NATL HEALTH INVESTORS INC (NHI)       56.4  -2.84 (-4.79%)

56.4  -2.84 (-4.79%)

US63633D1046 - REIT - After market: 56.4 0 (0%)

Technical Rating

1

We assign a technical rating of 1 out of 10 to NHI. NHI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.



NHI is one of the better performing stocks in the Equity Real Estate Investment Trusts (REITs) industry, it outperforms 90% of 219 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, NHI did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
NHI is currently trading in the middle of its 52 week range, while the S&P500 Index is trading in the lower part of its yearly range. So NHI is doing better than the market!
In the last month NHI has a been trading in the 55.07 - 67.12 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.

Statistics

1 Month 3 Months 6 Months 12 Months -14.89% -8.43% -6.23% 4.41% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 79.13 50.22 - 67.16
NHI Weekly chart
NHI Daily chart

Support/Resistance Analysis


50.42

66.48
When analyzing the support we can see 2 important areas.
  • Support @52.51 from a horizontal line in the weekly time frame.
  • A support zone ranging from 50.93 to 51.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
  • A resistance zone ranging from 61.56 to 64.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 65.65 to 65.82. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

0

The technical rating of NHI is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.


NHI Daily chart

NATL HEALTH INVESTORS INC56.4

NYSE:NHI (9/26/2022, 7:06:46 PM)-2.84 (-4.79%)

After market: 56.4 0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Real Estate
GICS Industry Equity Real Estate Investment Trusts (REITs)
Performance
Today -4.79% 1 Week -10.13%
2 Weeks -15.63% 1 Month -14.89%
3 Month -8.43% 6 Month -6.23%
Volatility
ATR(14) 1.79 ATR(20)% 2.91%
ATR Inc 91.41% Range Today 3.9
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 79.13 Mansfield 1.28
10 Day High 67.05 10 Day Low 55.07
20 Day High 67.12 20 Day Low 55.07
52 Week High 67.16 52 Week Low 50.22
CS1 End 52.51 CR1 Start 61.56
Volume & EV
DER(3) -0.45% DER(5) -0.46%
Volume 690.40K Volume Incr 0.8%
Vol(5) 299.76K Vol(50) 267.45K

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