SHARECARE INC (SHCR) Stock Technical Analysis
USA - NASDAQ:SHCR - US81948W1045 - Common Stock
1.43 USD
-0.01 (-0.35%)
1.43 USD
0 (0%)
We assign a technical rating of 7 out of 10 to SHCR. Although SHCR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
SHCR is one of the better performing stocks in the Health Care Technology industry, it outperforms 82% of 35 stocks in the same industry.
SHCR is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
SHCR has an average volume of 1913650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SHCR is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month SHCR has a been trading in a tight range between 1.41 and 1.44.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, SHCR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.44. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
1.10
1.45
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.41 to 1.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.37 to 1.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.11 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.44 to 1.44. 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 SHCR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SHCR is up. |
| ChartMill Relative Strength | 76.2 | POSITIVE | SHCR has a high relative strength, it outperformed 76.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SHCR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SHCR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SHCR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.32 | NEUTRAL | The RSI value for SHCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SHCR has a negative trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for SHCR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.73 | LOW VOLATILITY | The low ATR as a percentage value for SHCR suggests low volalility. |
| Average Directional Index/ADX (14) | 76.36 | POSITIVE | The high ADX value value for SHCR 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 |
|---|---|---|---|
| 1.45 | 1.41 | 0.04 (2.76%) | 25.00% |
| An entry @1.45. This is a Buy Stop order right above the resistance zone. | An exit @1.41. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.04 points, which is 2.76%. | For a 0.69% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
1.43
-0.01 (-0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-0.35%
1 Week0%
2 Weeks0%
1 Month1.42%
3 Month3.62%
6 Month76.54%
12 Month34.91%
2 Year-25.52%
3 Year-80.73%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%0.73%
ATR Inc-6.67%
Range Today0.01
ADR(20)0.01
ADR(20)%0.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.2
Mansfield1.56
10 Day High1.44
10 Day Low1.42
20 Day High1.44
20 Day Low1.41
52 Week High1.44
52 Week Low0.48
CS1 End1.43
CR1 Start1.44
Volume & EV
DER(3)-0.48%
DER(5)-1.17%
Volume4.61M
Volume Incr110.64%
Vol(5)3.92M
Vol(50)1.91M