CHEMED CORP (CHE) Technical Analysis
NYSE:CHE • US16359R1032
Current stock price
CHE Technical Rating and Analysis
Overall CHE gets a technical rating of 0 out of 10. CHE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, CHE is a bad performer in the overall market: 85% of all stocks are doing better.
- CHE is one of the lesser performing stocks in the Health Care Providers & Services industry. 64% of 101 stocks in the same industry do better.
- CHE is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CHE is lagging the market.
- CHE is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
CHE Weekly and Daily overview Charts
CHE Setup Rating and Analysis
Although the technical rating is bad, CHE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 399.33, a Stop Loss order could be placed below this zone.
More info and screens
CHE Support and Resistance Analysis
392.65
We found 1 important support area.
- A support zone ranging from 396.62 to 399.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 424.17 to 428.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 464.32 to 470.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
CHE 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 | DOWN | NEGATIVE | The long term trend for CHE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CHE is down. |
| ChartMill Relative Strength | 15.39 | NEGATIVE | CHE has a low relative strength, it was outperformed by 84.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CHE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CHE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.21 | NEUTRAL | The RSI value for CHE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.43 | NEGATIVE | The MACD value suggests CHE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.06 | NEUTRAL | The Stochastics value for CHE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for CHE suggests some volalility. |
| Average Directional Index/ADX (14) | 33.86 | POSITIVE | The high ADX value value for CHE suggests a strong trend. |
CHE Chart- and CandleStick Pattern Analysis
CHE Technicals: Chart, Performance Metrics, Trend & Indicators
399.34
+1.01 (+0.25%)
CHEMED CORP / CHE TA FAQ
What is the technical rating for CHE stock?
ChartMill assigns a technical rating of 0 / 10 to CHE.
What is the current trend direction of CHEMED CORP (CHE) stock?
The current trend direction for CHEMED CORP (CHE) is Bearish.
Can you provide the RSI signal for CHEMED CORP?
CHEMED CORP (CHE) has an RSI value of 35.2117. This indicates that the stock is currently neutral.
What is the MACD signal for CHE stock?
The MACD indicator for CHEMED CORP (CHE) has a value of -2.43208, indicating a bearish trend.
Can you provide the short term momentum for CHEMED CORP?
The short term momentum for CHEMED CORP (CHE) is negative.