COMMUNITY HEALTH SYSTEMS INC (CYH) Stock Technical Analysis
USA - NYSE:CYH - US2036681086 - Common Stock
2.95 USD
+0.06 (+2.08%)
3 USD
+0.05 (+1.69%)
Taking everything into account, CYH scores 2 out of 10 in our technical rating. 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.
94% of all other stocks performed better in the past year than CYH.
CYH is one of the lesser performing stocks in the Health Care Providers & Services industry. 77% of 101 stocks in the same industry do better.
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 2.65 - 3.13 range, which is quite wide. It is currently trading near the high of this range.
CYH has an average volume of 2672570 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!
Considerably lower volume is observed in the last couple of days.
CYH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.38
3.98
3 important support areas can be observed.
- A support zone ranging from 2.85 to 2.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.47 from a trend line in the weekly time frame.
- A support zone ranging from 2.40 to 2.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 2.96 to 2.96. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @3.01 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.44 to 3.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.94 from a horizontal line in the daily 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 | 6.64 | NEGATIVE | CYH has a low relative strength, it was outperformed by 93.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CYH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CYH is above 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) | 55.31 | NEUTRAL | The RSI value for CYH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CYH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.72 | NEUTRAL | The Stochastics value for CYH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for CYH suggests some volalility. |
| Average Directional Index/ADX (14) | 16.19 | NEGATIVE | The low ADX value for CYH suggests a weak or negative 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)
2.95
+0.06 (+2.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg2.08%
1 Week1.03%
2 Weeks5.36%
1 Month9.26%
3 Month-10.88%
6 Month13.46%
12 Month-50%
2 Year1.72%
3 Year37.21%
5 Year-30.09%
10 Year-93.1%
15 Year-90.47%
Volatility
ATR(14)0.12
ATR(20)%3.88%
ATR Inc38.72%
Range Today0.26
ADR(20)0.11
ADR(20)%3.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.64
Mansfield-2.2
10 Day High3.13
10 Day Low2.77
20 Day High3.13
20 Day Low2.65
52 Week High6.29
52 Week Low2.24
CS1 End2.88
CR1 Start2.96
Volume & EV
DER(3)0.63%
DER(5)2.85%
Volume2.30M
Volume Incr-18.74%
Vol(5)1.36M
Vol(50)2.67M