DIVERSIFIED HEALTHCARE TRUST (DHC) Stock Technical Analysis
NASDAQ:DHC - Nasdaq - US25525P1075 - REIT - Currency: USD
We assign a technical rating of 8 out of 10 to DHC. 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.
The long and short term trends are both positive. This is looking good!
DHC is one of the better performing stocks in the Diversified REITs industry, it outperforms 96% of 130 stocks in the same industry.
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 1001170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, DHC did better than 87% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month DHC has a been trading in the 3.50 - 3.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DHC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 3.79. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for DHC in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
2.02
3.83
We found 3 important support areas.
- Support @3.52 from a horizontal line in the daily time frame.
- Support @2.12 from a trend line in the weekly time frame.
- A support zone ranging from 2.04 to 2.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @3.79 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 | 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 | 87.74 | POSITIVE | DHC has a high relative strength, it outperformed 87.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DHC is below a declining 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) | DOWN | MIXED | The current price of DHC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.04 | NEUTRAL | The RSI value for DHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests DHC has a negative trend. |
| Stochastics (14,3) | 49.79 | NEUTRAL | The Stochastics value for DHC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.94 | MEDIUM VOLATILITY | The ATR as a percentage value for DHC suggests some volalility. |
| Average Directional Index/ADX (14) | 35.37 | POSITIVE | The high ADX value value for DHC 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 |
|---|---|---|---|
| 3.80 | 3.51 | 0.29 (7.63%) | 13.10% |
| An entry @3.80. This is a Buy Stop order right above the resistance zone. | An exit @3.51. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.29 points, which is 7.63%. | When investing 13.10% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
3.6
-0.11 (-2.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-2.96%
1 Week-5.26%
2 Weeks-2.96%
1 Month-0.28%
3 Month60%
6 Month75.61%
12 Month14.29%
2 Year72.25%
3 Year108.09%
5 Year-7.57%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%4.94%
ATR Inc-6.69%
Range Today0.19
ADR(20)0.18
ADR(20)%4.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.74
Mansfield1.3
10 Day High3.9
10 Day Low3.5
20 Day High3.9
20 Day Low3.5
52 Week High4.24
52 Week Low2
CS1 End3.52
CR1 Start3.79
Volume & EV
DER(3)-3.25%
DER(5)4.16%
Volume1.67M
Volume Incr12.88%
Vol(5)1.25M
Vol(50)1.00M