HEALTHCARE SERVICES GROUP INC. - Daily - Technical analysis published on 01/03/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 25.67 USD
My targets
23.58 USD (-2.32%)
21.27 USD (-11.89%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on HEALTHCARE SERVICES GROUP INC. as long as the price remains well below 25.67 USD. The sellers” bearish objective is set at 23.58 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 21.27 USD. In case of crossing, the next objective would be the support located at 16.63 USD.
In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
FORCE
0
10
5.4
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
HEALTHCARE SERVICES GROUP INC. rating 24.14 USD. On the day, this instrument lost -0.74% with the lowest point at 23.62 USD and the highest point at 24.56 USD. The deviation from the price is +2.20% for the low point and -1.71% for the high point.23.62
24.56
24.14
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of HEALTHCARE SERVICES GROUP INC. in Daily shows an overall bearish trend. 75% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Daily
Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
CCI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Horizontal support is broken
Type : Bearish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
Support of triangle is broken
Type : Bearish
Timeframe : Daily
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 16.63 | 21.27 | 23.58 | 24.14 | 25.67 | 29.70 | 31.30 |
| Change (%) | -31.11% | -11.89% | -2.32% | - | +6.34% | +23.03% | +29.66% |
| Change | -7.51 | -2.87 | -0.56 | - | +1.53 | +5.56 | +7.16 |
| Level | Intermediate | Major | Minor | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.60 | 23.78 | 24.05 | 24.23 | 24.50 | 24.68 | 24.95 |
| Camarilla | 24.20 | 24.24 | 24.28 | 24.32 | 24.36 | 24.40 | 24.44 |
| Woodie | 23.65 | 23.80 | 24.10 | 24.25 | 24.55 | 24.70 | 25.00 |
| Fibonacci | 23.78 | 23.95 | 24.06 | 24.23 | 24.40 | 24.51 | 24.68 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.03 | 23.62 | 23.97 | 24.56 | 24.91 | 25.50 | 25.85 |
| Camarilla | 24.05 | 24.14 | 24.22 | 24.31 | 24.40 | 24.48 | 24.57 |
| Woodie | 22.90 | 23.56 | 23.84 | 24.50 | 24.78 | 25.44 | 25.72 |
| Fibonacci | 23.62 | 23.98 | 24.20 | 24.56 | 24.92 | 25.14 | 25.50 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 21.39 | 22.62 | 23.47 | 24.71 | 25.56 | 26.79 | 27.64 |
| Camarilla | 23.75 | 23.94 | 24.13 | 24.32 | 24.51 | 24.70 | 24.89 |
| Woodie | 21.19 | 22.53 | 23.28 | 24.61 | 25.36 | 26.70 | 27.45 |
| Fibonacci | 22.62 | 23.42 | 23.91 | 24.71 | 25.51 | 26.00 | 26.79 |
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): | 43.45 | |
| MACD (12,26,9): | -0.2000 | |
| Directional Movement: | -9.94 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 24.39 | |
| Parabolic SAR (0,02-0,02-0,2): | 24.96 | |
| Elder Ray (13): | -0.41 | |
| Super Trend (3,10): | 23.70 | |
| Zig ZAG (10): | 24.14 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 18.29 | |
| TEMA (21): | 24.19 | |
| Williams %R (14): | -77.49 | |
| Chande Momentum Oscillator (20): | -0.14 | |
| Repulse (5,40,3): | -1.0900 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0800 | |
| Courbe Coppock: | 5.91 |
| MA7: | 24.44 | |
| MA20: | 24.73 | |
| MA50: | 24.89 | |
| MA100: | 24.27 | |
| MAexp7: | 24.35 | |
| MAexp20: | 24.61 | |
| MAexp50: | 24.78 | |
| MAexp100: | 25.46 | |
| Price / MA7: | -1.23% | |
| Price / MA20: | -2.39% | |
| Price / MA50: | -3.01% | |
| Price / MA100: | -0.54% | |
| Price / MAexp7: | -0.86% | |
| Price / MAexp20: | -1.91% | |
| Price / MAexp50: | -2.58% | |
| Price / MAexp100: | -5.18% |
News
The last news published on HEALTHCARE SERVICES GROUP INC. at the time of the generation of this analysis was as follows:
- Healthcare Services Group, Inc. Reports Q3 Results, Cash Dividend Increase
- Healthcare Services Group, Inc. Increases Fourth Quarter Cash Dividend, Provides Update on 2016 Results
- Healthcare Services Group, Inc. Reports Results for the Three and Nine Months Ended September 30, 2016 & Increases Third Quarter 2016 Cash Dividend
This member declared not having a position on this financial instrument or a related financial instrument.
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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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