ABRDN HEALTHCARE INVESTORS (HQH) Stock Technical Analysis
NYSE:HQH - New York Stock Exchange, Inc. - US87911J1034 - Currency: USD
Overall HQH gets a technical rating of 2 out of 10. In the past year, HQH was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, HQH is a bad performer in the overall market: 77% of all stocks are doing better.
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.
In the last month HQH has a been trading in the 15.09 - 16.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, HQH does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 15.52, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
14.70
18.92
We found 2 important support areas.
- A support zone ranging from 15.20 to 15.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.85 from a horizontal line in the weekly time frame.
We can see 5 important resistance areas.
- Resistance @15.80 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 16.32 to 16.32. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @17.07 from a trend line in the weekly time frame.
- Resistance @17.65 from a trend line in the daily time frame.
- Resistance @18.73 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for HQH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HQH is neutral. |
| ChartMill Relative Strength | 23.98 | NEGATIVE | HQH has a low relative strength, it was outperformed by 76.02% 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 | NEGATIVE | The current price of HQH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.38 | NEUTRAL | The RSI value for HQH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests HQH has a positive trend. |
| Stochastics (14,3) | 64.27 | NEUTRAL | The Stochastics value for HQH is a neutral value. |
| Average True Range in percent/ATR (20) | 1.63 | LOW VOLATILITY | The low ATR as a percentage value for HQH suggests low volalility. |
| Average Directional Index/ADX (14) | 11.54 | NEGATIVE | The low ADX value for HQH suggests a weak or negative 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)
15.79
+0.06 (+0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.38%
1 Week1.87%
2 Weeks3.07%
1 Month2.33%
3 Month6.26%
6 Month-4.59%
12 Month-9.25%
2 Year-7.44%
3 Year-18.27%
5 Year-25.06%
10 Year-56.9%
15 Year36.95%
Volatility
ATR(14)0.26
ATR(20)%1.63%
ATR Inc42.79%
Range Today0.29
ADR(20)0.24
ADR(20)%1.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.98
Mansfield-1.48
10 Day High15.89
10 Day Low15.09
20 Day High16.04
20 Day Low15.09
52 Week High19.79
52 Week Low13.77
CS1 End15.52
CR1 Start15.59
Volume & EV
DER(3)2.86%
DER(5)-1.67%
Volume287.10K
Volume Incr11.36%
Vol(5)198.50K
Vol(50)209.00K