MOLINA HEALTHCARE INC (MOH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MOH - US60855R1005 - Common Stock
Taking everything into account, MOH scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. MOH was also a bad performer in the overall market in the last year.
MOH has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 168.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 163.97, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
143.54
When analyzing the support we can see 2 important areas.
- A support zone ranging from 163.32 to 163.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @144.99 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 168.51 to 168.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @298.85 from a trend line in the weekly 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 | UP | POSITIVE | The short term trend for MOH is up. |
| ChartMill Relative Strength | 11.2 | NEGATIVE | MOH has a low relative strength, it was outperformed by 88.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MOH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MOH is above 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) | 59.57 | NEUTRAL | The RSI value for MOH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.18 | POSITIVE | The MACD value suggests MOH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.34 | NEUTRAL | The Stochastics value for MOH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for MOH suggests some volalility. |
| Average Directional Index/ADX (14) | 22.42 | NEUTRAL | The ADX value for MOH suggests a possible start of a new trend. |
164.02
+0.34 (+0.21%)
MOLINA HEALTHCARE INC / MOH FAQ
What is the technical rating for MOH stock?
ChartMill assigns a technical rating of 2 / 10 to MOH.
Can you provide the trend direction for MOLINA HEALTHCARE INC?
The current trend direction for MOLINA HEALTHCARE INC (MOH) is Bearish.
What is the RSI signal for MOLINA HEALTHCARE INC (MOH) stock?
MOLINA HEALTHCARE INC (MOH) has an RSI value of 59.5735. This indicates that the stock is currently neutral.
What is the MACD signal for MOLINA HEALTHCARE INC (MOH) stock?
The MACD indicator for MOLINA HEALTHCARE INC (MOH) has a value of 1.18182, indicating a bullish trend.
Can you provide the short term momentum for MOLINA HEALTHCARE INC?
The short term momentum for MOLINA HEALTHCARE INC (MOH) is positive.