NATIONAL HEALTHCARE CORP (NHC) Stock Technical Analysis
NYSEARCA:NHC • US6359061008
Taking everything into account, NHC scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, NHC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, NHC did better than 90% of all other stocks. We also observe that the gains produced by NHC over the past year are nicely spread over this period.
- NHC is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 87% of 102 stocks in the same industry.
- 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 138.12 - 171.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although NHC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
88.25
We found 6 important support areas.
- A support zone ranging from 157.81 to 157.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @151.89 from a trend line in the daily time frame.
- A support zone ranging from 137.69 to 138.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @132.21 from a horizontal line in the daily time frame.
- Support @100.45 from a trend line in the weekly time frame.
- Support @89.14 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 | 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 | 90.31 | POSITIVE | NHC has a high relative strength, it outperformed 90.31% off all stocks 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) | UP | POSITIVE | The current price of NHC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.13 | NEUTRAL | The RSI value for NHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests NHC has a negative trend. |
| Stochastics (14,3) | 60.67 | NEUTRAL | The Stochastics value for NHC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for NHC suggests some volalility. |
| Average Directional Index/ADX (14) | 40.26 | POSITIVE | The high ADX value value for NHC suggests a strong trend. |
157.82
-0.6 (-0.38%)
NATIONAL HEALTHCARE CORP / NHC FAQ
What is the technical rating for NHC stock?
ChartMill assigns a technical rating of 10 / 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 57.1257. 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 -0.388269, indicating a bearish trend.
Can you provide the buy/sell signal for NATIONAL HEALTHCARE CORP?
The buy/sell signal for NATIONAL HEALTHCARE CORP (NHC) is buy as both the short term and long term trends are positive.