NATL HEALTH INVESTORS INC (NHI) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:NHI • US63633D1046
Overall NHI gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NHI is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that NHI is one of the better performing stocks in the market, outperforming 78% of all stocks. On top of that, NHI also shows a nice and consistent pattern of rising prices.
- NHI is part of the Diversified REITs industry. There are 124 other stocks in this industry. NHI outperforms 85% of them.
- A new 52 week high is currently being made by NHI, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month NHI has a been trading in the 76.64 - 84.78 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
Although NHI has an excellent technical rating, it 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
71.42
4 important support areas can be observed.
- A support zone ranging from 78.17 to 80.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 75.75 to 76.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
- A support zone ranging from 72.14 to 72.47. This zone is formed by a combination of multiple trend lines 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 | 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 | 78.66 | POSITIVE | NHI has a high relative strength, it outperformed 78.66% 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) | UP | POSITIVE | The current price of NHI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.31 | NEUTRAL | The RSI value for NHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests NHI has a positive trend. |
| Stochastics (14,3) | 79 | NEUTRAL | The Stochastics value for NHI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for NHI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.73 | NEGATIVE | The low ADX value for NHI suggests a weak or negative trend. |
84.26
+2.76 (+3.39%)
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 10 / 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 NATL HEALTH INVESTORS INC (NHI) stock?
NATL HEALTH INVESTORS INC (NHI) has an RSI value of 66.3132. This indicates that the stock is currently neutral.
What is the buy/sell signal for NATL HEALTH INVESTORS INC (NHI) stock?
The buy/sell signal for NATL HEALTH INVESTORS INC (NHI) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for NATL HEALTH INVESTORS INC?
NATL HEALTH INVESTORS INC (NHI) has a support level at 80.72. Check the full technical report for our detailed analysis of NHI support and resistance levels.