ENCOMPASS HEALTH CORP (EHC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EHC - US29261A1007 - Common Stock
Overall EHC gets a technical rating of 1 out of 10. EHC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
EHC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 107.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 106.36, a Stop Loss order could be placed below this zone.
More info and screens
101.72
2 important support areas can be observed.
- A support zone ranging from 106.14 to 106.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @102.75 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 107.06 to 108.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 116.22 to 116.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @121.73 from a horizontal line in the daily time frame.
- Resistance @126.80 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 | DOWN | NEGATIVE | The long term trend for EHC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EHC is down. |
| ChartMill Relative Strength | 44.94 | NEUTRAL | EHC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EHC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EHC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of EHC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.13 | NEUTRAL | The RSI value for EHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests EHC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.92 | NEUTRAL | The Stochastics value for EHC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for EHC suggests low volalility. |
| Average Directional Index/ADX (14) | 34.62 | POSITIVE | The high ADX value value for EHC suggests a strong trend. |
106.37
-1.4 (-1.3%)
ENCOMPASS HEALTH CORP / EHC FAQ
What is the technical rating for EHC stock?
ChartMill assigns a technical rating of 1 / 10 to EHC.
What is the trend direction for EHC stock?
The current trend direction for ENCOMPASS HEALTH CORP (EHC) is Bearish.
Can you provide the RSI signal for ENCOMPASS HEALTH CORP?
ENCOMPASS HEALTH CORP (EHC) has an RSI value of 37.1274. This indicates that the stock is currently neutral.
What is the short term momentum for ENCOMPASS HEALTH CORP (EHC) stock?
The short term momentum for ENCOMPASS HEALTH CORP (EHC) is negative.
Can you provide the buy/sell signal for ENCOMPASS HEALTH CORP?
The buy/sell signal for ENCOMPASS HEALTH CORP (EHC) is sell as both the short term and long term trends are negative.