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 5 out of 10. In the last year, CYH was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
CYH is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 78% of 103 stocks in the same industry.
In the last month CYH has a been trading in the 3.01 - 3.96 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 3101410 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!
When comparing the yearly performance of all stocks, we notice that CYH is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
CYH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CYH is lagging the market.
CYH has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 3.37, a Stop Loss order could be placed below this zone.
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 3.42. 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.44 to 3.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.99 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 | 75.72 | POSITIVE | CYH has a high relative strength, it outperformed 75.72% 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 | POSITIVE | The current price of CYH is above 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) | 49.57 | 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) | 64.65 | 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) | 17.86 | 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)
3.43
-0.05 (-1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-1.44%
1 Week1.78%
2 Weeks7.19%
1 Month-12.94%
3 Month40%
6 Month11.73%
12 Month3.63%
2 Year-21.87%
3 Year15.1%
5 Year-31.12%
10 Year-94.14%
15 Year-89.42%
Volatility
ATR(14)0.18
ATR(20)%5.89%
ATR Inc14.47%
Range Today0.19
ADR(20)0.2
ADR(20)%5.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.72
Mansfield-1.76
10 Day High3.67
10 Day Low3.18
20 Day High3.96
20 Day Low3.01
52 Week High6.29
52 Week Low2.24
CS1 End3.37
CR1 Start3.48
Volume & EV
DER(3)1.53%
DER(5)-0.02%
Volume1.87M
Volume Incr45.54%
Vol(5)3.26M
Vol(50)3.10M