HCA HEALTHCARE INC (HCA) Technical Analysis
NYSE:HCA • US40412C1018
Current stock price
HCA Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to HCA. Both in the recent history as in the last year, HCA has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, HCA did better than 90% of all other stocks. We also observe that the gains produced by HCA over the past year are nicely spread over this period.
- HCA is part of the Health Care Providers & Services industry. There are 101 other stocks in this industry. HCA outperforms 82% of them.
- HCA is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so HCA is leading the market.
- 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 1119770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
HCA Weekly and Daily overview Charts
HCA Setup Rating and Analysis
Besides having an excellent technical rating, HCA also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 512.48, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
HCA Support and Resistance Analysis
302.06
When analyzing the support we can see 4 important areas.
- A support zone ranging from 503.82 to 512.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 459.30 to 469.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @371.10 from a trend 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 535.09 to 545.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
HCA Technical Indicator Signal Analysis
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 | 90.14 | POSITIVE | HCA has a high relative strength, it outperformed 90.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HCA is below a declining 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) | 54.23 | NEUTRAL | The RSI value for HCA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.14 | NEGATIVE | The MACD value suggests HCA has a negative trend. |
| Stochastics (14,3) | 40.75 | NEUTRAL | The Stochastics value for HCA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for HCA suggests some volalility. |
| Average Directional Index/ADX (14) | 37.96 | POSITIVE | The high ADX value value for HCA suggests a strong trend. |
HCA Chart- and CandleStick Pattern Analysis
HCA Example Setup
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 |
|---|---|---|---|
| 545.15 | 522.48 | 22.67 (4.16%) | 24.05% |
| An entry @545.15. This is a Buy Stop order right above the resistance zone. | An exit @522.48. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 22.67 points, which is 4.16%. | For a 1.00% total portfolio risk, you can invest 24.05% 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.
HCA Technicals: Chart, Performance Metrics, Trend & Indicators
532.97
+0.39 (+0.07%)
HCA HEALTHCARE INC / HCA TA FAQ
What is the technical rating for HCA stock?
ChartMill assigns a technical rating of 10 / 10 to HCA.
What is the current trend direction of HCA HEALTHCARE INC (HCA) stock?
The current trend direction for HCA HEALTHCARE INC (HCA) is Bullish.
What is the RSI signal for HCA stock?
HCA HEALTHCARE INC (HCA) has an RSI value of 54.2338. This indicates that the stock is currently neutral.
What is the MACD signal for HCA HEALTHCARE INC (HCA) stock?
The MACD indicator for HCA HEALTHCARE INC (HCA) has a value of -2.14353, indicating a bearish trend.
What is the short term momentum for HCA stock?
The short term momentum for HCA HEALTHCARE INC (HCA) is positive.