SHARECARE INC (SHCR) Stock Technical Analysis
NASDAQ:SHCR - Nasdaq - US81948W1045 - Common Stock - Currency: USD
Overall SHCR gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SHCR is only an average performer.
The long and short term trends are both positive. This is looking good!
SHCR is part of the Health Care Technology industry. There are 37 other stocks in this industry. SHCR outperforms 77% of them.
A new 52 week high is currently being made by SHCR, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so SHCR is leading 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.
Looking at the yearly performance, SHCR did better than 76% of all other 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.
SHCR 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 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
3 important support areas can be observed.
- 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