ENCOMPASS HEALTH CORP (EHC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:EHC - US29261A1007 - Common Stock
We assign a technical rating of 0 out of 10 to EHC. 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.
The technical rating of EHC is bad and it also does not present a 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
100.83
We found 2 important support areas.
- A support zone ranging from 106.40 to 106.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @101.85 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 110.73 to 112.31. 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 115.99 to 117.62. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 33.1 | 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) | 27.38 | OVERSOLD | The low RSI value suggests EHC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.53 | NEGATIVE | The MACD value suggests EHC has a negative trend. |
| Stochastics (14,3) | 8.82 | OVERSOLD | The low Stochastics value suggests EHC may be oversold. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for EHC suggests some volalility. |
| Average Directional Index/ADX (14) | 36.74 | POSITIVE | The high ADX value value for EHC suggests a strong trend. |
107
+0.15 (+0.14%)
ENCOMPASS HEALTH CORP / EHC FAQ
What is the technical rating for EHC stock?
ChartMill assigns a technical rating of 0 / 10 to EHC.
Can you provide the trend direction for ENCOMPASS HEALTH CORP?
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 27.3787. This indicates that the stock is currently oversold.
Can you provide the MACD signal for ENCOMPASS HEALTH CORP?
The MACD indicator for ENCOMPASS HEALTH CORP (EHC) has a value of -0.532484, indicating a bearish trend.
What is the buy/sell signal for ENCOMPASS HEALTH CORP (EHC) stock?
The buy/sell signal for ENCOMPASS HEALTH CORP (EHC) is sell as both the short term and long term trends are negative.