RHK Technical Analysis - RHOEN-KLINIKUM AG

Technical Rating and Analysis

Taking everything into account, RHK scores 0 out of 10 in our technical rating. RHK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.

83% of all other stocks performed better in the past year than RHK.

RHK is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

Warning: RHK has an average volume of 1050 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

RHK is part of the Health Care Providers & Services industry. There are 31 other stocks in this industry, RHK did better than 46% of them.

In the last month RHK has a been trading in a tight range between 11.30 and 11.80.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

RHOEN-KLINIKUM AG / RHK Weekly stock chart

RHOEN-KLINIKUM AG / RHK Daily stock chart

Setup Rating and Analysis

RHK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 11.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.68, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

11.18

12.32

When analyzing the support we notice one important area.

A support zone ranging from 11.29 to 11.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 2 important areas.

A resistance zone ranging from 11.70 to 11.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @12.20 from a horizontal line in the daily time frame.

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What is Support and Resistance

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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 RHK.DE is down.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for RHK.DE is neutral.
ChartMill Relative Strength	17.59	NEGATIVE	RHK.DE has a low relative strength, it was outperformed by 82.41% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of RHK.DE is above a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of RHK.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of RHK.DE is below a declining SMA(200).
Relative Strength Index/RSI (14)	49.63	NEUTRAL	The RSI value for RHK.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.02	POSITIVE	The MACD value suggests RHK.DE has a positive trend.
Stochastics (14,3)	80	NEUTRAL	The Stochastics value for RHK.DE is a neutral value.
Average True Range in percent/ATR (20)	1.67	LOW VOLATILITY	The low ATR as a percentage value for RHK.DE suggests low volalility.
Average Directional Index/ADX (14)	10.47	NEGATIVE	The low ADX value for RHK.DE suggests a weak or negative trend.