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
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
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:
![Central Records Central Records](/medias/screeners/logo/CentralRecords.png)
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 Central Indicators](/medias/screeners/logo/CentralIndicators.png)
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 Central Indicators](/medias/screeners/logo/CentralIndicators.png)
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 Central Patterns](/medias/screeners/logo/CentralPatterns.png)
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 Central Candlesticks](/medias/screeners/logo/CentralCandlesticks.png)
Doji
Type : Neutral
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
Price
S3 | S2 | S1 | Price | |
---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 100.92 | 101.85 | 103.59 | 104.52 | 106.26 | 107.19 | 108.93 |
Camarilla | 104.60 | 104.84 | 105.09 | 105.33 | 105.58 | 105.82 | 106.06 |
Woodie | 101.33 | 102.05 | 104.00 | 104.72 | 106.67 | 107.39 | 109.34 |
Fibonacci | 101.85 | 102.87 | 103.50 | 104.52 | 105.54 | 106.17 | 107.19 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 93.46 | 95.35 | 98.84 | 100.73 | 104.22 | 106.11 | 109.60 |
Camarilla | 100.85 | 101.34 | 101.84 | 102.33 | 102.82 | 103.32 | 103.81 |
Woodie | 94.26 | 95.75 | 99.64 | 101.13 | 105.02 | 106.51 | 110.40 |
Fibonacci | 95.35 | 97.41 | 98.68 | 100.73 | 102.79 | 104.06 | 106.11 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 79.39 | 83.21 | 87.04 | 90.86 | 94.69 | 98.51 | 102.34 |
Camarilla | 88.77 | 89.47 | 90.17 | 90.87 | 91.57 | 92.27 | 92.97 |
Woodie | 79.40 | 83.21 | 87.05 | 90.86 | 94.70 | 98.51 | 102.35 |
Fibonacci | 83.21 | 86.13 | 87.94 | 90.86 | 93.78 | 95.59 | 98.51 |
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
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NYSE MKT Stocks
News
The last news published on NATIONAL HEALTHCARE at the time of the generation of this analysis was as follows:
- Consip Taps DXC Technology to Digitally Transform Italian National Healthcare Sector
- Perimeter Medical Imaging AI Announces Expanded Commercial Presence within National Healthcare Provider System with Follow-On Placement of Perimeter S-Series OCT at Additional Hospital Site
- SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of National HealthCare Corporation (NYSE: NHC) and Encourages Investors to Contact the Firm
- Perimeter Medical Imaging AI Announces Further Commercial Expansion in North Texas with Follow-On Placement of Perimeter S-Series OCT within National Healthcare Provider System
- Huntridge Family Clinic Reopens Doors With National Healthcare Non-Profit
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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