DIVERSIFIED HEALTHCARE TRUST (DHC) Stock Technical Analysis
NASDAQ:DHC • US25525P1075
Taking everything into account, DHC scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, DHC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that DHC is one of the better performing stocks in the market, outperforming 96% 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 100% of them.
- DHC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DHC is lagging the market slightly.
- DHC has an average volume of 1611890 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 5.52 - 6.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
DHC 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. There is very little resistance above the current price. There is a support zone below the current price at 6.23, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
5.23
We found 3 important support areas.
- A support zone ranging from 6.22 to 6.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.45 from a trend line in the weekly time frame.
- Support @5.28 from a trend 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 | 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 | 96.13 | POSITIVE | DHC has a high relative strength, it outperformed 96.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DHC is above 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) | 56.94 | NEUTRAL | The RSI value for DHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DHC has a negative trend. |
| Stochastics (14,3) | 62.31 | NEUTRAL | The Stochastics value for DHC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for DHC suggests some volalility. |
| Average Directional Index/ADX (14) | 45.46 | POSITIVE | The high ADX value value for DHC suggests a strong trend. |
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 |
|---|---|---|---|
| 6.43 | 6.21 | 0.22 (3.41%) | 25.00% |
| An entry @6.43. This is a Buy Stop order right above the 10 day moving average. | An exit @6.21. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.22 points, which is 3.41%. | For a 0.85% 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 DHC. 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.
6.24
-0.12 (-1.89%)
DIVERSIFIED HEALTHCARE TRUST / DHC 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 56.9359. 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 -0.0133561, indicating a bearish trend.
What is the short term momentum for DHC stock?
The short term momentum for DIVERSIFIED HEALTHCARE TRUST (DHC) is positive.