ABRDN HEALTHCARE OPPORT (THQ) Stock Technical Analysis
NYSE:THQ - New York Stock Exchange, Inc. - US8791051043 - Currency: USD
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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
80% of all other stocks performed better in the past year than THQ.
THQ is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so THQ is lagging the market.
In the last month THQ has a been trading in the 17.63 - 18.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
THQ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 17.89, a Stop Loss order could be placed below this zone.
More info and screens
17.52
20.98
We found 1 important support area.
- A support zone ranging from 17.70 to 17.89. 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 18.10 to 18.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.22 from a horizontal line in the daily time frame.
- Resistance @20.21 from a trend line in the daily time frame.
- Resistance @20.77 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 | DOWN | NEGATIVE | The long term trend for THQ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for THQ is down. |
| ChartMill Relative Strength | 20.04 | NEGATIVE | THQ has a low relative strength, it was outperformed by 79.96% 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) | UP | MIXED | The current price of THQ is below 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) | 40.66 | NEUTRAL | The RSI value for THQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests THQ has a negative trend. |
| Stochastics (14,3) | 15.93 | OVERSOLD | The low Stochastics value suggests THQ may be oversold. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for THQ suggests low volalility. |
| Average Directional Index/ADX (14) | 16.1 | NEGATIVE | The low ADX value for THQ suggests a weak or negative 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)
17.99
-0.13 (-0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.72%
1 Week-3.9%
2 Weeks-1.69%
1 Month-1.26%
3 Month-13.3%
6 Month-3.85%
12 Month-11.6%
2 Year-5.66%
3 Year-9.78%
5 Year1.07%
10 Year-9.28%
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%1.62%
ATR Inc17.66%
Range Today0.46
ADR(20)0.27
ADR(20)%1.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.04
Mansfield-1.45
10 Day High18.74
10 Day Low17.94
20 Day High18.74
20 Day Low17.63
52 Week High22.6
52 Week Low17.42
CS1 End17.89
CR1 Start18.1
Volume & EV
DER(3)-0.38%
DER(5)-1.15%
Volume131.90K
Volume Incr-30.18%
Vol(5)109.60K
Vol(50)141.95K