ENHABIT INC (EHAB) Stock Technical Analysis
NYSE:EHAB - US29332G1022 - Common Stock
7.88 USD
-0.04 (-0.51%)
7.88 USD
0 (0%)
We assign a technical rating of 2 out of 10 to EHAB. Recently some decent action could be observed, but in the medium term time frame this is still negative. EHAB was also a bad performer in the overall market in the last year.
88% of all other stocks performed better in the past year than EHAB.
EHAB is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry, of which 62% are performing better than EHAB.
EHAB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
EHAB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EHAB is lagging the market.
Although the technical rating is bad, EHAB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. 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
7.79
10.75
We found 1 important support area.
- A support zone ranging from 7.87 to 7.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 7.94 to 8.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.20 to 8.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.64 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for EHAB is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EHAB is up. |
| ChartMill Relative Strength | 12.46 | NEGATIVE | EHAB has a low relative strength, it was outperformed by 87.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EHAB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EHAB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EHAB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.57 | NEUTRAL | The RSI value for EHAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests EHAB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.35 | NEUTRAL | The Stochastics value for EHAB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for EHAB suggests some volalility. |
| Average Directional Index/ADX (14) | 33.08 | POSITIVE | The high ADX value value for EHAB 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)
7.88
-0.04 (-0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.51%
1 Week-3.79%
2 Weeks4.23%
1 Month20.86%
3 Month-24.95%
6 Month-5.85%
12 Month-6.64%
2 Year-38.49%
3 Year-52.53%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%3.96%
ATR Inc-52.93%
Range Today0.11
ADR(20)0.28
ADR(20)%3.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.46
Mansfield-1.21
10 Day High8.29
10 Day Low7.59
20 Day High8.29
20 Day Low6.47
52 Week High10.91
52 Week Low6.47
CS1 End7.87
CR1 Start7.94
Volume & EV
DER(3)-2.31%
DER(5)-2.95%
Volume282.20K
Volume Incr-44.5%
Vol(5)328.28K
Vol(50)686.14K