HEALTHCARE SERVICES GROUP (HCSG) Technical Analysis
NASDAQ:HCSG • US4219061086
Overall HCSG gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HCSG is showing a nice and steady performance.
- In the last month HCSG has a been trading in the 19.68 - 22.98 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that HCSG is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, HCSG also shows a nice and consistent pattern of rising prices.
- HCSG is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 92% of 82 stocks in the same industry.
- HCSG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HCSG is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
Although HCSG has an excellent technical rating, it does not offer a high 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
17.09
3 important support areas can be observed.
- A support zone ranging from 19.20 to 19.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.79 from a horizontal line in the daily time frame.
- A support zone ranging from 17.26 to 17.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 22.28 to 22.28. This zone is formed by a combination of multiple trend lines 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 HCSG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HCSG is neutral. |
| ChartMill Relative Strength | 90.39 | POSITIVE | HCSG has a high relative strength, it outperformed 90.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HCSG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HCSG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HCSG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.41 | NEUTRAL | The RSI value for HCSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests HCSG has a negative trend. |
| Stochastics (14,3) | 18.81 | OVERSOLD | The low Stochastics value suggests HCSG may be oversold. |
| Average True Range in percent/ATR (20) | 4.67 | MEDIUM VOLATILITY | The ATR as a percentage value for HCSG suggests some volalility. |
| Average Directional Index/ADX (14) | 23.63 | NEUTRAL | The ADX value for HCSG suggests a possible start of a new trend. |
HCSG Technicals: Chart, Performance Metrics, Trend & Indicators
20.04
-0.1 (-0.5%)
HEALTHCARE SERVICES GROUP / HCSG FAQ
What is the ChartMill technical rating of HEALTHCARE SERVICES GROUP (HCSG) stock?
ChartMill assigns a technical rating of 10 / 10 to HCSG.
Can you provide the trend direction for HEALTHCARE SERVICES GROUP?
The current trend direction for HEALTHCARE SERVICES GROUP (HCSG) is Bullish.
Can you provide the RSI signal for HEALTHCARE SERVICES GROUP?
HEALTHCARE SERVICES GROUP (HCSG) has an RSI value of 44.4138. This indicates that the stock is currently neutral.
What is the MACD signal for HCSG stock?
The MACD indicator for HEALTHCARE SERVICES GROUP (HCSG) has a value of -0.218249, indicating a bearish trend.
Can you provide the short term momentum for HEALTHCARE SERVICES GROUP?
The short term momentum for HEALTHCARE SERVICES GROUP (HCSG) is neutral.