REGIONAL HEALTH PROPERTIES (RHE) Stock Technical Analysis
NYSEARCA:RHE - NYSE Arca - US75903M3097 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to RHE. Both in the recent history as in the last year, RHE has proven to be a steady performer, scoring decent points in every aspect analyzed.
RHE 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 RHE is lagging the market.
In the last month RHE has a been trading in the 1.41 - 6.80 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that RHE is one of the better performing stocks in the market, outperforming 89% of all stocks.
RHE is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry. RHE outperforms 80% of them.
RHE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for RHE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.63
2.88
When analyzing the support we can see 3 important areas.
- Support @2.53 from a trend line in the daily time frame.
- A support zone ranging from 2.40 to 2.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.65 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @2.80 from a horizontal line in the weekly time frame.
- Resistance @2.85 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for RHE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RHE is up. |
| ChartMill Relative Strength | 89.78 | POSITIVE | RHE has a high relative strength, it outperformed 89.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RHE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RHE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RHE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.38 | NEUTRAL | The RSI value for RHE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RHE has a positive trend. |
| Stochastics (14,3) | 71.87 | NEUTRAL | The Stochastics value for RHE is a neutral value. |
| Average True Range in percent/ATR (20) | 22.59 | HIGH VOLATILITY | The high ATR as a percentage value for RHE suggests high volalility. |
| Average Directional Index/ADX (14) | 40.79 | POSITIVE | The high ADX value value for RHE suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.81 | 2.52 | 0.29 (10.32%) | 9.69% |
| An entry @2.81. This is a Buy Stop order right above the resistance zone. | An exit @2.52. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.29 points, which is 10.32%. | When investing 9.69% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of RHE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:RHE (2/3/2025, 8:04:01 PM)
2.7741
+0.09 (+3.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg3.51%
1 Week10.52%
2 Weeks21.14%
1 Month77.37%
3 Month38.71%
6 Month40.11%
12 Month32.73%
2 Year-27%
3 Year-27.95%
5 Year102.49%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%22.59%
ATR Inc29.8%
Range Today0.29
ADR(20)0.51
ADR(20)%18.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.78
Mansfield1.6
10 Day High2.94
10 Day Low2.26
20 Day High6.8
20 Day Low1.41
52 Week High6.8
52 Week Low1.13
CS1 End2.53
CR1 Start2.8
Volume & EV
DER(3)9.5%
DER(5)-1.75%
Volume40.20K
Volume Incr-97.9%
Vol(5)47.42K
Vol(50)915.72K