HCA HEALTHCARE INC (HCA) Stock Technical Analysis
USA - NYSE:HCA - US40412C1018 - Common Stock
420.92 USD
+1.84 (+0.44%)
420 USD
-0.92 (-0.22%)
Overall HCA gets a technical rating of 8 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 long and short term trends are both positive. This is looking good!
A new 52 week high is currently being made by HCA, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month HCA has a been trading in the 385.58 - 422.96 range, which is quite wide. It is currently trading near the high of this range.
HCA has an average volume of 1355800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, HCA outperforms 67% of them, which is more or less in line with the market.
HCA is an average performer in the Health Care Providers & Services industry, it outperforms 65% of 101 stocks in the same industry.
Besides having an excellent technical rating, HCA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 420.93. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 409.07, a Stop Loss order could be placed below this zone.
More info and screens
302.06
425.14
When analyzing the support we can see 4 important areas.
- A support zone ranging from 390.15 to 409.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 343.50 to 344.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @327.92 from a horizontal line in the weekly time frame.
- Support @305.11 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 420.93 to 420.93. 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 HCA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HCA is up. |
| ChartMill Relative Strength | 67.8 | NEUTRAL | HCA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HCA is above 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) | UP | POSITIVE | The current price of HCA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.89 | NEUTRAL | The RSI value for HCA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.68 | POSITIVE | The MACD value suggests HCA has a positive trend. |
| Stochastics (14,3) | 91.17 | OVERBOUGHT | The high Stochastics value suggests HCA may be overbought. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for HCA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.7 | NEUTRAL | The ADX value for HCA suggests a possible start of a new 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 |
|---|---|---|---|
| 420.94 | 390.09 | 30.85 (7.33%) | 13.64% |
| An entry @420.94. This is a Buy Stop order right above the resistance zone. | An exit @390.09. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 30.85 points, which is 7.33%. | For a 1.00% total portfolio risk, you can invest 13.64% of your capital in this trade. |
- 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.
420.92
+1.84 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.44%
1 Week3.36%
2 Weeks4.4%
1 Month4.2%
3 Month11.77%
6 Month26.92%
12 Month6.81%
2 Year71.12%
3 Year129.02%
5 Year237.6%
10 Year444.11%
15 YearN/A
Volatility
ATR(14)10.45
ATR(20)%2.53%
ATR Inc-33.6%
Range Today7.03
ADR(20)10.44
ADR(20)%2.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.8
Mansfield0.73
10 Day High422.96
10 Day Low390.1
20 Day High422.96
20 Day Low385.59
52 Week High422.96
52 Week Low289.98
CS1 End409.07
CR1 Start420.93
Volume & EV
DER(3)-1.11%
DER(5)-1.58%
Volume894.70K
Volume Incr-29.77%
Vol(5)905.40K
Vol(50)1.36M