SELECT MEDICAL HOLDINGS CORP (SEM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SEM - US81619Q1058 - Common Stock
We assign a technical rating of 7 out of 10 to SEM. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, SEM is a bad performer.
- When comparing the yearly performance of all stocks, SEM is a bad performer in the overall market: 77% of all stocks are doing better.
- Both the short term and long term trends are positive. This is a very positive sign.
- SEM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- SEM is an average performer in the Health Care Providers & Services industry, it outperforms 44% of 102 stocks in the same industry.
- SEM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SEM is lagging the market.
- In the last month SEM has a been trading in a tight range between 14.65 and 15.48.
SEM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 15.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.25, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
12.96
3 important support areas can be observed.
- A support zone ranging from 14.72 to 15.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.04 from a trend line in the weekly time frame.
- A support zone ranging from 13.09 to 13.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.35 to 15.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SEM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SEM is up. |
| ChartMill Relative Strength | 23.53 | NEGATIVE | SEM has a low relative strength, it was outperformed by 76.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SEM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SEM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SEM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.88 | NEUTRAL | The RSI value for SEM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SEM has a negative trend. |
| Stochastics (14,3) | 75.3 | NEUTRAL | The Stochastics value for SEM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.85 | LOW VOLATILITY | The low ATR as a percentage value for SEM suggests low volalility. |
| Average Directional Index/ADX (14) | 33.19 | POSITIVE | The high ADX value value for SEM 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 |
|---|---|---|---|
| 15.66 | 14.76 | 0.90 (5.75%) | 17.40% |
| An entry @15.66. This is a Buy Stop order right above the resistance zone. | An exit @14.76. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.90 points, which is 5.75%. | When investing 17.40% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
15.28
-0.05 (-0.33%)
SELECT MEDICAL HOLDINGS CORP / SEM FAQ
Can you provide the ChartMill technical rating for SELECT MEDICAL HOLDINGS CORP?
ChartMill assigns a technical rating of 7 / 10 to SEM.
What is the trend direction for SEM stock?
The current trend direction for SELECT MEDICAL HOLDINGS CORP (SEM) is Bullish.
Can you provide the RSI signal for SELECT MEDICAL HOLDINGS CORP?
SELECT MEDICAL HOLDINGS CORP (SEM) has an RSI value of 55.8764. This indicates that the stock is currently neutral.
What is the short term momentum for SELECT MEDICAL HOLDINGS CORP (SEM) stock?
The short term momentum for SELECT MEDICAL HOLDINGS CORP (SEM) is positive.
What is the support and resistance level for SEM stock?
SELECT MEDICAL HOLDINGS CORP (SEM) has a support level at 15.25 and a resistance level at 15.35. Check the full technical report for our detailed analysis of SEM support and resistance levels.