Taking everything into account, NHC scores 8 out of 10 in our technical rating. Although NHC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
NHC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 125.32, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
88.25
6 important support areas can be observed.
- A support zone ranging from 125.27 to 125.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 119.44 to 122.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @117.43 from a horizontal line in the daily time frame.
- A support zone ranging from 97.81 to 97.81. 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 130.45 to 132.21. 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 | 76.4 | POSITIVE | NHC has a high relative strength, it outperformed 76.4% 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) | 61.63 | NEUTRAL | The RSI value for NHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NHC has a positive trend. |
| Stochastics (14,3) | 65.16 | NEUTRAL | The Stochastics value for NHC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for NHC suggests some volalility. |
| Average Directional Index/ADX (14) | 24.91 | NEUTRAL | The ADX value for NHC suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 132.22 | 125.26 | 6.96 (5.26%) | 19.00% |
| An entry @132.22. This is a Buy Stop order right above the resistance zone. | An exit @125.26. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 6.96 points, which is 5.26%. | When investing 19.00% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
130.44
+3.08 (+2.42%)
NATIONAL HEALTHCARE CORP / NHC FAQ
What is the technical rating for NHC stock?
ChartMill assigns a technical rating of 8 / 10 to NHC.
What is the current trend direction of NATIONAL HEALTHCARE CORP (NHC) stock?
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 61.6302. This indicates that the stock is currently neutral.
What is the buy/sell signal for NATIONAL HEALTHCARE CORP (NHC) stock?
The buy/sell signal for NATIONAL HEALTHCARE CORP (NHC) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for NATIONAL HEALTHCARE CORP (NHC) stock?
NATIONAL HEALTHCARE CORP (NHC) has a support level at 125.32 and a resistance level at 130.45. Check the full technical report for our detailed analysis of NHC support and resistance levels.