UNIVERSAL HEALTH SERVICES-B (UHS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:UHS - US9139031002 - Common Stock
Taking everything into account, UHS scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
UHS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 224.56, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
155.48
We found 2 important support areas.
- A support zone ranging from 219.85 to 224.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 157.05 to 157.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @226.78 from a trend line in the daily time frame.
- Resistance @238.02 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 243.64 to 244.19. 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 UHS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for UHS is neutral. |
| ChartMill Relative Strength | 83.22 | POSITIVE | UHS has a high relative strength, it outperformed 83.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UHS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UHS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UHS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.39 | NEUTRAL | The RSI value for UHS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.93 | NEGATIVE | The MACD value suggests UHS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.28 | NEUTRAL | The Stochastics value for UHS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for UHS suggests some volalility. |
| Average Directional Index/ADX (14) | 23 | NEUTRAL | The ADX value for UHS suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 226.79 | 219.84 | 6.95 (3.06%) | 25.00% |
| An entry @226.79. This is a Buy Stop order right above the resistance zone. | An exit @219.84. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 6.95 points, which is 3.06%. | For a 0.77% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of UHS. Please evaluate whether better entry and exit points can be found.
- 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.
226.64
-0.82 (-0.36%)
UNIVERSAL HEALTH SERVICES-B / UHS FAQ
What is the technical rating for UHS stock?
ChartMill assigns a technical rating of 8 / 10 to UHS.
What is the trend direction for UHS stock?
The current trend direction for UNIVERSAL HEALTH SERVICES-B (UHS) is Bullish.
What is the RSI signal for UHS stock?
UNIVERSAL HEALTH SERVICES-B (UHS) has an RSI value of 50.3937. This indicates that the stock is currently neutral.
What is the short term momentum for UHS stock?
The short term momentum for UNIVERSAL HEALTH SERVICES-B (UHS) is neutral.
What is the support and resistance level for UHS stock?
UNIVERSAL HEALTH SERVICES-B (UHS) has a support level at 224.56 and a resistance level at 226.78. Check the full technical report for our detailed analysis of UHS support and resistance levels.