COMMUNITY HEALTH SYSTEMS INC (CYH) Technical Analysis
NYSE:CYH • US2036681086
Current stock price
CYH Technical Rating and Analysis
Taking everything into account, CYH scores 1 out of 10 in our technical rating. 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.
- In the last month CYH has a been trading in the 2.83 - 3.73 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- CYH has an average volume of 1722090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, CYH turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
- CYH is an average performer in the Health Care Providers & Services industry, it outperforms 61% of 101 stocks in the same industry.
- CYH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CYH is lagging the market slightly.
CYH Weekly and Daily overview Charts
CYH Setup Rating and Analysis
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
CYH Support and Resistance Analysis
2.85
We found 1 important support area.
- A support zone ranging from 2.88 to 2.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
7 important resistance areas can be observed.
- A resistance zone ranging from 2.89 to 2.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.17 to 3.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 3.26 to 3.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.43 from a trend line in the weekly time frame.
- Resistance @3.52 from a trend line in the daily time frame.
- Resistance @3.63 from a horizontal line in the daily time frame.
- Resistance @3.87 from a trend line in the weekly time frame.
CYH Technical Indicator Signal Analysis
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 | 48.38 | NEUTRAL | CYH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CYH is below a declining 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) | 32.87 | NEUTRAL | The RSI value for CYH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests CYH has a negative trend. |
| Stochastics (14,3) | 7.02 | OVERSOLD | The low Stochastics value suggests CYH may be oversold. |
| Average True Range in percent/ATR (20) | 6.53 | HIGH VOLATILITY | The high ATR as a percentage value for CYH suggests high volalility. |
| Average Directional Index/ADX (14) | 14.14 | NEGATIVE | The low ADX value for CYH suggests a weak or negative trend. |
CYH Chart- and CandleStick Pattern Analysis
CYH Technicals: Chart, Performance Metrics, Trend & Indicators
2.89
-0.11 (-3.67%)
COMMUNITY HEALTH SYSTEMS INC / CYH TA FAQ
What is the technical rating for CYH stock?
ChartMill assigns a technical rating of 1 / 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 32.8734. 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 2.88 and a resistance level at 2.89. Check the full technical report for our detailed analysis of CYH support and resistance levels.