HCA HEALTHCARE INC (HCA) Stock Technical Analysis
NYSE:HCA - New York Stock Exchange, Inc. - US40412C1018 - Common Stock - Currency: USD
Overall HCA gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HCA is only an average performer.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
HCA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
HCA has an average volume of 1564850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, HCA did better than 78% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
HCA is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry, HCA did better than 63% of them.
HCA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HCA is lagging the market slightly.
Although HCA has an excellent technical rating, it does not present a decent entry opportunity 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
294.54
388.43
When analyzing the support we can see 5 important areas.
- Support @346.84 from a trend line in the weekly time frame.
- A support zone ranging from 317.60 to 327.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @312.38 from a horizontal line in the daily time frame.
- Support @305.11 from a horizontal line in the weekly time frame.
- Support @297.52 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 379.14 to 384.58. This zone is formed by a combination of multiple trend lines and important moving averages 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 HCA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HCA is neutral. |
| ChartMill Relative Strength | 78 | POSITIVE | HCA has a high relative strength, it outperformed 78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HCA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HCA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of HCA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.98 | NEUTRAL | The RSI value for HCA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.81 | NEGATIVE | The MACD value suggests HCA has a negative trend. |
| Stochastics (14,3) | 59.57 | NEUTRAL | The Stochastics value for HCA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for HCA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.15 | POSITIVE | The high ADX value value for HCA 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)
373.01
-11.33 (-2.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-2.95%
1 Week-2.39%
2 Weeks-0.95%
1 Month5.46%
3 Month16.79%
6 Month18.82%
12 Month10.53%
2 Year22.91%
3 Year121.95%
5 Year284.31%
10 Year311.17%
15 YearN/A
Volatility
ATR(14)7.44
ATR(20)%2.3%
ATR Inc191.41%
Range Today25.63
ADR(20)8.39
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78
Mansfield0.26
10 Day High386.56
10 Day Low356.24
20 Day High388.38
20 Day Low354.76
52 Week High417.14
52 Week Low289.98
CS1 End346.84
CR1 Start379.14
Volume & EV
DER(3)-0.2%
DER(5)-1.7%
Volume2.01M
Volume Incr-24.39%
Vol(5)1.17M
Vol(50)1.56M