ABRDN HEALTHCARE OPPORT (THQ) Technical Analysis
NYSE:THQ • US8791051043
Taking everything into account, THQ scores 0 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, THQ is a bad performer in the overall market: 75% of all stocks are doing better.
- In the last month THQ has a been trading in the 17.94 - 19.41 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- 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.
The technical rating of THQ is bad and it also does not present a quality setup 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
18.06
When analyzing the support we notice one important area.
- A support zone ranging from 18.24 to 18.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 18.34 to 18.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 18.73 to 19.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.63 to 19.88. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @20.21 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 | DOWN | NEGATIVE | The short term trend for THQ is down. |
| ChartMill Relative Strength | 25.86 | NEGATIVE | THQ has a low relative strength, it was outperformed by 74.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of THQ is below a declining 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) | UP | POSITIVE | The current price of THQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.07 | NEUTRAL | The RSI value for THQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests THQ has a negative trend. |
| Stochastics (14,3) | 24.01 | NEUTRAL | The Stochastics value for THQ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.49 | LOW VOLATILITY | The low ATR as a percentage value for THQ suggests low volalility. |
| Average Directional Index/ADX (14) | 28.22 | POSITIVE | The high ADX value value for THQ suggests a strong trend. |
THQ Technicals: Chart, Performance Metrics, Trend & Indicators
18.25
-0.1 (-0.54%)
ABRDN HEALTHCARE OPPORT / THQ FAQ
What is the ChartMill technical rating of ABRDN HEALTHCARE OPPORT (THQ) stock?
ChartMill assigns a technical rating of 0 / 10 to THQ.
Can you provide the trend direction for ABRDN HEALTHCARE OPPORT?
The current trend direction for ABRDN HEALTHCARE OPPORT (THQ) is Bearish.
Can you provide the RSI signal for ABRDN HEALTHCARE OPPORT?
ABRDN HEALTHCARE OPPORT (THQ) has an RSI value of 33.0692. This indicates that the stock is currently neutral.
What is the short term momentum for THQ stock?
The short term momentum for ABRDN HEALTHCARE OPPORT (THQ) is negative.