HEALTHSOUTH CORP (HLS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HLS - US4219243098
We assign a technical rating of 9 out of 10 to HLS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HLS is showing a nice and steady performance.
Besides having an excellent technical rating, HLS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
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42.06
We found 4 important support areas.
- A support zone ranging from 49.14 to 49.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @45.81 from a trend line in the weekly time frame.
- Support @45.08 from a trend line in the weekly time frame.
- A support zone ranging from 42.48 to 42.64. 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 49.45 to 50.11. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for HLS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HLS is up. |
| ChartMill Relative Strength | 75.51 | POSITIVE | HLS has a high relative strength, it outperformed 75.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HLS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HLS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HLS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.24 | NEUTRAL | The RSI value for HLS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests HLS has a negative trend. |
| Stochastics (14,3) | 52.56 | NEUTRAL | The Stochastics value for HLS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for HLS suggests low volalility. |
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 |
|---|---|---|---|
| 50.12 | 49.13 | 0.99 (1.98%) | 25.00% |
| An entry @50.12. This is a Buy Stop order right above the resistance zone. | An exit @49.13. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.99 points, which is 1.98%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.49%. |
- The distance between exit and entry is rather small compared to the average daily movement of HLS. 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.
49.41
-0.15 (-0.3%)
HEALTHSOUTH CORP / HLS FAQ
Can you provide the ChartMill technical rating for HEALTHSOUTH CORP?
ChartMill assigns a technical rating of 9 / 10 to HLS.
What is the trend direction for HLS stock?
The current trend direction for HEALTHSOUTH CORP (HLS) is Bullish.
What is the RSI signal for HLS stock?
HEALTHSOUTH CORP (HLS) has an RSI value of 53.243. This indicates that the stock is currently neutral.
What is the buy/sell signal for HEALTHSOUTH CORP (HLS) stock?
The buy/sell signal for HEALTHSOUTH CORP (HLS) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for HEALTHSOUTH CORP?
HEALTHSOUTH CORP (HLS) has a support level at 49.36 and a resistance level at 49.45. Check the full technical report for our detailed analysis of HLS support and resistance levels.