Global Healthcare Inc and Grwth Fd (HIG-UN.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:HIG-UN -
Overall HIG-UN gets a technical rating of 0 out of 10. HIG-UN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of HIG-UN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
8.10
When analyzing the support we notice one important area.
- A support zone ranging from 8.18 to 8.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 8.72 to 8.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.18 to 9.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for HIG-UN.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HIG-UN.CA is down. |
| ChartMill Relative Strength | 35.23 | NEUTRAL | HIG-UN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HIG-UN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HIG-UN.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HIG-UN.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.8 | OVERSOLD | The low RSI value suggests HIG-UN.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests HIG-UN.CA has a negative trend. |
| Stochastics (14,3) | 0.57 | OVERSOLD | The low Stochastics value suggests HIG-UN.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for HIG-UN.CA suggests some volalility. |
Global Healthcare Inc and Grwth Fd
TSX:HIG-UN (4/2/2018, 9:23:09 PM)
8.19
-0.11 (-1.33%)
Global Healthcare Inc and Grwth Fd / HIG-UN.CA FAQ
What is the ChartMill technical rating of Global Healthcare Inc and Grwth Fd (HIG-UN.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to HIG-UN.CA.
Can you provide the trend direction for Global Healthcare Inc and Grwth Fd?
The current trend direction for Global Healthcare Inc and Grwth Fd (HIG-UN.CA) is Bearish.
Can you provide the RSI signal for Global Healthcare Inc and Grwth Fd?
Global Healthcare Inc and Grwth Fd (HIG-UN.CA) has an RSI value of 29.8046. This indicates that the stock is currently oversold.
Can you provide the buy/sell signal for Global Healthcare Inc and Grwth Fd?
The buy/sell signal for Global Healthcare Inc and Grwth Fd (HIG-UN.CA) is sell as both the short term and long term trends are negative.
What is the support and resistance level for HIG-UN stock?
Global Healthcare Inc and Grwth Fd (HIG-UN.CA) has a support level at 8.18 and a resistance level at 8.72. Check the full technical report for our detailed analysis of HIG-UN.CA support and resistance levels.