LHC GROUP
LHC GROUP
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: LHCG
ISIN:

LHC GROUP - Daily - Technical analysis published on 07/19/2019 (GMT)

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  • Timeframe : Daily
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  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 120.55 USD
My targets
125.41 USD (+2.16%)
My analysis
LHC GROUP is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 120.55 USD. The next resistance located at 125.41 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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.

This analysis was given by Vincent Launay.

Additional analysis

Quotes

LHC GROUP rating 122.76 USD. The price registered a decrease of -0.47% on the session and was traded between 121.08 USD and 122.99 USD over the period. The price is currently at +1.39% from its lowest and -0.19% from its highest.

121.08
122.99
122.76

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

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:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of LHC GROUP indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

White morning star

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 105.12 114.01 120.55 122.76 125.41
Change (%) -14.37% -7.13% -1.80% - +2.16%
Change -17.64 -8.75 -2.21 - +2.65
Level Intermediate Major Major - Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard116.70118.44120.89122.63125.08126.82129.27
Camarilla122.19122.57122.96123.34123.72124.11124.49
Woodie117.06118.62121.25122.81125.44127.00129.63
Fibonacci118.44120.04121.03122.63124.23125.22126.82


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard114.66116.86121.14123.34127.62129.82134.10
Camarilla123.63124.22124.82125.41126.00126.60127.19
Woodie115.69117.38122.17123.86128.65130.34135.13
Fibonacci116.86119.34120.87123.34125.82127.35129.82


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard103.90107.59113.58117.27123.26126.95132.95
Camarilla116.92117.81118.69119.58120.47121.36122.24
Woodie105.06108.16114.74117.85124.42127.53134.10
Fibonacci107.59111.28113.57117.27120.97123.25126.95

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 55.95
MACD (12,26,9): 1.7600
Directional Movement: 7.58
AROON (14): 71.43
DEMA (21): 123.26
Parabolic SAR (0,02-0,02-0,2): 127.95
Elder Ray (13): 0.24
Super Trend (3,10): 115.07
Zig ZAG (10): 122.08
VORTEX (21): 1.0400
Stochastique (14,3,5): 44.76
TEMA (21): 123.60
Williams %R (14): -59.96
Chande Momentum Oscillator (20): 1.75
Repulse (5,40,3): 0.3600
ROCnROLL: 1
TRIX (15,9): 0.2300
Courbe Coppock: 8.28
MA7: 122.94
MA20: 120.55
MA50: 117.77
MA100: 113.39
MAexp7: 122.39
MAexp20: 120.90
MAexp50: 117.76
MAexp100: 113.90
Price / MA7: -0.15%
Price / MA20: +1.83%
Price / MA50: +4.24%
Price / MA100: +8.26%
Price / MAexp7: +0.30%
Price / MAexp20: +1.54%
Price / MAexp50: +4.25%
Price / MAexp100: +7.78%

This member declared not having a position on this financial instrument or a related financial instrument.

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