NATL HEALTH INVESTORS INC (NHI) Stock Technical Analysis
USA - NYSE:NHI - US63633D1046 - REIT
78.51 USD
-0.72 (-0.91%)
78.51 USD
0 (0%)
Taking everything into account, NHI scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NHI is only an average performer.
The long and short term trends are both positive. This is looking good!
When compared to the yearly performance of all other stocks, NHI outperforms 43% of them, which is more or less in line with the market.
NHI is part of the Diversified REITs industry. There are 130 other stocks in this industry, NHI did better than 68% 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 a tight range between 76.40 and 79.82.
Besides having an excellent technical rating, NHI also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 78.51, a Stop Loss order could be placed below this zone.
More info and screens
68.79
79.30
When analyzing the support we can see 2 important areas.
- A support zone ranging from 77.22 to 78.51. 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 69.48 to 72.45. 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 NHI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NHI is up. |
| ChartMill Relative Strength | 43.95 | 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) | UP | POSITIVE | The current price of NHI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.86 | NEUTRAL | The RSI value for NHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests NHI has a negative trend. |
| Stochastics (14,3) | 68.45 | NEUTRAL | The Stochastics value for NHI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for NHI suggests low volalility. |
| Average Directional Index/ADX (14) | 35.51 | 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)
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 |
|---|---|---|---|
| 79.83 | 77.21 | 2.62 (3.28%) | 25.00% |
| An entry @79.83. This is a Buy Stop order right above the 10 day high. | An exit @77.21. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.62 points, which is 3.28%. | For a 0.82% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
78.51
-0.72 (-0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.91%
1 Week0.28%
2 Weeks0.14%
1 Month1.58%
3 Month10.94%
6 Month7.05%
12 Month-5.64%
2 Year52.86%
3 Year38.88%
5 Year30.26%
10 Year36.56%
15 Year78.19%
Volatility
ATR(14)1.38
ATR(20)%1.67%
ATR Inc59.34%
Range Today1.92
ADR(20)1.29
ADR(20)%1.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.95
Mansfield-0.47
10 Day High79.82
10 Day Low77.22
20 Day High79.82
20 Day Low76.4
52 Week High85.69
52 Week Low65.13
CS1 End78.51
CR1 StartN/A
Volume & EV
DER(3)-0.24%
DER(5)-1.2%
Volume438.70K
Volume Incr23.81%
Vol(5)239.06K
Vol(50)224.64K