NATIONAL HEALTHCARE CORP (NHC) Technical Analysis
NYSEARCA:NHC • US6359061008
Current stock price
NHC Technical Rating and Analysis
Overall NHC gets a technical rating of 9 out of 10. 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.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that NHC is one of the better performing stocks in the market, outperforming 89% of all 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 83% of 100 stocks in the same industry.
- NHC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NHC is performing more or less in line with the market.
- In the last month NHC has a been trading in the 152.15 - 168.22 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
NHC Weekly and Daily overview Charts
NHC Setup Rating and Analysis
Besides having an excellent technical rating, NHC also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 160.91, a Stop Loss order could be placed below this zone.
More info and screens
NHC Support and Resistance Analysis
100.64
We found 4 important support areas.
- A support zone ranging from 155.38 to 160.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 146.68 to 148.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @139.40 from a trend line in the daily time frame.
- Support @101.66 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 169.69 to 169.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @172.84 from a horizontal line in the daily time frame.
NHC Technical Indicator Signal Analysis
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 | 89.22 | POSITIVE | NHC has a high relative strength, it outperformed 89.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NHC is above a declining 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) | 54.25 | NEUTRAL | The RSI value for NHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests NHC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.71 | NEUTRAL | The Stochastics value for NHC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for NHC suggests some volalility. |
| Average Directional Index/ADX (14) | 11.71 | NEGATIVE | The low ADX value for NHC suggests a weak or negative trend. |
NHC Chart- and CandleStick Pattern Analysis
NHC Example Setup
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 |
|---|---|---|---|
| 169.71 | 155.37 | 14.34 (8.45%) | 11.83% |
| An entry @169.71. This is a Buy Stop order right above the resistance zone. | An exit @155.37. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 14.34 points, which is 8.45%. | For a 1.00% total portfolio risk, you can invest 11.83% 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.
NHC Technicals: Chart, Performance Metrics, Trend & Indicators
162.75
+4.78 (+3.03%)
NATIONAL HEALTHCARE CORP / NHC TA FAQ
What is the technical rating for NHC stock?
ChartMill assigns a technical rating of 9 / 10 to NHC.
Can you provide the trend direction for NATIONAL HEALTHCARE CORP?
The current trend direction for NATIONAL HEALTHCARE CORP (NHC) is Bullish.
Can you provide the RSI signal for NATIONAL HEALTHCARE CORP?
NATIONAL HEALTHCARE CORP (NHC) has an RSI value of 54.2467. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NATIONAL HEALTHCARE CORP?
The short term momentum for NATIONAL HEALTHCARE CORP (NHC) is neutral.
What is the support and resistance level for NHC stock?
NATIONAL HEALTHCARE CORP (NHC) has a support level at 160.91 and a resistance level at 169.69. Check the full technical report for our detailed analysis of NHC support and resistance levels.