NATL HEALTH INVESTORS INC (NHI) Technical Analysis
NYSE:NHI • US63633D1046
Current stock price
NHI Technical Rating and Analysis
Taking everything into account, NHI scores 5 out of 10 in our technical rating. NHI has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- 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 53% of all stocks.
- NHI is part of the Diversified REITs industry. There are 122 other stocks in this industry, NHI did better than 49% of them.
- 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.
- In the last month NHI has a been trading in the 80.44 - 86.81 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NHI Weekly and Daily overview Charts
NHI Setup Rating and Analysis
NHI has an average technical rating and also 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
NHI Support and Resistance Analysis
72.90
When analyzing the support we can see 4 important areas.
- A support zone ranging from 80.99 to 81.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @79.34 from a trend line in the daily time frame.
- Support @77.76 from a horizontal line in the daily time frame.
- A support zone ranging from 73.64 to 74.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 83.58 to 85.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @91.02 from a horizontal line in the daily time frame.
NHI 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 NHI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NHI is neutral. |
| ChartMill Relative Strength | 53.36 | NEUTRAL | NHI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NHI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NHI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NHI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.62 | NEUTRAL | The RSI value for NHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests NHI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.64 | NEUTRAL | The Stochastics value for NHI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for NHI suggests low volalility. |
| Average Directional Index/ADX (14) | 17.53 | NEGATIVE | The low ADX value for NHI suggests a weak or negative trend. |
NHI Chart- and CandleStick Pattern Analysis
NHI Technicals: Chart, Performance Metrics, Trend & Indicators
83.35
-1.52 (-1.79%)
NATL HEALTH INVESTORS INC / NHI TA FAQ
What is the ChartMill technical rating of NATL HEALTH INVESTORS INC (NHI) stock?
ChartMill assigns a technical rating of 5 / 10 to NHI.
What is the trend direction for NHI stock?
The current trend direction for NATL HEALTH INVESTORS INC (NHI) is Bullish.
What is the RSI signal for NHI stock?
NATL HEALTH INVESTORS INC (NHI) has an RSI value of 44.6175. This indicates that the stock is currently neutral.
What is the short term momentum for NHI stock?
The short term momentum for NATL HEALTH INVESTORS INC (NHI) is neutral.