Taking everything into account, HSIC scores 8 out of 10 in our technical rating. Although HSIC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although HSIC 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.
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62.07
3 important support areas can be observed.
- A support zone ranging from 73.47 to 74.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 69.03 to 70.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @62.70 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 79.86 to 80.00. This zone is formed by a combination of multiple trend lines 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 HSIC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HSIC is up. |
| ChartMill Relative Strength | 61.65 | 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) | 66.74 | NEUTRAL | The RSI value for HSIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests HSIC has a positive trend. |
| Stochastics (14,3) | 85.99 | OVERBOUGHT | The high Stochastics value suggests HSIC may be overbought. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for HSIC suggests some volalility. |
| Average Directional Index/ADX (14) | 25.46 | POSITIVE | The high ADX value value for HSIC suggests a strong trend. |
76.55
+0.31 (+0.41%)
HENRY SCHEIN INC / HSIC FAQ
Can you provide the ChartMill technical rating for HENRY SCHEIN INC?
ChartMill assigns a technical rating of 8 / 10 to HSIC.
Can you provide the trend direction for HENRY SCHEIN INC?
The current trend direction for HENRY SCHEIN INC (HSIC) is Bullish.
Can you provide the RSI signal for HENRY SCHEIN INC?
HENRY SCHEIN INC (HSIC) has an RSI value of 66.7427. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HENRY SCHEIN INC?
The MACD indicator for HENRY SCHEIN INC (HSIC) has a value of 0.0757712, indicating a bearish trend.
What is the buy/sell signal for HSIC stock?
The buy/sell signal for HENRY SCHEIN INC (HSIC) is buy as both the short term and long term trends are positive.