NATIONAL HEALTHCARE
NATIONAL HEALTHCARE
- USD (-)
- 15 min delayed data - NYSE MKT Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: NHC
ISIN:

NATIONAL HEALTHCARE - 1H - Technical analysis published on 04/29/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 89.53 USD
My targets
91.88 USD (+0.87%)
93.16 USD (+2.27%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 89.53 USD remains possible. It is advisable to trade NATIONAL HEALTHCARE with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 89.53 USD. The next bullish objective for buyers is set at 91.88 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 93.16 USD. If there is any crossing, the next objective would be the resistance located at 94.50 USD. PS: if there is a bearish break in the support located at 89.53 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
2.5

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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Daily Weekly

Additional analysis

Quotes

NATIONAL HEALTHCARE rating 91.09 USD. On the day, this instrument lost -0.21% with the lowest point at 90.81 USD and the highest point at 91.89 USD. The deviation from the price is +0.31% for the low point and -0.87% for the high point.

90.81
91.89
91.09

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by NATIONAL HEALTHCARE:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of NATIONAL HEALTHCARE indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals a bearish signal that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : 1 hour



In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 8 are neutral and 6 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour


Support of triangle is broken

Type : Bearish

Timeframe : 1 hour



The presence of these bearish patterns in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term were also noted

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour


Bearish harami cross

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 87.03 89.53 90.88 91.09 91.88 93.16 94.50
Change (%) -4.46% -1.71% -0.23% - +0.87% +2.27% +3.74%
Change -4.06 -1.56 -0.21 - +0.79 +2.07 +3.41
Level Minor Major Minor - Intermediate Intermediate Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard89.7890.3390.8091.3591.8292.3792.84
Camarilla91.0091.0991.1991.2891.3791.4791.56
Woodie89.7590.3190.7791.3391.7992.3592.81
Fibonacci90.3390.7290.9691.3591.7491.9892.37


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard87.7388.6989.9890.9492.2393.1994.48
Camarilla90.6690.8791.0791.2891.4991.6991.90
Woodie87.9188.7790.1691.0292.4193.2794.66
Fibonacci88.6989.5590.0890.9491.8092.3393.19


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard82.8386.7490.6294.5398.41102.32106.20
Camarilla92.3793.0893.8094.5195.2295.9496.65
Woodie82.8386.7390.6294.5298.41102.31106.20
Fibonacci86.7489.7191.5594.5397.5099.34102.32

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): 51.43
MACD (12,26,9): 0.2200
Directional Movement: -5.10
AROON (14): 21.43
DEMA (21): 91.45
Parabolic SAR (0,02-0,02-0,2): 90.78
Elder Ray (13): -0.11
Super Trend (3,10): 90.30
Zig ZAG (10): 91.09
VORTEX (21): 0.9700
Stochastique (14,3,5): 49.38
TEMA (21): 91.35
Williams %R (14): -49.38
Chande Momentum Oscillator (20): 0.79
Repulse (5,40,3): 0.1700
ROCnROLL: -1
TRIX (15,9): 0.0400
Courbe Coppock: 1.13
MA7: 90.87
MA20: 90.09
MA50: 92.71
MA100: 92.78
MAexp7: 91.25
MAexp20: 91.12
MAexp50: 90.61
MAexp100: 90.44
Price / MA7: +0.24%
Price / MA20: +1.11%
Price / MA50: -1.75%
Price / MA100: -1.82%
Price / MAexp7: -0.18%
Price / MAexp20: -0.03%
Price / MAexp50: +0.53%
Price / MAexp100: +0.72%

Quotes : - 15 min delayed data - NYSE MKT Stocks

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

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