NEUBERGER HIGH YIELD STRATEG (NHS) Technical Analysis
NYSEARCA:NHS • US64128C1062
Current stock price
NHS Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to NHS. NHS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, NHS is a bad performer in the overall market: 81% of all stocks are doing better.
- NHS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NHS is lagging the market.
- NHS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
NHS Weekly and Daily overview Charts
NHS Setup Rating and Analysis
Although the technical rating is bad, NHS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
NHS Support and Resistance Analysis
6.43
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 6.50 to 6.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.62 to 6.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 7.18 to 7.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Strong resistance @7.37 from a horizontal line in the daily time frame.
- A resistance zone ranging from 7.60 to 7.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.93 from a horizontal line in the weekly time frame.
NHS Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for NHS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NHS is down. |
| ChartMill Relative Strength | 19.99 | NEGATIVE | NHS has a low relative strength, it was outperformed by 80.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NHS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NHS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NHS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.07 | NEUTRAL | The RSI value for NHS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NHS has a positive trend. |
| Stochastics (14,3) | 49.09 | NEUTRAL | The Stochastics value for NHS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for NHS suggests some volalility. |
| Average Directional Index/ADX (14) | 45.48 | POSITIVE | The high ADX value value for NHS suggests a strong trend. |
NHS Chart- and CandleStick Pattern Analysis
NHS Technicals: Chart, Performance Metrics, Trend & Indicators
6.49
-0.06 (-0.92%)
NEUBERGER HIGH YIELD STRATEG / NHS TA FAQ
Can you provide the ChartMill technical rating for NEUBERGER HIGH YIELD STRATEG?
ChartMill assigns a technical rating of 0 / 10 to NHS.
What is the trend direction for NHS stock?
The current trend direction for NEUBERGER HIGH YIELD STRATEG (NHS) is Bearish.
Can you provide the RSI signal for NEUBERGER HIGH YIELD STRATEG?
NEUBERGER HIGH YIELD STRATEG (NHS) has an RSI value of 33.069. This indicates that the stock is currently neutral.
What is the short term momentum for NHS stock?
The short term momentum for NEUBERGER HIGH YIELD STRATEG (NHS) is negative.
What is the support and resistance level for NHS stock?
NEUBERGER HIGH YIELD STRATEG (NHS) has a resistance level at 6.5. Check the full technical report for our detailed analysis of NHS support and resistance levels.