NATL HEALTH INVESTORS INC (NHI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NHI - US63633D1046 - REIT
We assign a technical rating of 5 out of 10 to NHI. 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.
NHI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 77.56, a Stop Loss order could be placed below this zone.
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65.56
3 important support areas can be observed.
- A support zone ranging from 74.25 to 77.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 71.44 to 72.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @66.22 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 77.61 to 78.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 79.85 to 80.06. 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 | NEUTRAL | NEUTRAL | The short term trend for NHI is neutral. |
| ChartMill Relative Strength | 61.39 | NEUTRAL | NHI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NHI is below a declining 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) | 50.98 | NEUTRAL | The RSI value for NHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests NHI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.86 | NEUTRAL | The Stochastics value for NHI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for NHI suggests low volalility. |
| Average Directional Index/ADX (14) | 13.96 | NEGATIVE | The low ADX value for NHI suggests a weak or negative trend. |
77.58
+0.35 (+0.45%)
NATL HEALTH INVESTORS INC / NHI 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 current trend direction of NATL HEALTH INVESTORS INC (NHI) stock?
The current trend direction for NATL HEALTH INVESTORS INC (NHI) is Bullish.
Can you provide the RSI signal for NATL HEALTH INVESTORS INC?
NATL HEALTH INVESTORS INC (NHI) has an RSI value of 50.9795. This indicates that the stock is currently neutral.
What is the short term momentum for NATL HEALTH INVESTORS INC (NHI) stock?
The short term momentum for NATL HEALTH INVESTORS INC (NHI) is neutral.