DIVERSIFIED HEALTHCARE TRUST (DHC) Technical Analysis
NASDAQ:DHC • US25525P1075
Current stock price
DHC Technical Rating and Analysis
Taking everything into account, DHC scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DHC is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that DHC is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, DHC also shows a nice and consistent pattern of rising prices.
- DHC is part of the Diversified REITs industry. There are 123 other stocks in this industry. DHC outperforms 99% of them.
- DHC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so DHC is performing more or less in line with the market.
- DHC has an average volume of 2006990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month DHC has a been trading in the 5.66 - 7.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DHC Weekly and Daily overview Charts
DHC Setup Rating and Analysis
Although DHC has an excellent technical rating, it does not present a decent entry opportunity 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
DHC Support and Resistance Analysis
5.52
When analyzing the support we can see 4 important areas.
- A support zone ranging from 6.23 to 6.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.09 from a horizontal line in the daily time frame.
- Support @5.75 from a trend line in the weekly time frame.
- Support @5.58 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @6.71 from a trend line in the daily time frame.
- Resistance @7.56 from a horizontal line in the daily time frame.
DHC 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 | UP | POSITIVE | The long term trend for DHC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DHC is up. |
| ChartMill Relative Strength | 97.73 | POSITIVE | DHC has a high relative strength, it outperformed 97.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DHC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DHC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DHC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.21 | NEUTRAL | The RSI value for DHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests DHC has a negative trend. |
| Stochastics (14,3) | 58.65 | NEUTRAL | The Stochastics value for DHC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.67 | HIGH VOLATILITY | The high ATR as a percentage value for DHC suggests high volalility. |
| Average Directional Index/ADX (14) | 29.11 | POSITIVE | The high ADX value value for DHC suggests a strong trend. |
DHC Chart- and CandleStick Pattern Analysis
DHC Technicals: Chart, Performance Metrics, Trend & Indicators
6.71
-0.44 (-6.15%)
DIVERSIFIED HEALTHCARE TRUST / DHC TA FAQ
Can you provide the ChartMill technical rating for DIVERSIFIED HEALTHCARE TRUST?
ChartMill assigns a technical rating of 10 / 10 to DHC.
Can you provide the trend direction for DIVERSIFIED HEALTHCARE TRUST?
The current trend direction for DIVERSIFIED HEALTHCARE TRUST (DHC) is Bullish.
What is the RSI signal for DIVERSIFIED HEALTHCARE TRUST (DHC) stock?
DIVERSIFIED HEALTHCARE TRUST (DHC) has an RSI value of 57.2085. This indicates that the stock is currently neutral.
What is the MACD signal for DHC stock?
The MACD indicator for DIVERSIFIED HEALTHCARE TRUST (DHC) has a value of -0.0494786, indicating a bearish trend.
What is the short term momentum for DHC stock?
The short term momentum for DIVERSIFIED HEALTHCARE TRUST (DHC) is positive.