ENCOMPASS HEALTH CORP (EHC) Stock Technical Analysis
NYSE:EHC • US29261A1007
We assign a technical rating of 4 out of 10 to EHC. In the past year, EHC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, EHC is a bad performer in the overall market: 62% of all stocks are doing better.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- EHC has an average volume of 1287510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- EHC is an average performer in the Health Care Providers & Services industry, it outperforms 56% of 101 stocks in the same industry.
- EHC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so EHC is lagging the market.
- In the last month EHC has a been trading in the 92.77 - 115.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
EHC has only a medium technical rating, but it does show 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 110.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 107.47, a Stop Loss order could be placed below this zone.
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92.89
When analyzing the support we can see 2 important areas.
- A support zone ranging from 106.78 to 107.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 93.83 to 95.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 110.14 to 111.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @113.43 from a horizontal line in the daily time frame.
- Resistance @116.25 from a horizontal line in the daily time frame.
- Resistance @121.73 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 | NEUTRAL | NEUTRAL | The long term trend for EHC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EHC is up. |
| ChartMill Relative Strength | 38.17 | NEUTRAL | EHC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EHC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EHC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EHC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.39 | NEUTRAL | The RSI value for EHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests EHC has a positive trend. |
| Stochastics (14,3) | 39.26 | NEUTRAL | The Stochastics value for EHC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for EHC suggests some volalility. |
| Average Directional Index/ADX (14) | 36.13 | POSITIVE | The high ADX value value for EHC suggests a strong trend. |
107.88
+0.68 (+0.63%)
ENCOMPASS HEALTH CORP / EHC FAQ
What is the technical rating for EHC stock?
ChartMill assigns a technical rating of 4 / 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 57.3906. 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 positive.