We assign a technical rating of 4 out of 10 to NHS. Recently some decent action could be observed, but in the medium term time frame this is still negative. NHS was also a bad performer in the overall market in the last year.
NHS has an average technical rating and it also 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
7.01
We found 1 important support area.
- A support zone ranging from 7.08 to 7.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 7.53 to 7.54. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 7.69 to 7.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.50 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for NHS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NHS is up. |
| ChartMill Relative Strength | 31.62 | NEUTRAL | NHS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NHS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NHS is above the rising 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) | 61.18 | NEUTRAL | The RSI value for NHS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests NHS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.91 | OVERBOUGHT | The high Stochastics value suggests NHS may be overbought. |
| Average True Range in percent/ATR (20) | 1.07 | LOW VOLATILITY | The low ATR as a percentage value for NHS suggests low volalility. |
| Average Directional Index/ADX (14) | 24.59 | NEUTRAL | The ADX value for NHS suggests a possible start of a new trend. |
7.43
-0.06 (-0.8%)
NEUBERGER HIGH YIELD STRATEG / NHS FAQ
Can you provide the ChartMill technical rating for NEUBERGER HIGH YIELD STRATEG?
ChartMill assigns a technical rating of 4 / 10 to NHS.
What is the trend direction for NHS stock?
The current trend direction for NEUBERGER HIGH YIELD STRATEG (NHS) is Bearish.
What is the RSI signal for NEUBERGER HIGH YIELD STRATEG (NHS) stock?
NEUBERGER HIGH YIELD STRATEG (NHS) has an RSI value of 61.1793. This indicates that the stock is currently neutral.
What is the MACD signal for NEUBERGER HIGH YIELD STRATEG (NHS) stock?
The MACD indicator for NEUBERGER HIGH YIELD STRATEG (NHS) has a value of 0.0361277, indicating a bearish trend.