NATL HEALTH INVESTORS INC (NHI) Stock Technical Analysis
NYSE:NHI - New York Stock Exchange, Inc. - US63633D1046 - REIT - Currency: USD
Taking everything into account, NHI scores 4 out of 10 in our technical rating. In the past year, NHI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
71% of all other stocks performed better in the past year than NHI.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month NHI has a been trading in the 69.18 - 74.66 range, which is quite wide. It is currently trading near the high of this range.
NHI is part of the Diversified REITs industry. There are 130 other stocks in this industry, NHI did better than 56% 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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NHI has an average technical rating and it also does not offer a high quality setup 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
65.13
78.65
We found 5 important support areas.
- Support @74.57 from a trend line in the daily time frame.
- A support zone ranging from 70.49 to 72.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @68.74 from a horizontal line in the daily time frame.
- Support @67.36 from a horizontal line in the daily time frame.
- A support zone ranging from 65.79 to 66.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @76.06 from a horizontal line in the daily time frame.
- Resistance @77.87 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for NHI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NHI is up. |
| ChartMill Relative Strength | 29.84 | NEGATIVE | NHI has a low relative strength, it was outperformed by 70.16% off all stocks 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) | 64.71 | NEUTRAL | The RSI value for NHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests NHI has a positive trend. |
| Stochastics (14,3) | 90.94 | OVERBOUGHT | The high Stochastics value suggests NHI may be overbought. |
| Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for NHI suggests low volalility. |
| Average Directional Index/ADX (14) | 17.23 | NEGATIVE | The low ADX value for NHI suggests a weak or negative 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)
74.94
+0.4 (+0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.54%
1 Week6.7%
2 Weeks4.78%
1 Month4.85%
3 Month-2.9%
6 Month10.32%
12 Month-0.32%
2 Year45.79%
3 Year13.78%
5 Year19.74%
10 Year35.28%
15 Year77.81%
Volatility
ATR(14)1.4
ATR(20)%1.83%
ATR Inc18.97%
Range Today1.89
ADR(20)1.33
ADR(20)%1.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.84
Mansfield-0.72
10 Day High74.66
10 Day Low69.18
20 Day High74.66
20 Day Low69.18
52 Week High86.13
52 Week Low65.13
CS1 End72.11
CR1 Start74.57
Volume & EV
DER(3)1.3%
DER(5)1.63%
Volume327.76K
Volume Incr11.81%
Vol(5)260.12K
Vol(50)295.39K