HEALTHCARE SERVICES GROUP (HCSG) Technical Analysis
NASDAQ:HCSG • US4219061086
Current stock price
HCSG Technical Rating and Analysis
Taking everything into account, HCSG scores 7 out of 10 in our technical rating. In the last year, HCSG was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month HCSG has a been trading in the 18.75 - 22.39 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, HCSG did better than 90% of all other stocks. On top of that, HCSG also shows a nice and consistent pattern of rising prices.
- HCSG is part of the Commercial Services & Supplies industry. There are 82 other stocks in this industry. HCSG outperforms 93% of them.
- HCSG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so HCSG is performing more or less in line with the market.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- Volume is considerably higher in the last couple of days.
HCSG Weekly and Daily overview Charts
HCSG Setup Rating and Analysis
Besides having an excellent technical rating, HCSG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 18.97, a Stop Loss order could be placed below this zone.
More info and screens
HCSG Support and Resistance Analysis
17.09
3 important support areas can be observed.
- A support zone ranging from 18.79 to 18.97. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @17.94 from a trend 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.
When analyzing the resistance we notice one important 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.
HCSG 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 HCSG is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HCSG is down. |
| ChartMill Relative Strength | 90.88 | POSITIVE | HCSG has a high relative strength, it outperformed 90.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HCSG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HCSG is below 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) | 42.89 | NEUTRAL | The RSI value for HCSG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests HCSG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.37 | OVERSOLD | The low Stochastics value suggests HCSG may be oversold. |
| Average True Range in percent/ATR (20) | 3.77 | MEDIUM VOLATILITY | The ATR as a percentage value for HCSG suggests some volalility. |
| Average Directional Index/ADX (14) | 20.43 | NEUTRAL | The ADX value for HCSG suggests a possible start of a new trend. |
HCSG Chart- and CandleStick Pattern Analysis
HCSG 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 |
|---|---|---|---|
| 19.56 | 18.78 | 0.78 (4.00%) | 25.00% |
| An entry @19.56. This is a Buy Stop order right above the 10 day moving average. | An exit @18.78. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.78 points, which is 4.00%. | For a 1.00% 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.
HCSG Technicals: Chart, Performance Metrics, Trend & Indicators
19.38
-0.15 (-0.77%)
HEALTHCARE SERVICES GROUP / HCSG TA FAQ
What is the ChartMill technical rating of HEALTHCARE SERVICES GROUP (HCSG) stock?
ChartMill assigns a technical rating of 7 / 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 42.8927. 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 -0.171238, 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 negative.