ENHABIT INC (EHAB) Technical Analysis
NYSE:EHAB • US29332G1022
Current stock price
EHAB Technical Rating and Analysis
Taking everything into account, EHAB scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, EHAB has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, EHAB did better than 90% of all other stocks. We also observe that the gains produced by EHAB over the past year are nicely spread over this period.
- EHAB is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry. EHAB outperforms 89% of them.
- EHAB is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- EHAB has an average volume of 1756210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month EHAB has a been trading in a tight range between 13.62 and 14.22.
- Considerably lower volume is observed in the last couple of days.
EHAB Weekly and Daily overview Charts
EHAB Setup Rating and Analysis
Although EHAB has an excellent technical rating, it does not offer a high quality setup 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
EHAB Support and Resistance Analysis
9.57
We found 2 important support areas.
- A support zone ranging from 13.59 to 13.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.67 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.82 to 14.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
EHAB 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 EHAB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EHAB is up. |
| ChartMill Relative Strength | 90.55 | POSITIVE | EHAB has a high relative strength, it outperformed 90.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of EHAB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EHAB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EHAB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.49 | NEUTRAL | The RSI value for EHAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests EHAB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.25 | OVERSOLD | The low Stochastics value suggests EHAB may be oversold. |
| Average True Range in percent/ATR (20) | 0.68 | LOW VOLATILITY | The low ATR as a percentage value for EHAB suggests low volalility. |
| Average Directional Index/ADX (14) | 43.29 | POSITIVE | The high ADX value value for EHAB suggests a strong trend. |
EHAB Chart- and CandleStick Pattern Analysis
EHAB Technicals: Chart, Performance Metrics, Trend & Indicators
13.72
0 (0%)
ENHABIT INC / EHAB TA FAQ
What is the technical rating for EHAB stock?
ChartMill assigns a technical rating of 10 / 10 to EHAB.
What is the trend direction for EHAB stock?
The current trend direction for ENHABIT INC (EHAB) is Bullish.
What is the RSI signal for EHAB stock?
ENHABIT INC (EHAB) has an RSI value of 54.4867. This indicates that the stock is currently neutral.
What is the short term momentum for EHAB stock?
The short term momentum for ENHABIT INC (EHAB) is positive.
What are the support and resistance levels for ENHABIT INC (EHAB) stock?
ENHABIT INC (EHAB) has a support level at 13.71 and a resistance level at 13.82. Check the full technical report for our detailed analysis of EHAB support and resistance levels.