We assign a technical rating of 8 out of 10 to HSIC. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HSIC is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- HSIC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HSIC is lagging the market slightly.
- In the last month HSIC has a been trading in the 74.07 - 80.10 range, which is quite wide. It is currently trading near the high of this range.
- HSIC has an average volume of 1285380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, HSIC did better than 78% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- HSIC is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry, HSIC did better than 68% of them.
Although HSIC has an excellent technical rating, the quality of the presented setup is not ideal 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
62.07
We found 3 important support areas.
- A support zone ranging from 74.60 to 77.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @69.56 from a horizontal line in the daily time frame.
- Support @62.70 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 | 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 | 78.95 | POSITIVE | HSIC has a high relative strength, it outperformed 78.95% off all stocks 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) | 65.11 | NEUTRAL | The RSI value for HSIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests HSIC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 67.35 | NEUTRAL | The Stochastics value for HSIC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for HSIC suggests some volalility. |
| Average Directional Index/ADX (14) | 23.38 | NEUTRAL | The ADX value for HSIC suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 80.11 | 74.06 | 6.05 (7.55%) | 13.24% |
| An entry @80.11. This is a Buy Stop order right above the 10 day high. | An exit @74.06. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 6.05 points, which is 7.55%. | For a 1.00% total portfolio risk, you can invest 13.24% of your capital in this trade. |
- 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.
79.98
+1.9 (+2.43%)
HENRY SCHEIN INC / HSIC FAQ
What is the ChartMill technical rating of HENRY SCHEIN INC (HSIC) stock?
ChartMill assigns a technical rating of 8 / 10 to HSIC.
What is the current trend direction of HENRY SCHEIN INC (HSIC) stock?
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 65.1119. This indicates that the stock is currently neutral.
What is the MACD signal for HENRY SCHEIN INC (HSIC) stock?
The MACD indicator for HENRY SCHEIN INC (HSIC) has a value of -0.059007, indicating a bearish trend.
Can you provide the support and resistance levels for HENRY SCHEIN INC?
HENRY SCHEIN INC (HSIC) has a support level at 77.81. Check the full technical report for our detailed analysis of HSIC support and resistance levels.