COMMUNITY HEALTH SYSTEMS INC (CYH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:CYH - US2036681086 - Common Stock
We assign a technical rating of 4 out of 10 to CYH. In the past year, CYH was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
CYH has an average technical rating and it also does not offer a high 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.
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2.38
When analyzing the support we can see 5 important areas.
- Support @3.11 from a horizontal line in the weekly time frame.
- Support @2.94 from a trend line in the daily time frame.
- Support @2.89 from a horizontal line in the daily time frame.
- Support @2.51 from a trend line in the daily time frame.
- A support zone ranging from 2.40 to 2.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.47 to 3.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.93 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 | UP | POSITIVE | The short term trend for CYH is up. |
| ChartMill Relative Strength | 78.09 | POSITIVE | CYH has a high relative strength, it outperformed 78.09% 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) | UP | POSITIVE | The current price of CYH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.17 | 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) | 61.07 | NEUTRAL | The Stochastics value for CYH is a neutral value. |
| Average True Range in percent/ATR (20) | 5.59 | HIGH VOLATILITY | The high ATR as a percentage value for CYH suggests high volalility. |
| Average Directional Index/ADX (14) | 20.26 | NEUTRAL | The ADX value for CYH suggests a possible start of a new trend. |
3.46
+0.01 (+0.29%)
COMMUNITY HEALTH SYSTEMS INC / CYH FAQ
What is the technical rating for CYH stock?
ChartMill assigns a technical rating of 4 / 10 to CYH.
What is the current trend direction of COMMUNITY HEALTH SYSTEMS INC (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 53.1743. This indicates that the stock is currently neutral.
What is the MACD signal for COMMUNITY HEALTH SYSTEMS INC (CYH) stock?
The MACD indicator for COMMUNITY HEALTH SYSTEMS INC (CYH) has a value of 0.00508016, indicating a bearish trend.
What is the support and resistance level for CYH stock?
COMMUNITY HEALTH SYSTEMS INC (CYH) has a support level at 3.11 and a resistance level at 3.47. Check the full technical report for our detailed analysis of CYH support and resistance levels.