BRIGHTSPRING HEALTH SERVICES (BTSG) Technical Analysis
NASDAQ:BTSG • US10950A1060
Current stock price
48.16 USD
+0.96 (+2.03%)
At close:
48.16 USD
0 (0%)
After Hours:
BTSG Technical Rating and Analysis
Overall BTSG gets a technical rating of 10 out of 10. Both in the recent history as in the last year, BTSG 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 BTSG is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, BTSG also shows a nice and consistent pattern of rising prices.
- BTSG is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry. BTSG outperforms 96% of them.
- BTSG 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 BTSG has a been trading in the 40.41 - 48.49 range, which is quite wide. It is currently trading near the high of this range.
- BTSG has an average volume of 2709310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
BTSG Support and Resistance Analysis
37.08
48.64
When analyzing the support we can see 3 important areas.
- A support zone ranging from 46.76 to 46.83. 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 41.53 to 41.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.45 from a horizontal line in the daily 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 | UP | POSITIVE | The short term trend for BTSG is up. |
| ChartMill Relative Strength | 95.99 | POSITIVE | BTSG has a high relative strength, it outperformed 95.99% 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) | 64.72 | NEUTRAL | The RSI value for BTSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests BTSG has a positive trend. |
| Stochastics (14,3) | 85.22 | OVERBOUGHT | The high Stochastics value suggests BTSG may be overbought. |
| Average True Range in percent/ATR (20) | 3.18 | MEDIUM VOLATILITY | The ATR as a percentage value for BTSG suggests some volalility. |
| Average Directional Index/ADX (14) | 15.93 | 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 |
|---|---|---|---|
| 48.50 | 46.75 | 1.75 (3.61%) | 25.00% |
| An entry @48.50. This is a Buy Stop order right above the 10 day high. | An exit @46.75. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.75 points, which is 3.61%. | For a 0.90% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BTSG. 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.
BTSG Technicals: Chart, Performance Metrics, Trend & Indicators
48.16
+0.96 (+2.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg2.03%
1 Week1.88%
2 Weeks6.24%
1 Month12.44%
3 Month21.49%
6 Month43.63%
12 Month184.63%
2 Year350.51%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.46
ATR(20)%3.18%
ATR Inc-0.3%
Range Today1.58
ADR(20)1.46
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.99
3 months CRS91.53
6 months CRS93.09
Mansfield4.06
10 Day High48.49
10 Day Low44.93
20 Day High48.49
20 Day Low40.41
52 Week High48.49
52 Week Low16.34
CS1 End46.83
CR1 StartN/A
Volume & EV
DER(3)-3.28%
DER(5)-3.73%
Volume2.24M
Volume Incr-23.91%
Vol(5)1.75M
Vol(50)2.71M
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 64.7169. 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 0.119465, indicating a bearish trend.
What is the buy/sell signal for BRIGHTSPRING HEALTH SERVICES (BTSG) stock?
The buy/sell signal for BRIGHTSPRING HEALTH SERVICES (BTSG) is buy as both the short term and long term trends are positive.