ENCOMPASS HEALTH CORP (EHC) Stock Technical Analysis
NYSE:EHC - New York Stock Exchange, Inc. - US29261A1007 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to EHC. In the last year, EHC was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
EHC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
EHC is part of the Health Care Providers & Services industry. There are 103 other stocks in this industry. EHC outperforms 77% of them.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the performance of all stocks over the past year, EHC turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
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.
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
92.49
123.86
6 important support areas can be observed.
- Support @109.99 from a horizontal line in the weekly time frame.
- A support zone ranging from 107.28 to 108.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @104.47 from a trend line in the weekly time frame.
- Support @99.19 from a trend line in the daily time frame.
- Support @97.35 from a trend line in the weekly time frame.
- Support @93.42 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 121.73 to 122.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for EHC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EHC is down. |
| ChartMill Relative Strength | 60.57 | 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 | POSITIVE | The current price of EHC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.17 | NEUTRAL | The RSI value for EHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.16 | NEGATIVE | The MACD value suggests EHC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.56 | NEUTRAL | The Stochastics value for EHC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for EHC suggests some volalility. |
| Average Directional Index/ADX (14) | 29.48 | POSITIVE | The high ADX value value for EHC 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)
110
-0.01 (-0.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.01%
1 Week-8.08%
2 Weeks-7.86%
1 Month-7.7%
3 Month-2.97%
6 Month15%
12 Month20.07%
2 Year66.59%
3 Year117.31%
5 Year61.57%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.1
ATR(20)%2.41%
ATR Inc-48.04%
Range Today1.38
ADR(20)2.6
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.57
Mansfield-0.06
10 Day High120.15
10 Day Low105.7
20 Day High123
20 Day Low105.7
52 Week High123.13
52 Week Low82.74
CS1 End109.99
CR1 Start121.73
Volume & EV
DER(3)-0.67%
DER(5)0.32%
Volume648.80K
Volume Incr118.91%
Vol(5)1.63M
Vol(50)791.61K