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Health Care Supplies Industry Stocks Technical Analysis - HCAArchive - 3/15/2024 - Sign In to see current Signals. |
HCA Holdings (HCA) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the HCA Holdings (HCA). During the week, the HCA dropped -3.40 points, or -1.04%, and closed at 321.97 on Friday, March 15, 2024. It was the worst weekly loss since January 26, 2024. Weekly volume was -20% below average. Long-term trend: [See HCA long-term trend chart] A long-term uptrend had started on July 14, 2022 at 164.47 and reached 328.74 on March 8, 2024. HCA gained -164.27 points, or -99.88%, in 86 weeks. Price is near the trend high. Medium-term trend: [See HCA medium-term trend chart] A medium-term uptrend had started on October 24, 2023 at 215.96 and reached 328.74 on March 8, 2024. HCA gained -112.78 points, or -52.22%, in 19 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (331.66) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend. Weekly Technical Indicators: [See HCA weekly technical indicators chart] Weekly Relative Strength Index and Lane's Stochastic are overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index and Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Weekly Relative Strength Index and Lane's Stochastic have bearish divergence. Use the following links to access the Relative Strength Index and Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index and Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is above its signal line since December 8, 2023. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help. Short-term trend: [See HCA short-term trend chart] A short-term downtrend had started on March 12, 2024 at 326.23 and reached 318.90 on March 15, 2024. HCA lost 7.33 points, or 2.25%, in 3 days. The price is now at the 41.88% retracement level. Daily Technical Indicators: [See HCA daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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