DIVERSIFIED HEALTHCARE TRUST (DHC) Technical Analysis
NASDAQ:DHC • US25525P1075
Current stock price
DHC Technical Rating and Analysis
We assign a technical rating of 10 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!
- 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. We also observe that the gains produced by DHC over the past year are nicely spread over this period.
- 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 2114300 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 6.46 - 7.55 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
Besides having an excellent technical rating, DHC also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 6.95, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DHC in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
DHC Support and Resistance Analysis
5.76
4 important support areas can be observed.
- A support zone ranging from 6.89 to 6.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 6.57 to 6.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.04 from a trend line in the weekly time frame.
- Support @5.82 from a trend line in the daily time frame.
We found 1 important resistance area.
- 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 | 96.7 | POSITIVE | DHC has a high relative strength, it outperformed 96.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DHC is above 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) | UP | POSITIVE | The current price of DHC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.19 | NEUTRAL | The RSI value for DHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DHC has a positive trend. |
| Stochastics (14,3) | 79.65 | NEUTRAL | The Stochastics value for DHC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for DHC suggests some volalility. |
| Average Directional Index/ADX (14) | 15.72 | NEGATIVE | The low ADX value for DHC suggests a weak or negative trend. |
DHC Chart- and CandleStick Pattern Analysis
DHC Example Setup
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 |
|---|---|---|---|
| 7.57 | 6.88 | 0.69 (9.11%) | 10.97% |
| An entry @7.57. This is a Buy Stop order right above the resistance zone. | An exit @6.88. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.69 points, which is 9.11%. | For a 1.00% total portfolio risk, you can invest 10.97% of your capital in this trade. |
- 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.
DHC Technicals: Chart, Performance Metrics, Trend & Indicators
7.14
+0.01 (+0.14%)
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.
What is the current trend direction of DIVERSIFIED HEALTHCARE TRUST (DHC) stock?
The current trend direction for DIVERSIFIED HEALTHCARE TRUST (DHC) is Bullish.
Can you provide the RSI signal for DIVERSIFIED HEALTHCARE TRUST?
DIVERSIFIED HEALTHCARE TRUST (DHC) has an RSI value of 57.191. This indicates that the stock is currently neutral.
What is the buy/sell signal for DIVERSIFIED HEALTHCARE TRUST (DHC) stock?
The buy/sell signal for DIVERSIFIED HEALTHCARE TRUST (DHC) is buy as both the short term and long term trends are positive.
What is the support and resistance level for DHC stock?
DIVERSIFIED HEALTHCARE TRUST (DHC) has a support level at 6.95 and a resistance level at 7.56. Check the full technical report for our detailed analysis of DHC support and resistance levels.