NATL HEALTH INVESTORS INC (NHI) Stock Technical Analysis
NYSE:NHI - US63633D1046 - REIT
78.29 USD
+0.64 (+0.82%)
78.29 USD
0 (0%)
Overall NHI gets a technical rating of 8 out of 10. Although NHI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
In the last month NHI has a been trading in the 71.46 - 78.40 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, NHI turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
NHI is an average performer in the Diversified REITs industry, it outperforms 62% of 129 stocks in the same industry.
NHI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NHI is lagging the market.
NHI has an excellent technical rating, but the quality of the setup is only medium 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
68.05
79.07
2 important support areas can be observed.
- A support zone ranging from 77.03 to 77.87. 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 68.74 to 72.74. This zone is formed by a combination of multiple trend lines and important moving averages 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 NHI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NHI is up. |
| ChartMill Relative Strength | 42.48 | NEUTRAL | NHI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NHI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NHI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NHI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.8 | NEUTRAL | The RSI value for NHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests NHI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.51 | OVERBOUGHT | The high Stochastics value suggests NHI may be overbought. |
| Average True Range in percent/ATR (20) | 1.55 | LOW VOLATILITY | The low ATR as a percentage value for NHI suggests low volalility. |
| Average Directional Index/ADX (14) | 32.03 | POSITIVE | The high ADX value value for NHI 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)
78.29
+0.64 (+0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.82%
1 Week0.54%
2 Weeks4.86%
1 Month9.76%
3 Month7.97%
6 Month9.24%
12 Month-3.86%
2 Year53.12%
3 Year19.51%
5 Year25.77%
10 Year42.09%
15 Year86.76%
Volatility
ATR(14)1.15
ATR(20)%1.55%
ATR Inc-0.6%
Range Today0.97
ADR(20)1.13
ADR(20)%1.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.48
Mansfield-0.36
10 Day High78.4
10 Day Low74.56
20 Day High78.4
20 Day Low71.46
52 Week High86.13
52 Week Low65.13
CS1 End72.59
CR1 Start77.87
Volume & EV
DER(3)2.55%
DER(5)1.88%
Volume193.84K
Volume Incr-14.5%
Vol(5)197.07K
Vol(50)255.86K