Quorum Health Corp (QHC) Technical Analysis
NYSE:QHC
Current stock price
QHC Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to QHC. QHC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, QHC is a bad performer in the overall market: 96% of all stocks are doing better.
- QHC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so QHC is lagging the market.
- In the last month QHC has a been trading in the 0.22 - 1.11 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
QHC Weekly and Daily overview Charts
QHC Setup Rating and Analysis
The technical rating of QHC is bad and it also does not present a 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
QHC Support and Resistance Analysis
0.30
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.51 to 0.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
QHC 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 QHC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for QHC is down. |
| ChartMill Relative Strength | 4.9 | NEGATIVE | QHC has a low relative strength, it was outperformed by 95.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of QHC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of QHC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of QHC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.67 | NEUTRAL | The RSI value for QHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests QHC has a negative trend. |
| Stochastics (14,3) | 14.15 | OVERSOLD | The low Stochastics value suggests QHC may be oversold. |
| Average True Range in percent/ATR (20) | 56.25 | HIGH VOLATILITY | The high ATR as a percentage value for QHC suggests high volalility. |
QHC Chart- and CandleStick Pattern Analysis
QHC Technicals: Chart, Performance Metrics, Trend & Indicators
0.3044
+0 (+0.76%)
Quorum Health Corp / QHC TA FAQ
Can you provide the ChartMill technical rating for Quorum Health Corp?
ChartMill assigns a technical rating of 0 / 10 to QHC.
What is the current trend direction of Quorum Health Corp (QHC) stock?
The current trend direction for Quorum Health Corp (QHC) is Bearish.
Can you provide the RSI signal for Quorum Health Corp?
Quorum Health Corp (QHC) has an RSI value of 31.6656. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for Quorum Health Corp?
The buy/sell signal for Quorum Health Corp (QHC) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for Quorum Health Corp (QHC) stock?
Quorum Health Corp (QHC) has a resistance level at 0.51. Check the full technical report for our detailed analysis of QHC support and resistance levels.