ABRDN HEALTHCARE INVESTORS (HQH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HQH - US87911J1034
Taking everything into account, HQH scores 7 out of 10 in our technical rating. In the last year, HQH was one of the better performers, but we do observe some doubts in the very recent evolution.
Although HQH has an excellent technical rating, it does not present a decent entry opportunity 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
15.05
6 important support areas can be observed.
- Support @19.25 from a horizontal line in the weekly time frame.
- A support zone ranging from 18.25 to 18.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.76 to 17.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.92 from a trend line in the daily time frame.
- A support zone ranging from 16.31 to 16.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.20 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.69 to 19.69. 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 | UP | POSITIVE | The long term trend for HQH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HQH is neutral. |
| ChartMill Relative Strength | 81.83 | POSITIVE | HQH has a high relative strength, it outperformed 81.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HQH is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HQH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HQH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.7 | NEUTRAL | The RSI value for HQH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests HQH has a positive trend. |
| Stochastics (14,3) | 84.83 | OVERBOUGHT | The high Stochastics value suggests HQH may be overbought. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for HQH suggests some volalility. |
| Average Directional Index/ADX (14) | 18.08 | NEGATIVE | The low ADX value for HQH suggests a weak or negative trend. |
19.38
+0.25 (+1.31%)
ABRDN HEALTHCARE INVESTORS / HQH FAQ
What is the ChartMill technical rating of ABRDN HEALTHCARE INVESTORS (HQH) stock?
ChartMill assigns a technical rating of 7 / 10 to HQH.
Can you provide the trend direction for ABRDN HEALTHCARE INVESTORS?
The current trend direction for ABRDN HEALTHCARE INVESTORS (HQH) is Bullish.
What is the RSI signal for HQH stock?
ABRDN HEALTHCARE INVESTORS (HQH) has an RSI value of 60.7042. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ABRDN HEALTHCARE INVESTORS?
The short term momentum for ABRDN HEALTHCARE INVESTORS (HQH) is neutral.