Overall HCSG gets a technical rating of 10 out of 10. Both in the recent history as in the last year, HCSG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, HCSG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. We notice that large players showed an interest for HCSG in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
9.22
We found 3 important support areas.
- A support zone ranging from 18.15 to 18.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 17.02 to 17.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.31 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @18.88 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 19.23 to 19.23. 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 | UP | POSITIVE | The short term trend for HCSG is up. |
| ChartMill Relative Strength | 89.46 | POSITIVE | HCSG has a high relative strength, it outperformed 89.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HCSG is above 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) | 58.3 | NEUTRAL | The RSI value for HCSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests HCSG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 62.3 | NEUTRAL | The Stochastics value for HCSG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for HCSG suggests some volalility. |
| Average Directional Index/ADX (14) | 24.08 | NEUTRAL | The ADX value for HCSG suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 18.89 | 18.14 | 0.75 (3.97%) | 25.00% |
| An entry @18.89. This is a Buy Stop order right above the resistance zone. | An exit @18.14. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.75 points, which is 3.97%. | For a 0.99% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HCSG. Please evaluate whether better entry and exit points can be found.
- 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.
18.71
+0.3 (+1.63%)
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.
What is the trend direction for HCSG stock?
The current trend direction for HEALTHCARE SERVICES GROUP (HCSG) is Bullish.
What is the RSI signal for HCSG stock?
HEALTHCARE SERVICES GROUP (HCSG) has an RSI value of 58.2992. 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 -0.0259953, indicating a bearish trend.
What is the support and resistance level for HCSG stock?
HEALTHCARE SERVICES GROUP (HCSG) has a support level at 18.18 and a resistance level at 18.88. Check the full technical report for our detailed analysis of HCSG support and resistance levels.