ABRDN HEALTHCARE INVESTORS (HQH) Stock Technical Analysis
NYSE:HQH - US87911J1034
16.83 USD
+0.17 (+1.02%)
16.83 USD
0 (0%)
Taking everything into account, HQH scores 7 out of 10 in our technical rating. Although HQH is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
76% of all other stocks performed better in the past year than HQH.
Both the short term and long term trends are positive. This is a very positive sign.
HQH is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
HQH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HQH is lagging the market.
HQH has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 16.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.78, a Stop Loss order could be placed below this zone.
More info and screens
14.71
19.44
4 important support areas can be observed.
- A support zone ranging from 16.59 to 16.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 15.60 to 16.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.14 to 15.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @14.86 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 16.84 to 16.94. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @19.25 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 HQH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HQH is up. |
| ChartMill Relative Strength | 24.9 | NEGATIVE | HQH has a low relative strength, it was outperformed by 75.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HQH is above the rising 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) | DOWN | MIXED | The current price of HQH is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.47 | NEUTRAL | The RSI value for HQH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests HQH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.38 | NEUTRAL | The Stochastics value for HQH is a neutral value. |
| Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for HQH suggests low volalility. |
| Average Directional Index/ADX (14) | 24 | NEUTRAL | The ADX value for HQH suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 16.95 | 16.58 | 0.37 (2.18%) | 25.00% |
| An entry @16.95. This is a Buy Stop order right above the resistance zone. | An exit @16.58. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.37 points, which is 2.18%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.55%. |
- 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.
16.83
+0.17 (+1.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.02%
1 Week0.6%
2 Weeks2.81%
1 Month4.15%
3 Month7.75%
6 Month1.51%
12 Month-11.19%
2 Year8.23%
3 Year-2.6%
5 Year-18.38%
10 Year-39.02%
15 Year39.32%
Volatility
ATR(14)0.23
ATR(20)%1.33%
ATR Inc-5.66%
Range Today0.16
ADR(20)0.21
ADR(20)%1.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.9
Mansfield-0.93
10 Day High16.98
10 Day Low16.3
20 Day High16.98
20 Day Low16.01
52 Week High19.24
52 Week Low13.77
CS1 End16.78
CR1 Start16.84
Volume & EV
DER(3)2.36%
DER(5)1.94%
Volume102.80K
Volume Incr-37.07%
Vol(5)133.78K
Vol(50)211.30K