COMMUNITY HEALTH SYSTEMS INC (CYH) Technical Analysis
NYSE:CYH • US2036681086
Current stock price
CYH Technical Rating and Analysis
Overall CYH gets a technical rating of 0 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.
- 78% of all other stocks performed better in the past year 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 2.40 - 3.29 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 1689400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- CYH is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry, CYH did better than 47% of them.
CYH Weekly and Daily overview Charts
CYH Setup Rating and Analysis
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
CYH Support and Resistance Analysis
2.69
We can see 5 important resistance areas.
- A resistance zone ranging from 3.09 to 3.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.15 to 3.17. 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 3.26 to 3.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.63 from a horizontal line in the daily time frame.
- Resistance @3.82 from a trend line in the weekly time frame.
CYH 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 | NEUTRAL | NEUTRAL | The long term trend for CYH is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CYH is down. |
| ChartMill Relative Strength | 22.36 | NEGATIVE | CYH has a low relative strength, it was outperformed by 77.64% 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) | 38 | NEUTRAL | The RSI value for CYH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CYH has a negative trend. |
| Stochastics (14,3) | 20.31 | NEUTRAL | The Stochastics value for CYH is a neutral value. |
| Average True Range in percent/ATR (20) | 5.58 | HIGH VOLATILITY | The high ATR as a percentage value for CYH suggests high volalility. |
| Average Directional Index/ADX (14) | 17.61 | NEGATIVE | The low ADX value for CYH suggests a weak or negative trend. |
CYH Chart- and CandleStick Pattern Analysis
CYH Technicals: Chart, Performance Metrics, Trend & Indicators
2.72
+0.23 (+9.24%)
COMMUNITY HEALTH SYSTEMS INC / CYH TA FAQ
What is the technical rating for CYH stock?
ChartMill assigns a technical rating of 0 / 10 to CYH.
What is the trend direction for CYH stock?
The current trend direction for COMMUNITY HEALTH SYSTEMS INC (CYH) is Bearish.
Can you provide the RSI signal for COMMUNITY HEALTH SYSTEMS INC?
COMMUNITY HEALTH SYSTEMS INC (CYH) has an RSI value of 37.9978. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for COMMUNITY HEALTH SYSTEMS INC?
COMMUNITY HEALTH SYSTEMS INC (CYH) has a resistance level at 3.09. Check the full technical report for our detailed analysis of CYH support and resistance levels.