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 4 out of 10. CYH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
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.
CYH is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 75% of 103 stocks in the same industry.
In the last month CYH has a been trading in the 3.01 - 3.95 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
CYH has an average volume of 3071470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, CYH did better than 73% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, CYH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for CYH in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.44
4.04
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.37 to 3.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.17 to 3.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.46 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.42 to 3.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.98 to 4.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 73.44 | POSITIVE | CYH has a high relative strength, it outperformed 73.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CYH is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CYH is below the rising 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) | 48.63 | NEUTRAL | The RSI value for CYH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CYH has a positive trend. |
| Stochastics (14,3) | 65.15 | NEUTRAL | The Stochastics value for CYH is a neutral value. |
| Average True Range in percent/ATR (20) | 5.89 | HIGH VOLATILITY | The high ATR as a percentage value for CYH suggests high volalility. |
| Average Directional Index/ADX (14) | 16.86 | 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)
3.41
-0.02 (-0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.58%
1 Week-2.01%
2 Weeks3.02%
1 Month-10.97%
3 Month39.18%
6 Month11.07%
12 Month3.02%
2 Year-22.32%
3 Year14.43%
5 Year-31.53%
10 Year-94.17%
15 Year-89.48%
Volatility
ATR(14)0.18
ATR(20)%5.89%
ATR Inc-7.8%
Range Today0.14
ADR(20)0.19
ADR(20)%5.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.44
Mansfield-1.87
10 Day High3.67
10 Day Low3.25
20 Day High3.95
20 Day Low3.01
52 Week High6.29
52 Week Low2.24
CS1 End3.4
CR1 Start3.42
Volume & EV
DER(3)6.95%
DER(5)4.16%
Volume1.01M
Volume Incr-20.29%
Vol(5)1.99M
Vol(50)3.07M