CHEMED CORP (CHE)

US16359R1032 - Common Stock

566.1  -1.9 (-0.33%)

After market: 566.1 0 (0%)

Technical Rating and Analysis

0

Taking everything into account, CHE scores 0 out of 10 in our technical rating. 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.

When comparing the yearly performance of all stocks, CHE is a bad performer in the overall market: 63% of all stocks are doing better.
In the last month CHE has a been trading in the 557.90 - 639.61 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
CHE is an average performer in the Health Care Providers & Services industry, it outperforms 60% of 117 stocks in the same industry.
CHE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CHE is lagging the market slightly.
Weekly and Daily overview Charts
CHE Weekly chart
CHE Daily chart
Setup Rating and Analysis

2

The technical rating of CHE is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

492.48

657.22

We found 3 important support areas.

  • Support @561.71 from a trend line in the daily time frame.
  • Support @548.42 from a trend line in the weekly time frame.
  • A support zone ranging from 497.45 to 499.75. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 4 important resistance areas.

  • Resistance @566.65 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 587.11 to 587.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 600.71 to 621.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 648.73 to 650.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37
Mansfield-0.72
10 Day High622.33
10 Day Low557.9
20 Day High639.61
20 Day Low557.9
52 Week High654.62
52 Week Low492.84
Performance
1 Week-8.39%
2 Weeks-6.3%
1 Month-10.68%
3 Month-5.82%
6 Month-3.6%
12 Month2.8%
2 Year16.87%
3 Year15.22%
5 Year72.62%
10 Year542.71%
15 Year1379.23%
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)
Technical Indicators
MACD(12,26,9)-5.02
RSI(14)29.08
LBB551.35
UBB637.17
CHE Daily chart

CHEMED CORP

NYSE:CHE (5/1/2024, 7:04:00 PM)

After market: 566.1 0 (0%)

566.1

-1.9 (-0.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.33%
1 Week-8.39%
2 Weeks-6.3%
1 Month-10.68%
3 Month-5.82%
6 Month-3.6%
12 Month2.8%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)13.56
ATR(20)%2.11%
ATR Inc
Range Today9.76
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High622.33
10 Day Low557.9
20 Day High639.61
20 Day Low557.9
52 Week High654.62
52 Week Low492.84
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume90.00K
Volume Incr109.42%
Vol(5)129.80K
Vol(50)80.37K