NANTHEALTH INC (NH) Stock Technical Analysis
NASDAQ:NH - Nasdaq - US6301043054 - Common Stock - Currency: USD
Overall NH gets a technical rating of 1 out of 10. NH 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, NH is a bad performer in the overall market: 97% of all stocks are doing better.
NH is one of the lesser performing stocks in the Health Care Technology industry. 85% of 35 stocks in the same industry do better.
NH is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month NH has a been trading in the 1.30 - 3.79 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.
The technical rating of NH 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
1.34
3.25
2 important resistance areas can be observed.
- Resistance @2.70 from a trend line in the weekly time frame.
- Resistance @3.22 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 NH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NH is neutral. |
| ChartMill Relative Strength | 3.11 | NEGATIVE | NH has a low relative strength, it was outperformed by 96.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.96 | NEUTRAL | The RSI value for NH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests NH has a negative trend. |
| Stochastics (14,3) | 28.27 | NEUTRAL | The Stochastics value for NH is a neutral value. |
| Average True Range in percent/ATR (20) | 34.5 | HIGH VOLATILITY | The high ATR as a percentage value for NH suggests high volalility. |
| Average Directional Index/ADX (14) | 38.61 | POSITIVE | The high ADX value value for NH 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)
1.35
-1.18 (-46.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-46.64%
1 Week-53.77%
2 Weeks-55%
1 Month-10.6%
3 Month-54.08%
6 Month-68.21%
12 Month-82.91%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%34.5%
ATR Inc50.42%
Range Today1.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.11
Mansfield-7.22
10 Day High3.11
10 Day Low1.35
20 Day High3.79
20 Day Low1.3
52 Week High9.75
52 Week Low1.24
CS1 EndN/A
CR1 Start2.7
Volume & EV
DER(3)-18.31%
DER(5)-7.19%
Volume232.40K
Volume Incr-56.44%
Vol(5)54.14K
Vol(50)57.60K