Taking everything into account, NHC scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although NHC has an excellent technical rating, it does not present a decent entry opportunity 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
88.25
When analyzing the support we can see 4 important areas.
- A support zone ranging from 130.31 to 130.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 99.03 to 99.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @94.10 from a horizontal line in the daily time frame.
- Support @89.14 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 141.65 to 142.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for NHC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NHC is neutral. |
| ChartMill Relative Strength | 80 | POSITIVE | NHC has a high relative strength, it outperformed 80% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NHC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NHC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NHC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.51 | NEUTRAL | The RSI value for NHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.18 | NEGATIVE | The MACD value suggests NHC has a negative trend. |
| Stochastics (14,3) | 22.16 | NEUTRAL | The Stochastics value for NHC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for NHC suggests some volalility. |
| Average Directional Index/ADX (14) | 27.84 | POSITIVE | The high ADX value value for NHC suggests a strong trend. |
130.41
-6.68 (-4.87%)
NATIONAL HEALTHCARE CORP / NHC FAQ
What is the technical rating for NHC stock?
ChartMill assigns a technical rating of 7 / 10 to NHC.
Can you provide the trend direction for NATIONAL HEALTHCARE CORP?
The current trend direction for NATIONAL HEALTHCARE CORP (NHC) is Bullish.
What is the RSI signal for NATIONAL HEALTHCARE CORP (NHC) stock?
NATIONAL HEALTHCARE CORP (NHC) has an RSI value of 36.5149. This indicates that the stock is currently neutral.
What is the MACD signal for NATIONAL HEALTHCARE CORP (NHC) stock?
The MACD indicator for NATIONAL HEALTHCARE CORP (NHC) has a value of -1.18374, indicating a bearish trend.