DEFINITIVE HEALTHCARE CORP (DH) Stock Technical Analysis
NASDAQ:DH - Nasdaq - US24477E1038 - Common Stock - Currency: USD
Overall DH gets a technical rating of 7 out of 10. DH has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the performance of all stocks over the past year, DH turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
DH is part of the Health Care Technology industry. There are 36 other stocks in this industry, DH did better than 62% of them.
DH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DH is lagging the market.
In the last month DH has a been trading in the 3.55 - 4.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
DH has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
3.87
5.25
When analyzing the support we notice one important area.
- A support zone ranging from 3.91 to 3.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 4.03 to 4.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.19 from a horizontal line in the daily time frame.
- Resistance @5.20 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for DH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DH is up. |
| ChartMill Relative Strength | 61.97 | NEUTRAL | DH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DH is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.59 | NEUTRAL | The RSI value for DH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DH has a negative trend. |
| Stochastics (14,3) | 72.17 | NEUTRAL | The Stochastics value for DH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.39 | MEDIUM VOLATILITY | The ATR as a percentage value for DH suggests some volalility. |
| Average Directional Index/ADX (14) | 45.21 | POSITIVE | The high ADX value value for DH suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.05 | 3.90 | 0.15 (3.70%) | 25.00% |
| An entry @4.05. This is a Buy Stop order right above the resistance zone. | An exit @3.90. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.15 points, which is 3.70%. | For a 0.93% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of DH. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
3.92
-0.26 (-6.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-6.33%
1 Week-2.73%
2 Weeks3.43%
1 Month4.53%
3 Month51.35%
6 Month-7.11%
12 Month-27.94%
2 Year-66.86%
3 Year-84.91%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%4.39%
ATR Inc10.22%
Range Today0.25
ADR(20)0.17
ADR(20)%4.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.97
Mansfield-0.93
10 Day High4.23
10 Day Low3.74
20 Day High4.23
20 Day Low3.55
52 Week High6.16
52 Week Low2.15
CS1 End3.92
CR1 Start4.03
Volume & EV
DER(3)-4.9%
DER(5)-5.62%
Volume464.50K
Volume Incr-43.98%
Vol(5)442.12K
Vol(50)725.98K