COMMUNITY HEALTH SYSTEMS INC (CYH) Stock Technical Analysis
NYSE:CYH - New York Stock Exchange, Inc. - US2036681086 - Common Stock - Currency: USD
Overall CYH gets a technical rating of 1 out of 10. CYH'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.
When comparing the yearly performance of all stocks, CYH is a bad performer in the overall market: 91% of all stocks are doing better.
CYH is part of the Health Care Providers & Services industry. There are 103 other stocks in this industry, of which 69% are performing better than CYH.
CYH 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 CYH has a been trading in the 2.68 - 3.96 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.
CYH has an average volume of 3077460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
The technical rating of CYH is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.36
3.89
When analyzing the support we can see 2 important areas.
- Support @2.47 from a trend line in the weekly time frame.
- A support zone ranging from 2.38 to 2.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @3.85 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for CYH is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CYH is neutral. |
| ChartMill Relative Strength | 9.42 | NEGATIVE | CYH has a low relative strength, it was outperformed by 90.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CYH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CYH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CYH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.99 | OVERSOLD | The low RSI value suggests CYH may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests CYH has a negative trend. |
| Stochastics (14,3) | 37.05 | NEUTRAL | The Stochastics value for CYH is a neutral value. |
| Average True Range in percent/ATR (20) | 8.09 | HIGH VOLATILITY | The high ATR as a percentage value for CYH suggests high volalility. |
| Average Directional Index/ADX (14) | 21.6 | NEUTRAL | The ADX value for CYH suggests a possible start of a new 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)
2.77
-0.13 (-4.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-4.48%
1 Week-22.84%
2 Weeks-23.06%
1 Month-20.4%
3 Month3.75%
6 Month-18.53%
12 Month-45.58%
2 Year-36.9%
3 Year-7.05%
5 Year-44.38%
10 Year-95.27%
15 Year-91.46%
Volatility
ATR(14)0.24
ATR(20)%8.09%
ATR Inc316.4%
Range Today0.17
ADR(20)0.18
ADR(20)%6.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.42
Mansfield-3.38
10 Day High3.97
10 Day Low2.68
20 Day High3.97
20 Day Low2.68
52 Week High6.29
52 Week Low2.24
CS1 End2.47
CR1 Start3.85
Volume & EV
DER(3)7.27%
DER(5)3.26%
Volume7.09M
Volume Incr337.57%
Vol(5)9.28M
Vol(50)3.08M