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 05/31/2024 (GMT)

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

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 103.87 USD
My targets
106.11 USD (+1.01%)
109.60 USD (+4.33%)
My analysis
NATIONAL HEALTHCARE 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 103.87 USD. The next resistance located at 106.11 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 109.60 USD. 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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2

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

The NATIONAL HEALTHCARE price is 105.05 USD. The price is lower by -0.27% since the last closing with the lowest point at 105.05 USD and the highest point at 105.05 USD. The deviation from the price is 0% for the low point and 0% for the high point.

105.05
105.05
105.05

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

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of NATIONAL HEALTHCARE 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



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

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour


Bearish harami cross

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 97.66 100.10 103.87 105.05
Change (%) -7.03% -4.71% -1.12% -
Change -7.39 -4.95 -1.18 -
Level Minor Major Minor -



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
Standard100.92101.85103.59104.52106.26107.19108.93
Camarilla104.60104.84105.09105.33105.58105.82106.06
Woodie101.33102.05104.00104.72106.67107.39109.34
Fibonacci101.85102.87103.50104.52105.54106.17107.19


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard93.4695.3598.84100.73104.22106.11109.60
Camarilla100.85101.34101.84102.33102.82103.32103.81
Woodie94.2695.7599.64101.13105.02106.51110.40
Fibonacci95.3597.4198.68100.73102.79104.06106.11


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard79.3983.2187.0490.8694.6998.51102.34
Camarilla88.7789.4790.1790.8791.5792.2792.97
Woodie79.4083.2187.0590.8694.7098.51102.35
Fibonacci83.2186.1387.9490.8693.7895.5998.51

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): 74.77
MACD (12,26,9): 1.0900
Directional Movement: 23.19
AROON (14): 85.72
DEMA (21): 104.57
Parabolic SAR (0,02-0,02-0,2): 103.06
Elder Ray (13): 1.27
Super Trend (3,10): 103.22
Zig ZAG (10): 105.05
VORTEX (21): 1.0400
Stochastique (14,3,5): 91.44
TEMA (21): 104.96
Williams %R (14): -9.09
Chande Momentum Oscillator (20): 3.71
Repulse (5,40,3): 0.6400
ROCnROLL: 1
TRIX (15,9): 0.1300
Courbe Coppock: 4.36
MA7: 102.31
MA20: 98.60
MA50: 93.95
MA100: 94.16
MAexp7: 104.44
MAexp20: 103.20
MAexp50: 101.52
MAexp100: 99.52
Price / MA7: +2.68%
Price / MA20: +6.54%
Price / MA50: +11.81%
Price / MA100: +11.57%
Price / MAexp7: +0.58%
Price / MAexp20: +1.79%
Price / MAexp50: +3.48%
Price / MAexp100: +5.56%

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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