HEALTHCARE SERVICES GROUP (HCSG) Stock Technical Analysis
NASDAQ:HCSG - Nasdaq - US4219061086 - Common Stock - Currency: USD
Taking everything into account, HCSG scores 9 out of 10 in our technical rating. 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.
Both the short term and long term trends are positive. This is a very positive sign.
HCSG is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 84% of 83 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.
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. However, this overall good ranking is mostly due to the recent strong move.
In the last month HCSG has a been trading in the 14.03 - 15.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although HCSG has an excellent technical rating, the quality of the presented setup is not ideal 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
9.22
15.30
When analyzing the support we can see 3 important areas.
- A support zone ranging from 13.84 to 14.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.53 from a horizontal line in the weekly time frame.
- Support @9.31 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @15.15 from a horizontal line in the weekly 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 | 90.02 | POSITIVE | HCSG has a high relative strength, it outperformed 90.02% 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) | 60.27 | NEUTRAL | The RSI value for HCSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests HCSG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.78 | NEUTRAL | The Stochastics value for HCSG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for HCSG suggests some volalility. |
| Average Directional Index/ADX (14) | 34.53 | POSITIVE | The high ADX value value for HCSG suggests a strong 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)
15.14
+0.21 (+1.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg1.37%
1 Week1.61%
2 Weeks4.85%
1 Month6.25%
3 Month50.35%
6 Month28.74%
12 Month41.5%
2 Year20.06%
3 Year5.58%
5 Year-42.19%
10 Year-56.63%
15 Year1.66%
Volatility
ATR(14)0.41
ATR(20)%2.47%
ATR Inc43.27%
Range Today0.39
ADR(20)0.36
ADR(20)%2.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.02
Mansfield1.9
10 Day High15.73
10 Day Low14.09
20 Day High15.73
20 Day Low14.03
52 Week High15.73
52 Week Low9.13
CS1 End14.8
CR1 Start14.94
Volume & EV
DER(3)0.86%
DER(5)0.66%
Volume293.10K
Volume Incr25.6%
Vol(5)853.56K
Vol(50)784.67K