ABRDN WORLD HEALTHCARE FUND (THW) Stock Technical Analysis
USA - NYSE:THW - US87911L1089
11.96 USD
0 (0%)
12.02 USD
+0.06 (+0.5%)
Overall THW gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, THW is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
THW is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When compared to the yearly performance of all other stocks, THW outperforms 49% of them, which is more or less in line with the market.
THW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so THW is lagging the market.
In the last month THW has a been trading in a tight range between 11.46 and 12.13.
THW has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 12.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.93, a Stop Loss order could be placed below this zone.
More info and screens
9.95
13.51
3 important support areas can be observed.
- A support zone ranging from 11.76 to 11.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.23 from a horizontal line in the weekly time frame.
- Support @10.05 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 12.06 to 12.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 13.36 to 13.38. 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 | 49.21 | NEUTRAL | THW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of THW is above the rising 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) | DOWN | MIXED | The current price of THW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.35 | NEUTRAL | The RSI value for THW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests THW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 52.31 | NEUTRAL | The Stochastics value for THW is a neutral value. |
| Average True Range in percent/ATR (20) | 1.21 | LOW VOLATILITY | The low ATR as a percentage value for THW suggests low volalility. |
| Average Directional Index/ADX (14) | 38.04 | POSITIVE | The high ADX value value for THW 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.08 | 11.75 | 0.33 (2.73%) | 25.00% |
| An entry @12.08. This is a Buy Stop order right above the resistance zone. | An exit @11.75. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.33 points, which is 2.73%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.68%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
11.96
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week1.27%
2 Weeks-0.99%
1 Month3.19%
3 Month16.46%
6 Month3.46%
12 Month-8.56%
2 Year2.05%
3 Year-7%
5 Year-16.54%
10 Year-16.83%
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%1.21%
ATR Inc-6.27%
Range Today0.11
ADR(20)0.14
ADR(20)%1.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.21
Mansfield-0.65
10 Day High12.13
10 Day Low11.74
20 Day High12.13
20 Day Low11.46
52 Week High13.48
52 Week Low9.8
CS1 End11.93
CR1 Start12.06
Volume & EV
DER(3)-0.31%
DER(5)1.05%
Volume116.63K
Volume Incr-16.49%
Vol(5)123.39K
Vol(50)179.18K