/ADX (14) | 11.4 | NEGATIVE | The low ADX value for BTSG suggests a weak or negative trend. |
BTSG Chart- and CandleStick Pattern Analysis
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)
BTSG 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 |
|---|---|---|---|
| 45.60 | 41.86 | 3.74 (8.20%) | 12.19% |
| An entry @45.60. This is a Buy Stop order right above the 10 day high. | An exit @41.86. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.74 points, which is 8.20%. | For a 1.00% total portfolio risk, you can invest 12.19% of your capital in this trade. |
- 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.
BTSG Technicals: Chart, Performance Metrics, Trend & Indicators
43.1
+1.07 (+2.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg2.55%
1 Week0.63%
2 Weeks-2.02%
1 Month3.18%
3 Month12.24%
6 Month51.97%
12 Month151.31%
2 Year303.18%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.22
ATR(20)%5.04%
ATR Inc7.57%
Range Today2.83
ADR(20)2.06
ADR(20)%4.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.25
3 months CRS86.35
6 months CRS95.39
Mansfield4.31
10 Day High45.59
10 Day Low39.91
20 Day High45.59
20 Day Low37.24
52 Week High45.59
52 Week Low15.48
CS1 End42.59
CR1 StartN/A
Volume & EV
DER(3)1.22%
DER(5)-0.2%
Volume1.68M
Volume Incr-45.53%
Vol(5)2.25M
Vol(50)2.65M
BRIGHTSPRING HEALTH SERVICES / BTSG TA 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.
Can you provide the RSI signal for BRIGHTSPRING HEALTH SERVICES?
BRIGHTSPRING HEALTH SERVICES (BTSG) has an RSI value of 55.0226. 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 -0.030711, indicating a bearish trend.