NATL HEALTH INVESTORS INC (NHI)

US63633D1046 - REIT

61.52  +1.08 (+1.79%)

After market: 61.52 0 (0%)

Technical Rating and Analysis

7

Overall NHI gets a technical rating of 7 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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, NHI did better than 81% of all other stocks.
NHI is one of the better performing stocks in the Diversified REITs industry, it outperforms 88% of 126 stocks in the same industry.
NHI 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 NHI is performing more or less in line with the market.
In the last month NHI has a been trading in the 57.80 - 62.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
NHI Weekly chart
NHI Daily chart
Setup Rating and Analysis

6

Although NHI has an excellent technical rating, the quality of the presented setup is not ideal 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.

Support and Resistance Analysis

48.87

63.47

6 important support areas can be observed.

  • A support zone ranging from 58.41 to 60.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @57.47 from a horizontal line in the daily time frame.
  • A support zone ranging from 53.05 to 53.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 51.61 to 51.77. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @50.29 from a horizontal line in the daily time frame.
  • Support @49.36 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 62.70 to 62.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.27
Mansfield0.27
10 Day High61.29
10 Day Low57.8
20 Day High62.93
20 Day Low57.8
52 Week High62.93
52 Week Low47.54
Performance
1 Week2.61%
2 Weeks1.91%
1 Month-0.93%
3 Month9.89%
6 Month23.2%
12 Month20.9%
2 Year17.29%
3 Year-17.67%
5 Year-19.87%
10 Year-2.03%
15 Year125.35%
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)
Technical Indicators
MACD(12,26,9)-0.23
RSI(14)54.61
LBB57.77
UBB61.79
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.

ENTRYEXITDISTANCECAPITAL
62.8557.795.06 (8.05%)12.42%
An entry @62.85. This is a Buy Stop order right above the resistance zone.An exit @57.79. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 5.06 points, which is 8.05%.When investing 12.42% 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.
NHI Daily chart

NATL HEALTH INVESTORS INC

NYSE:NHI (4/19/2024, 3:03:47 PM)

After market: 61.52 0 (0%)

61.52

+1.08 (+1.79%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg1.79%
1 Week2.61%
2 Weeks1.91%
1 Month-0.93%
3 Month9.89%
6 Month23.2%
12 Month20.9%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.27
ATR(20)%1.94%
ATR Inc
Range Today1.24
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High61.29
10 Day Low57.8
20 Day High62.93
20 Day Low57.8
52 Week High62.93
52 Week Low47.54
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume213.39K
Volume Incr-12.69%
Vol(5)144.88K
Vol(50)186.56K