NATIONAL HEALTHCARE CORP (NHC) Stock Technical Analysis
NYSEARCA:NHC - NYSE Arca - US6359061008 - Common Stock - Currency: USD
Taking everything into account, NHC scores 6 out of 10 in our technical rating. NHC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, NHC is a bad performer in the overall market: 77% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month NHC has a been trading in the 93.99 - 112.25 range, which is quite wide. It is currently trading near the high of this range.
NHC is an average performer in the Health Care Providers & Services industry, it outperforms 50% of 104 stocks in the same industry.
NHC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NHC is lagging the market.
Considerably lower volume is observed in the last couple of days.
NHC has an average technical rating and it also does not offer a high quality setup 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
111.41
When analyzing the support we can see 3 important areas.
- A support zone ranging from 101.54 to 102.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 94.10 to 95.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @89.14 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 110.31 to 110.31. 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 | NEUTRAL | NEUTRAL | The long term trend for NHC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NHC is up. |
| ChartMill Relative Strength | 23.51 | NEGATIVE | NHC has a low relative strength, it was outperformed by 76.49% 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) | DOWN | MIXED | The current price of NHC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 70.37 | OVERBOUGHT | The high RSI value suggests NHC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.32 | POSITIVE | The MACD value suggests NHC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.3 | OVERBOUGHT | The high Stochastics value suggests NHC may be overbought. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for NHC suggests some volalility. |
| Average Directional Index/ADX (14) | 35.94 | 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)
110.3
+0.42 (+0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.38%
1 Week3.71%
2 Weeks14.41%
1 Month16.74%
3 Month7.79%
6 Month17.72%
12 Month-17.69%
2 Year67.25%
3 Year58.82%
5 Year73.16%
10 Year82.74%
15 Year217.78%
Volatility
ATR(14)2.74
ATR(20)%2.36%
ATR Inc-25.49%
Range Today2.44
ADR(20)2.46
ADR(20)%2.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.51
Mansfield-0.56
10 Day High112.25
10 Day Low96.99
20 Day High112.25
20 Day Low93.99
52 Week High137.53
52 Week Low89.14
CS1 End102.8
CR1 Start110.31
Volume & EV
DER(3)0.54%
DER(5)1.27%
Volume34.40K
Volume Incr-36.68%
Vol(5)32.70K
Vol(50)67.21K