COMMUNITY HEALTH SYSTEMS INC (CYH) Stock Technical Analysis
NYSE:CYH - US2036681086 - Common Stock
2.92 USD
+0.08 (+2.82%)
2.89 USD
-0.03 (-1.03%)
We assign a technical rating of 1 out of 10 to CYH. 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, CYH is a bad performer in the overall market: 95% of all stocks are doing better.
CYH is one of the lesser performing stocks in the Health Care Providers & Services industry. 81% of 102 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 2.43 - 3.00 range, which is quite wide. It is currently trading near the high of this range.
CYH has an average volume of 2861170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
The technical rating of CYH is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.38
3.98
4 important support areas can be observed.
- A support zone ranging from 2.72 to 2.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.64 from a horizontal line in the daily time frame.
- Support @2.46 from a trend line in the weekly time frame.
- Support @2.40 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.93 to 3.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.55 to 3.56. 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 | DOWN | NEGATIVE | The long term trend for CYH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CYH is neutral. |
| ChartMill Relative Strength | 5.46 | NEGATIVE | CYH has a low relative strength, it was outperformed by 94.54% 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 | 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) | 56.78 | NEUTRAL | The RSI value for CYH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests CYH has a positive trend. |
| Stochastics (14,3) | 74.66 | NEUTRAL | The Stochastics value for CYH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for CYH suggests some volalility. |
| Average Directional Index/ADX (14) | 15.63 | 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)
2.92
+0.08 (+2.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg2.82%
1 Week4.29%
2 Weeks9.36%
1 Month17.74%
3 Month-25.32%
6 Month-0.68%
12 Month-48.77%
2 Year0.69%
3 Year35.81%
5 Year-30.81%
10 Year-93.17%
15 Year-90.57%
Volatility
ATR(14)0.11
ATR(20)%3.74%
ATR Inc57.88%
Range Today0.13
ADR(20)0.11
ADR(20)%3.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.46
Mansfield-2.43
10 Day High3
10 Day Low2.67
20 Day High3
20 Day Low2.43
52 Week High6.29
52 Week Low2.24
CS1 End2.79
CR1 Start2.93
Volume & EV
DER(3)5.67%
DER(5)4.76%
Volume1.94M
Volume Incr-11.54%
Vol(5)1.71M
Vol(50)2.86M