NATL HEALTH INVESTORS INC (NHI) Stock Technical Analysis
USA - NYSE:NHI - US63633D1046 - REIT
Taking everything into account, NHI scores 3 out of 10 in our technical rating. In the last year, NHI was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
NHI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 79.27. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 76.76, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
65.13
When analyzing the support we can see 2 important areas.
- A support zone ranging from 71.03 to 76.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 79.27 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 | NEUTRAL | NEUTRAL | The long term trend for NHI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NHI is neutral. |
| ChartMill Relative Strength | 37.11 | 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) | DOWN | MIXED | The current price of NHI is above a declining 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) | 55.63 | NEUTRAL | The RSI value for NHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests NHI has a positive trend. |
| Stochastics (14,3) | 79.1 | NEUTRAL | The Stochastics value for NHI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for NHI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.39 | POSITIVE | The high ADX value value for NHI suggests a strong trend. |
76.8
+1.49 (+1.98%)
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 3 / 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 Bearish.
Can you provide the RSI signal for NATL HEALTH INVESTORS INC?
NATL HEALTH INVESTORS INC (NHI) has an RSI value of 55.6323. 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.