NATIONAL HEALTHCARE CORP (NHC) Stock Technical Analysis
USA - NYSEARCA:NHC - US6359061008 - Common Stock
121.32 USD
-0.48 (-0.39%)
121.32 USD
0 (0%)
Overall NHC gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NHC is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
NHC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NHC is lagging the market slightly.
In the last month NHC has a been trading in the 112.40 - 127.25 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, NHC turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
NHC is an average performer in the Health Care Providers & Services industry, it outperforms 58% of 101 stocks in the same industry.
NHC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
88.25
138.51
When analyzing the support we can see 4 important areas.
- A support zone ranging from 121.31 to 121.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 96.06 to 96.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 94.10 to 94.52. This zone is formed by a combination of multiple trend lines 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 137.14 to 137.14. 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 | UP | POSITIVE | The short term trend for NHC is up. |
| ChartMill Relative Strength | 54.45 | NEUTRAL | NHC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NHC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NHC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NHC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.77 | NEUTRAL | The RSI value for NHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests NHC has a negative trend. |
| Stochastics (14,3) | 63.31 | NEUTRAL | The Stochastics value for NHC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for NHC suggests some volalility. |
| Average Directional Index/ADX (14) | 53.72 | POSITIVE | The high ADX value value for NHC 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 127.26 | 121.30 | 5.96 (4.68%) | 21.37% |
| An entry @127.26. This is a Buy Stop order right above the 10 day high. | An exit @121.30. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.96 points, which is 4.68%. | For a 1.00% total portfolio risk, you can invest 21.37% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
121.32
-0.48 (-0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.39%
1 Week-4.03%
2 Weeks3.5%
1 Month5.55%
3 Month11.88%
6 Month30.61%
12 Month-1.38%
2 Year80.11%
3 Year99.15%
5 Year91.66%
10 Year85.85%
15 Year233.21%
Volatility
ATR(14)3.97
ATR(20)%3.08%
ATR Inc-3.04%
Range Today4.52
ADR(20)3.58
ADR(20)%2.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.45
Mansfield0.16
10 Day High127.25
10 Day Low116.15
20 Day High127.25
20 Day Low112.4
52 Week High136.86
52 Week Low89.14
CS1 End121.31
CR1 Start137.14
Volume & EV
DER(3)-1.52%
DER(5)-1.35%
Volume51.20K
Volume Incr-22.35%
Vol(5)65.50K
Vol(50)62.91K