HENRY SCHEIN INC (HSIC) Technical Analysis
NASDAQ:HSIC • US8064071025
Current stock price
HSIC Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to HSIC. In the last year, HSIC was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month HSIC has a been trading in the 71.31 - 79.96 range, which is quite wide. It is currently trading near the high of this range.
- HSIC has an average volume of 1349470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, HSIC outperforms 52% of them, which is more or less in line with the market.
- HSIC is an average performer in the Health Care Providers & Services industry, it outperforms 64% of 100 stocks in the same industry.
- HSIC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HSIC is lagging the market.
- Considerably lower volume is observed in the last couple of days.
HSIC Weekly and Daily overview Charts
HSIC Setup Rating and Analysis
HSIC has an average technical rating and it also does not offer a high quality setup 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
HSIC Support and Resistance Analysis
63.46
4 important support areas can be observed.
- A support zone ranging from 76.01 to 77.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 72.10 to 73.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @70.60 from a horizontal line in the daily time frame.
- Support @64.10 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @80.00 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 82.39 to 83.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
HSIC Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for HSIC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HSIC is up. |
| ChartMill Relative Strength | 52.61 | NEUTRAL | HSIC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HSIC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HSIC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HSIC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.24 | NEUTRAL | The RSI value for HSIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.64 | POSITIVE | The MACD value suggests HSIC has a positive trend. |
| Stochastics (14,3) | 88.79 | OVERBOUGHT | The high Stochastics value suggests HSIC may be overbought. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for HSIC suggests some volalility. |
| Average Directional Index/ADX (14) | 10.46 | NEGATIVE | The low ADX value for HSIC suggests a weak or negative trend. |
HSIC Chart- and CandleStick Pattern Analysis
HSIC Technicals: Chart, Performance Metrics, Trend & Indicators
78.83
+1.62 (+2.1%)
HENRY SCHEIN INC / HSIC TA FAQ
What is the ChartMill technical rating of HENRY SCHEIN INC (HSIC) stock?
ChartMill assigns a technical rating of 6 / 10 to HSIC.
What is the trend direction for HSIC stock?
The current trend direction for HENRY SCHEIN INC (HSIC) is Bearish.
What is the RSI signal for HSIC stock?
HENRY SCHEIN INC (HSIC) has an RSI value of 63.2414. This indicates that the stock is currently neutral.
What is the support and resistance level for HSIC stock?
HENRY SCHEIN INC (HSIC) has a support level at 77 and a resistance level at 80. Check the full technical report for our detailed analysis of HSIC support and resistance levels.