CHEMED CORP (CHE) Stock Technical Analysis
NYSE:CHE - US16359R1032 - Common Stock
456 USD
-3.05 (-0.66%)
456 USD
0 (0%)
Overall CHE gets a technical rating of 0 out of 10. CHE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
91% of all other stocks performed better in the past year than CHE.
CHE is one of the lesser performing stocks in the Health Care Providers & Services industry. 68% of 101 stocks in the same industry do better.
CHE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CHE has a been trading in the 408.42 - 469.71 range, which is quite wide. It is currently trading near the high of this range.
CHE has a poor technical rating and the quality of the setup is also 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
451.44
616.28
4 important resistance areas can be observed.
- A resistance zone ranging from 459.06 to 459.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @518.08 from a trend line in the daily time frame.
- Resistance @587.84 from a trend line in the weekly time frame.
- Resistance @610.18 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for CHE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CHE is neutral. |
| ChartMill Relative Strength | 9.64 | NEGATIVE | CHE has a low relative strength, it was outperformed by 90.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CHE is above 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) | 51.67 | NEUTRAL | The RSI value for CHE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.97 | POSITIVE | The MACD value suggests CHE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81 | OVERBOUGHT | The high Stochastics value suggests CHE may be overbought. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for CHE suggests some volalility. |
| Average Directional Index/ADX (14) | 30.32 | POSITIVE | The high ADX value value for CHE suggests a strong trend. |
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)
456
-3.05 (-0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.66%
1 Week2.51%
2 Weeks5.52%
1 Month-2.16%
3 Month-20.67%
6 Month-24.1%
12 Month-22.21%
2 Year-10.84%
3 Year-4.24%
5 Year-11.82%
10 Year234.43%
15 Year813.83%
Volatility
ATR(14)8.24
ATR(20)%2.46%
ATR Inc18.11%
Range Today8.52
ADR(20)9.39
ADR(20)%2.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.64
Mansfield-2.41
10 Day High465.14
10 Day Low431.53
20 Day High469.72
20 Day Low408.42
52 Week High623.61
52 Week Low408.42
CS1 EndN/A
CR1 Start459.06
Volume & EV
DER(3)-2.39%
DER(5)-2.32%
Volume150.60K
Volume Incr-29.96%
Vol(5)139.80K
Vol(50)183.60K