SEM Technical Analysis - SELECT MEDICAL HOLDINGS CORP

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to SEM. SEM 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 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, SEM is a bad performer in the overall market: 96% of all stocks are doing better.

SEM is one of the lesser performing stocks in the Health Care Providers & Services industry. 84% of 101 stocks in the same industry do better.

SEM 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.

SEM has an average volume of 1074320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

In the last month SEM has a been trading in the 12.06 - 13.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

SELECT MEDICAL HOLDINGS CORP / SEM Weekly stock chart

SELECT MEDICAL HOLDINGS CORP / SEM Daily stock chart

Setup Rating and Analysis

Although the technical rating is bad, SEM does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for SEM 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

12.23

18.44

We can see 5 important resistance areas.

A resistance zone ranging from 12.81 to 12.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A resistance zone ranging from 13.43 to 13.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @14.29 from a trend line in the daily time frame.
Resistance @15.35 from a horizontal line in the daily time frame.
Resistance @18.26 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 SEM is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for SEM is down.
ChartMill Relative Strength	4.21	NEGATIVE	SEM has a low relative strength, it was outperformed by 95.79% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of SEM is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of SEM is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of SEM is below a declining SMA(200).
Relative Strength Index/RSI (14)	42.16	NEUTRAL	The RSI value for SEM is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.02	NEGATIVE	The MACD value suggests SEM has a negative trend, although the MACD value is rising.
Stochastics (14,3)	26.82	NEUTRAL	The Stochastics value for SEM is a neutral value.
Average True Range in percent/ATR (20)	2.98	MEDIUM VOLATILITY	The ATR as a percentage value for SEM suggests some volalility.
Average Directional Index/ADX (14)	17.15	NEGATIVE	The low ADX value for SEM suggests a weak or negative trend.