MOLINA HEALTHCARE INC (MOH) Stock Technical Analysis
NYSE:MOH - New York Stock Exchange, Inc. - US60855R1005 - Common Stock - Currency: USD
Taking everything into account, MOH scores 0 out of 10 in our technical rating. 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.
72% of all other stocks performed better in the past year than MOH.
MOH is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
MOH is an average performer in the Health Care Providers & Services industry, it outperforms 41% of 103 stocks in the same industry.
MOH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MOH is lagging the market.
Although the technical rating is bad, MOH does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 304.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 294.89, a Stop Loss order could be placed below this zone.
More info and screens
289.56
364.38
We found 1 important support area.
- A support zone ranging from 292.48 to 294.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 304.14 to 308.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 325.35 to 331.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @350.90 from a horizontal line in the weekly time frame.
- Resistance @360.77 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 | 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 | 28.36 | NEGATIVE | MOH has a low relative strength, it was outperformed by 71.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MOH is above 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) | 47.4 | NEUTRAL | The RSI value for MOH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.98 | POSITIVE | The MACD value suggests MOH has a positive trend. |
| Stochastics (14,3) | 46.94 | NEUTRAL | The Stochastics value for MOH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for MOH suggests some volalility. |
| Average Directional Index/ADX (14) | 25.8 | 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)
297.05
+5.99 (+2.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg2.06%
1 Week1.03%
2 Weeks1.22%
1 Month-2.24%
3 Month-7.99%
6 Month1.67%
12 Month-0.08%
2 Year-1.39%
3 Year6.24%
5 Year66.9%
10 Year322.55%
15 Year931.42%
Volatility
ATR(14)7.76
ATR(20)%2.56%
ATR Inc59.93%
Range Today7.92
ADR(20)7.44
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.36
Mansfield-1.17
10 Day High303.76
10 Day Low286.69
20 Day High308.43
20 Day Low286.69
52 Week High365.23
52 Week Low262.32
CS1 End294.89
CR1 Start304.14
Volume & EV
DER(3)-0.47%
DER(5)0.74%
Volume641.90K
Volume Incr-8.12%
Vol(5)556.26K
Vol(50)675.31K