COMMUNITY HEALTH SYSTEMS INC (CYH) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:CYH • US2036681086
Overall CYH gets a technical rating of 2 out of 10. CYH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 77% of all other stocks performed better in the past year than CYH.
- In the last month CYH has a been trading in the 2.95 - 3.53 range, which is quite wide. It is currently trading near the lows of this range.
- CYH has an average volume of 1621360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- CYH is an average performer in the Health Care Providers & Services industry, it outperforms 47% of 103 stocks in the same industry.
- 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 a bad 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 3.20, a Stop Loss order could be placed below this zone. 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.
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4 important support areas can be observed.
- A support zone ranging from 3.18 to 3.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.09 to 3.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.89 to 2.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @2.41 from a horizontal line in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 3.22 to 3.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.33 to 3.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.62 to 3.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.95 from a trend line in the weekly time frame.
- Resistance @4.35 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 | DOWN | NEGATIVE | The short term trend for CYH is down. |
| ChartMill Relative Strength | 23.57 | NEGATIVE | CYH has a low relative strength, it was outperformed by 76.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CYH is below the rising 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) | UP | MIXED | The current price of CYH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.29 | NEUTRAL | The RSI value for CYH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CYH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.63 | NEUTRAL | The Stochastics value for CYH is a neutral value. |
| Average True Range in percent/ATR (20) | 5.09 | HIGH VOLATILITY | The high ATR as a percentage value for CYH suggests high volalility. |
| Average Directional Index/ADX (14) | 8.98 | NEGATIVE | The low ADX value for CYH suggests a weak or negative trend. |
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+0.04 (+1.26%)
COMMUNITY HEALTH SYSTEMS INC / CYH FAQ
What is the technical rating for CYH stock?
ChartMill assigns a technical rating of 2 / 10 to CYH.
What is the trend direction for CYH stock?
The current trend direction for COMMUNITY HEALTH SYSTEMS INC (CYH) is Bearish.
What is the RSI signal for COMMUNITY HEALTH SYSTEMS INC (CYH) stock?
COMMUNITY HEALTH SYSTEMS INC (CYH) has an RSI value of 48.2909. This indicates that the stock is currently neutral.
What is the short term momentum for CYH stock?
The short term momentum for COMMUNITY HEALTH SYSTEMS INC (CYH) is negative.
Can you provide the support and resistance levels for COMMUNITY HEALTH SYSTEMS INC?
COMMUNITY HEALTH SYSTEMS INC (CYH) has a support level at 3.2 and a resistance level at 3.22. Check the full technical report for our detailed analysis of CYH support and resistance levels.