REGIONAL HEALTH PROPERTIES (RHE) Stock Technical Analysis
USA - NYSEARCA:RHE - US75903M3097 - Common Stock
Overall RHE gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RHE is showing a nice and steady performance.
Besides having an excellent technical rating, RHE 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
We found 3 important support 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.
2 important resistance areas can be observed.
- 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. |
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%. | For a 1.00% total portfolio risk, you can invest 9.69% of your capital in this trade. |
- 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%)
REGIONAL HEALTH PROPERTIES / RHE FAQ
What is the ChartMill technical rating of REGIONAL HEALTH PROPERTIES (RHE) stock?
ChartMill assigns a technical rating of 10 / 10 to RHE.
Can you provide the trend direction for REGIONAL HEALTH PROPERTIES?
The current trend direction for REGIONAL HEALTH PROPERTIES (RHE) is Bullish.
Can you provide the RSI signal for REGIONAL HEALTH PROPERTIES?
REGIONAL HEALTH PROPERTIES (RHE) has an RSI value of 60.377. This indicates that the stock is currently neutral.
What is the short term momentum for REGIONAL HEALTH PROPERTIES (RHE) stock?
The short term momentum for REGIONAL HEALTH PROPERTIES (RHE) is positive.
What is the support and resistance level for RHE stock?
REGIONAL HEALTH PROPERTIES (RHE) has a support level at 2.53 and a resistance level at 2.8. Check the full technical report for our detailed analysis of RHE support and resistance levels.