ABRDN HEALTHCARE OPPORT (THQ) Stock Technical Analysis
USA - NYSE:THQ - US8791051043
17.76 USD
-0.41 (-2.26%)
17.3604 USD
-0.4 (-2.25%)
We assign a technical rating of 5 out of 10 to THQ. In the past year, THQ was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, THQ is a bad performer in the overall market: 80% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month THQ has a been trading in the 16.78 - 18.35 range, which is quite wide. It is currently trading near the high of this range.
THQ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so THQ is lagging the market.
Considerably lower volume is observed in the last couple of days.
THQ has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
16.59
18.82
We found 1 important support area.
- A support zone ranging from 16.76 to 17.46. 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 18.17 to 18.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @18.63 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for THQ is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for THQ is up. |
| ChartMill Relative Strength | 20.64 | NEGATIVE | THQ has a low relative strength, it was outperformed by 79.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of THQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of THQ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of THQ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.77 | NEUTRAL | The RSI value for THQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests THQ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.34 | OVERBOUGHT | The high Stochastics value suggests THQ may be overbought. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for THQ suggests low volalility. |
| Average Directional Index/ADX (14) | 25.59 | POSITIVE | The high ADX value value for THQ 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)
17.76
-0.41 (-2.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.26%
1 Week-2.26%
2 Weeks4.47%
1 Month3.62%
3 Month-0.95%
6 Month-6.23%
12 Month-20.36%
2 Year13.41%
3 Year-11.11%
5 Year2.01%
10 Year1.43%
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%1.57%
ATR Inc31.68%
Range Today0.55
ADR(20)0.27
ADR(20)%1.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.64
Mansfield-1.45
10 Day High18.35
10 Day Low16.83
20 Day High18.35
20 Day Low16.78
52 Week High22.6
52 Week Low15.14
CS1 End17.46
CR1 Start18.17
Volume & EV
DER(3)-6.14%
DER(5)-4.08%
Volume251.60K
Volume Incr-27.96%
Vol(5)178.92K
Vol(50)275.32K