MOLINA HEALTHCARE INC (MOH) Stock Technical Analysis
NYSE:MOH - New York Stock Exchange, Inc. - US60855R1005 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to MOH. MOH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, MOH is a bad performer in the overall market: 98% of all stocks are doing better.
MOH is one of the lesser performing stocks in the Health Care Providers & Services industry. 88% of 103 stocks in the same industry do better.
MOH is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month MOH has a been trading in the 157.48 - 311.52 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
MOH has an average volume of 1046840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of MOH is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
156.64
354.41
We can see 2 important resistance areas.
- Resistance @293.77 from a trend line in the daily time frame.
- Resistance @350.90 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 MOH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MOH is down. |
| ChartMill Relative Strength | 2.46 | NEGATIVE | MOH has a low relative strength, it was outperformed by 97.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MOH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MOH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MOH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 19.47 | OVERSOLD | The low RSI value suggests MOH may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.76 | NEGATIVE | The MACD value suggests MOH has a negative trend. |
| Stochastics (14,3) | 9.83 | OVERSOLD | The low Stochastics value suggests MOH may be oversold. |
| Average True Range in percent/ATR (20) | 8.8 | HIGH VOLATILITY | The high ATR as a percentage value for MOH suggests high volalility. |
| Average Directional Index/ADX (14) | 47.74 | POSITIVE | The high ADX value value for MOH suggests a strong 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)
158.22
-32.03 (-16.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-16.84%
1 Week-22.54%
2 Weeks-30.78%
1 Month-46.21%
3 Month-49.69%
6 Month-48.01%
12 Month-52.82%
2 Year-48.04%
3 Year-51.72%
5 Year-14.34%
10 Year109.76%
15 Year430.76%
Volatility
ATR(14)11.48
ATR(20)%8.8%
ATR Inc56.79%
Range Today22.52
ADR(20)11.21
ADR(20)%7.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.46
Mansfield-5.29
10 Day High226.8
10 Day Low157.48
20 Day High311.52
20 Day Low157.48
52 Week High365.23
52 Week Low157.48
CS1 EndN/A
CR1 Start293.77
Volume & EV
DER(3)-3.71%
DER(5)-0.75%
Volume5.49M
Volume Incr220.98%
Vol(5)3.36M
Vol(50)1.05M