ABRDN HEALTHCARE OPPORT (THQ) Technical Analysis
NYSE:THQ • US8791051043
Current stock price
THQ Technical Rating and Analysis
Overall THQ gets a technical rating of 1 out of 10. THQ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, THQ is a bad performer in the overall market: 78% of all stocks are doing better.
- In the last month THQ has a been trading in the 16.28 - 18.11 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.
THQ Weekly and Daily overview Charts
THQ Setup Rating and Analysis
Although the technical rating is bad, THQ does present a nice setup opportunity. 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 18.07. Right above this resistance zone may be a good entry point.
More info and screens
THQ Support and Resistance Analysis
16.19
2 important support areas can be observed.
- A support zone ranging from 16.76 to 16.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 16.35 to 16.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 18.07 to 18.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.45 from a trend line in the weekly time frame.
- Resistance @19.88 from a horizontal line in the weekly time frame.
- Resistance @20.21 from a horizontal line in the daily time frame.
THQ 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 THQ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for THQ is neutral. |
| ChartMill Relative Strength | 22.03 | NEGATIVE | THQ has a low relative strength, it was outperformed by 77.97% 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) | DOWN | NEGATIVE | The current price of THQ is below a declining 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) | 55.57 | NEUTRAL | The RSI value for THQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests THQ has a positive trend. |
| Stochastics (14,3) | 92.78 | OVERBOUGHT | The high Stochastics value suggests THQ may be overbought. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for THQ suggests some volalility. |
| Average Directional Index/ADX (14) | 40.92 | POSITIVE | The high ADX value value for THQ suggests a strong trend. |
THQ Chart- and CandleStick Pattern Analysis
THQ Technicals: Chart, Performance Metrics, Trend & Indicators
17.96
+0.16 (+0.9%)
ABRDN HEALTHCARE OPPORT / THQ TA FAQ
What is the ChartMill technical rating of ABRDN HEALTHCARE OPPORT (THQ) stock?
ChartMill assigns a technical rating of 1 / 10 to THQ.
Can you provide the trend direction for ABRDN HEALTHCARE OPPORT?
The current trend direction for ABRDN HEALTHCARE OPPORT (THQ) is Bearish.
What is the RSI signal for ABRDN HEALTHCARE OPPORT (THQ) stock?
ABRDN HEALTHCARE OPPORT (THQ) has an RSI value of 55.5728. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ABRDN HEALTHCARE OPPORT?
The MACD indicator for ABRDN HEALTHCARE OPPORT (THQ) has a value of 0.167595, indicating a bearish trend.
What is the short term momentum for THQ stock?
The short term momentum for ABRDN HEALTHCARE OPPORT (THQ) is neutral.