ABRDN WORLD HEALTHCARE FUND (THW) Stock Technical Analysis
USA - NYSE:THW - US87911L1089
Overall THW gets a technical rating of 6 out of 10. Although THW is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
THW 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
9.95
We found 2 important support areas.
- A support zone ranging from 11.77 to 12.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.05 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.07 to 13.10. 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 THW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for THW is up. |
| ChartMill Relative Strength | 72.6 | POSITIVE | THW has a high relative strength, it outperformed 72.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of THW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of THW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of THW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.82 | NEUTRAL | The RSI value for THW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests THW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 61.33 | NEUTRAL | The Stochastics value for THW is a neutral value. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for THW suggests low volalility. |
| Average Directional Index/ADX (14) | 26.62 | POSITIVE | The high ADX value value for THW suggests a strong trend. |
12.58
-0.04 (-0.36%)
ABRDN WORLD HEALTHCARE FUND / THW FAQ
Can you provide the ChartMill technical rating for ABRDN WORLD HEALTHCARE FUND?
ChartMill assigns a technical rating of 6 / 10 to THW.
What is the current trend direction of ABRDN WORLD HEALTHCARE FUND (THW) stock?
The current trend direction for ABRDN WORLD HEALTHCARE FUND (THW) is Bullish.
What is the RSI signal for ABRDN WORLD HEALTHCARE FUND (THW) stock?
ABRDN WORLD HEALTHCARE FUND (THW) has an RSI value of 50.819. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ABRDN WORLD HEALTHCARE FUND?
The MACD indicator for ABRDN WORLD HEALTHCARE FUND (THW) has a value of -0.0181158, indicating a bearish trend.
What is the short term momentum for ABRDN WORLD HEALTHCARE FUND (THW) stock?
The short term momentum for ABRDN WORLD HEALTHCARE FUND (THW) is positive.