ENCOMPASS HEALTH CORP (EHC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EHC - US29261A1007 - Common Stock
Overall EHC gets a technical rating of 0 out of 10. EHC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
EHC has a poor technical rating and the quality of the setup is also not perfect 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
101.72
When analyzing the support we notice one important area.
- A support zone ranging from 102.75 to 102.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @108.78 from a horizontal line 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 | 29.82 | NEGATIVE | EHC has a low relative strength, it was outperformed by 70.18% off all stocks 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) | 27.67 | OVERSOLD | The low RSI value suggests EHC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests EHC has a negative trend. |
| Stochastics (14,3) | 26.23 | NEUTRAL | The Stochastics value for EHC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for EHC suggests low volalility. |
| Average Directional Index/ADX (14) | 35.33 | POSITIVE | The high ADX value value for EHC suggests a strong trend. |
102.93
-2.06 (-1.96%)
ENCOMPASS HEALTH CORP / EHC FAQ
What is the technical rating for EHC stock?
ChartMill assigns a technical rating of 0 / 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 27.6703. This indicates that the stock is currently oversold.
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.