FIDELITY MSCI HEALTH CARE (FHLC) Stock Technical Analysis
USA - NYSEARCA:FHLC - US3160926008 - ETF
66.2 USD
-0.75 (-1.12%)
65.9 USD
-0.3 (-0.45%)
Overall FHLC gets a technical rating of 7 out of 10. Although FHLC is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, FHLC is a bad performer in the overall market: 78% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
FHLC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FHLC is lagging the market.
In the last month FHLC has a been trading in a tight range between 64.57 and 67.11.
FHLC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 66.08, a Stop Loss order could be placed below this zone.
More info and screens
60.42
70.90
We found 2 important support areas.
- A support zone ranging from 64.36 to 66.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 61.03 to 62.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @70.20 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 | UP | POSITIVE | The long term trend for FHLC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FHLC is up. |
| ChartMill Relative Strength | 22.39 | NEGATIVE | FHLC has a low relative strength, it was outperformed by 77.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FHLC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FHLC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FHLC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.17 | NEUTRAL | The RSI value for FHLC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests FHLC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.83 | NEUTRAL | The Stochastics value for FHLC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.08 | LOW VOLATILITY | The low ATR as a percentage value for FHLC suggests low volalility. |
| Average Directional Index/ADX (14) | 18.82 | NEGATIVE | The low ADX value for FHLC suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 67.12 | 65.26 | 1.86 (2.77%) | 25.00% |
| An entry @67.12. This is a Buy Stop order right above the 10 day high. | An exit @65.26. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.86 points, which is 2.77%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.69%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
66.2
-0.75 (-1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.12%
1 Week-0.02%
2 Weeks1.41%
1 Month3.34%
3 Month2.67%
6 Month-2.62%
12 Month-10.2%
2 Year9.28%
3 Year14.83%
5 Year25.86%
10 Year108.18%
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%1.08%
ATR Inc54.54%
Range Today0.74
ADR(20)0.63
ADR(20)%0.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.39
Mansfield-1.07
10 Day High67.11
10 Day Low65.27
20 Day High67.11
20 Day Low64.57
52 Week High74.36
52 Week Low60.35
CS1 End66.08
CR1 Start70.2
Volume & EV
DER(3)-0.04%
DER(5)2.15%
Volume229.20K
Volume Incr-12.79%
Vol(5)142.52K
Vol(50)163.73K