HENRY SCHEIN INC (HSIC) Stock Technical Analysis
USA - NASDAQ:HSIC - US8064071025 - Common Stock
67.03 USD
+1 (+1.51%)
67.03 USD
0 (0%)
Overall HSIC gets a technical rating of 0 out of 10. HSIC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
80% of all other stocks performed better in the past year than HSIC.
HSIC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month HSIC has a been trading in the 65.20 - 70.69 range, which is quite wide. It is currently trading near the lows of this range.
HSIC has an average volume of 1750980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
HSIC is part of the Health Care Providers & Services industry. There are 101 other stocks in this industry, HSIC did better than 44% of them.
Although the technical rating is bad, HSIC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 66.77, a Stop Loss order could be placed below this zone.
More info and screens
62.07
80.66
We found 3 important support areas.
- A support zone ranging from 65.93 to 66.77. 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 64.10 to 64.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 62.70 to 63.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 67.50 to 68.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @70.13 from a trend line in the daily time frame.
- A resistance zone ranging from 71.52 to 72.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 73.66 to 74.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @79.86 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 | DOWN | NEGATIVE | The long term trend for HSIC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HSIC is down. |
| ChartMill Relative Strength | 20.23 | NEGATIVE | HSIC has a low relative strength, it was outperformed by 79.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HSIC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HSIC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HSIC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.71 | NEUTRAL | The RSI value for HSIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests HSIC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.77 | NEUTRAL | The Stochastics value for HSIC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for HSIC suggests some volalility. |
| Average Directional Index/ADX (14) | 10.44 | NEGATIVE | The low ADX value for HSIC 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)
67.03
+1 (+1.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg1.51%
1 Week1.47%
2 Weeks-1.22%
1 Month-3.46%
3 Month-10.23%
6 Month2.38%
12 Month-5%
2 Year3.15%
3 Year-2.09%
5 Year5.43%
10 Year-11.63%
15 Year138.75%
Volatility
ATR(14)1.4
ATR(20)%2.36%
ATR Inc-22.84%
Range Today1.32
ADR(20)1.54
ADR(20)%2.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.23
Mansfield-1.54
10 Day High69.58
10 Day Low65.2
20 Day High70.69
20 Day Low65.2
52 Week High82.49
52 Week Low60.56
CS1 End66.77
CR1 Start67.5
Volume & EV
DER(3)0.79%
DER(5)2.5%
Volume917.80K
Volume Incr-22.05%
Vol(5)1.19M
Vol(50)1.75M