NATIONAL HEALTHCARE - 1H - Technical analysis published on 10/25/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 66.31 USD
My targets
65.11 USD (-0.58%)
63.91 USD (-2.41%)
My analysis
In the short term, we can see an acceleration in the bearish trend on NATIONAL HEALTHCARE, which is a positive signal for sellers. As long as the price remains above 66.31 USD, a sale could be considered. The first bearish objective is located at 65.11 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 63.91 USD as an objective. Crossing it would then enable sellers to target 61.76 USD. If the price were to return above 66.31 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5.7
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
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Additional analysis
Quotes
NATIONAL HEALTHCARE rating 65.49 USD. On the day, this instrument lost -0.49% and was between 65.23 USD and 66.07 USD. This implies that the price is at +0.40% from its lowest and at -0.88% from its highest.65.23
66.07
65.49
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of NATIONAL HEALTHCARE in 1H shows an overall bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 5 are neutral and 9 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Black evening star
Type : Bearish
Timeframe : 1 hour
Downside gap
Type : Bearish
Timeframe : 1 hour
Abandoned baby evening star
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 61.76 | 63.91 | 65.11 | 65.49 | 65.72 | 66.31 | 66.69 |
| Change (%) | -5.70% | -2.41% | -0.58% | - | +0.35% | +1.25% | +1.83% |
| Change | -3.73 | -1.58 | -0.38 | - | +0.23 | +0.82 | +1.20 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Minor | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 64.15 | 64.65 | 65.23 | 65.73 | 66.31 | 66.81 | 67.39 |
| Camarilla | 65.51 | 65.61 | 65.71 | 65.81 | 65.91 | 66.01 | 66.11 |
| Woodie | 64.19 | 64.67 | 65.27 | 65.75 | 66.35 | 66.83 | 67.43 |
| Fibonacci | 64.65 | 65.06 | 65.32 | 65.73 | 66.14 | 66.40 | 66.81 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 62.20 | 63.29 | 64.89 | 65.98 | 67.58 | 68.67 | 70.27 |
| Camarilla | 65.76 | 66.01 | 66.25 | 66.50 | 66.75 | 66.99 | 67.24 |
| Woodie | 62.47 | 63.42 | 65.16 | 66.11 | 67.85 | 68.80 | 70.54 |
| Fibonacci | 63.29 | 64.31 | 64.95 | 65.98 | 67.00 | 67.64 | 68.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 58.07 | 60.71 | 62.35 | 64.99 | 66.63 | 69.27 | 70.91 |
| Camarilla | 62.80 | 63.20 | 63.59 | 63.98 | 64.37 | 64.77 | 65.16 |
| Woodie | 57.56 | 60.46 | 61.84 | 64.74 | 66.12 | 69.02 | 70.40 |
| Fibonacci | 60.71 | 62.35 | 63.36 | 64.99 | 66.63 | 67.64 | 69.27 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 49.63 | |
| MACD (12,26,9): | -0.0400 | |
| Directional Movement: | -2.01 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 65.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 66.07 | |
| Elder Ray (13): | -0.10 | |
| Super Trend (3,10): | 66.64 | |
| Zig ZAG (10): | 65.49 | |
| VORTEX (21): | 0.7900 | |
| Stochastique (14,3,5): | 51.76 | |
| TEMA (21): | 65.63 | |
| Williams %R (14): | -68.84 | |
| Chande Momentum Oscillator (20): | -0.60 | |
| Repulse (5,40,3): | -0.2700 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 1.64 |
| MA7: | 65.68 | |
| MA20: | 65.75 | |
| MA50: | 66.31 | |
| MA100: | 63.33 | |
| MAexp7: | 65.69 | |
| MAexp20: | 65.81 | |
| MAexp50: | 65.82 | |
| MAexp100: | 65.82 | |
| Price / MA7: | -0.29% | |
| Price / MA20: | -0.40% | |
| Price / MA50: | -1.24% | |
| Price / MA100: | +3.41% | |
| Price / MAexp7: | -0.30% | |
| Price / MAexp20: | -0.49% | |
| Price / MAexp50: | -0.50% | |
| Price / MAexp100: | -0.50% |
Quotes :
-
15 min delayed data
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NYSE MKT Stocks
News
The latest news and videos published on NATIONAL HEALTHCARE at the time of the analysis were as follows:
- Huntridge Family Clinic Reopens Doors With National Healthcare Non-Profit
- NHC Reports Second Quarter 2023 Earnings
- NHC Announces Common Dividend
- NHC Reports First Quarter 2023 Earnings
- NHC Announces 3.5% Increase in Common Dividend
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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