HEALTHCARE SERVICES GROUP (HCSG) Stock Technical Analysis
USA - NASDAQ:HCSG - US4219061086 - Common Stock
Overall HCSG gets a technical rating of 9 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.
HCSG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 16.46, a Stop Loss order could be placed below this zone.
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9.22
4 important support areas can be observed.
- A support zone ranging from 16.31 to 16.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.56 from a horizontal line in the daily time frame.
- A support zone ranging from 15.18 to 15.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.31 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @19.23 from a horizontal line 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 | 89.43 | POSITIVE | HCSG has a high relative strength, it outperformed 89.43% 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) | 49.11 | NEUTRAL | The RSI value for HCSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests HCSG has a negative trend. |
| Stochastics (14,3) | 13.86 | OVERSOLD | The low Stochastics value suggests HCSG may be oversold. |
| Average True Range in percent/ATR (20) | 4.16 | MEDIUM VOLATILITY | The ATR as a percentage value for HCSG suggests some volalility. |
| Average Directional Index/ADX (14) | 29.88 | POSITIVE | The high ADX value value for HCSG suggests a strong 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 |
|---|---|---|---|
| 17.65 | 17.13 | 0.52 (2.92%) | 25.00% |
| An entry @17.65. This is a Buy Stop order right above the 10 day moving average. | An exit @17.13. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.52 points, which is 2.92%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.73%. |
- 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.
17.35
+0.02 (+0.09%)
HEALTHCARE SERVICES GROUP / HCSG FAQ
What is the ChartMill technical rating of HEALTHCARE SERVICES GROUP (HCSG) stock?
ChartMill assigns a technical rating of 9 / 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 49.1073. 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 -0.156519, indicating a bearish trend.
What is the support and resistance level for HCSG stock?
HEALTHCARE SERVICES GROUP (HCSG) has a support level at 16.46 and a resistance level at 19.23. Check the full technical report for our detailed analysis of HCSG support and resistance levels.