The Greedy Trader Weekly Analysis
Sign In Jan 12, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   IndustriesExpand    Industries
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Archive
- 1/5/2018
Sign In to see current Signals.
Health Care REIT
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Oversold industryRelative Strength Index and Lane's Stochastic oversoldWilliams' Percentage Range is strongly oversoldLane's Stochastic bullish divergenceTrend support at 61.07Broken trend support line
Daily :Williams' Percentage Range and Lane's Stochastic are oversoldLane's Stochastic and MACD bullish divergence
Move cursor over the icon to see details.

It was the negative week for the Health Care REIT (HCN). During the week, the HCN dropped -1.40 points, or -2.20%, and closed at 62.37 on Friday, January 05, 2018. Weekly volume was 12% above average.

HCN is a member of REIT/Healthcare Facilities Industry. REIT/Healthcare Facilities is the fourth most oversold industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See HCN long-term trend chart]
A long-term uptrend had started on April 4, 2000 at 13.81 and reached 84.88 on January 20, 2015. HCN gained -71.07 points, or -514.63%, in 772 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (61.07) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend.

Medium-term trend: [See HCN medium-term trend chart]
A medium-term uptrend had started on November 10, 2016 at 59.39 and reached 78.17 on June 23, 2017. HCN gained -18.78 points, or -31.62%, in 32 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (75.47) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. HCN may retest the broken support line. It is considered to be a resistance line now. 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 HCN weekly technical indicators chart]
Weekly Relative Strength Index and Lane's Stochastic are oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index and Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. Weekly Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bullish 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 below its signal line since July 28, 2017. Use the following link to access a MACD help.

Short-term trend: [See HCN short-term trend chart]
A short-term downtrend had started on November 7, 2017 at 69.80 and reached 62.21 on January 5, 2018. HCN lost 7.59 points, or 10.87%, in 59 days. The chart has formed a Broadening Descending Wedge chart pattern.

Daily Technical Indicators: [See HCN daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. Daily Lane's Stochastic and MACD have bullish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic and MACD bullish divergence.

The daily MACD line is below its signal line since December 18, 2017. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 25.31
Williams' Percentage Range (W%R) 88.70
Oversold
Lane's Stochastic (%D-Slow) 19.73
Oversold Bullish
Greed/Fear Indicator (GFI) 18.77
Oversold
Moving Average Converg./Diverg. (MACD) -0.98 Bullish
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 18.28
Oversold
Williams' Percentage Range (W%R) 95.30
Strong Oversold
Lane's Stochastic (%D-Slow) 16.48
Oversold Bullish
Greed/Fear Indicator (GFI) 19.54
Oversold
Moving Average Converg./Diverg. (MACD) -1.19 Bullish
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 71.81
Upper Bollinger Band 67.59
50 Day Moving Average 66.43
20 Day Moving Average 64.71
Parabolic System 64.10
Weekly Stochastic Crossing 63.12
Daily Stochastic Crossing 62.73
Price 62.37
Lower Bollinger Band 61.57
Yearly Trendline Support 61.07
Sector and Industry
Description Name Rank
Sector Financial 3
Industry REIT/Healthcare Facilities 4
Daily Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
High 69.80
High Date 11/07/2017
Low 62.21
Low Date 01/05/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 75.58
High Date 09/12/2017
Low 62.21
Low Date 01/05/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 78.17
High Date 06/23/2017
Low 62.21
Low Date 01/05/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Support
Resistance 71.81
Support 75.47
Low 59.39
Low Date 11/10/2016
High 78.17
High Date 06/23/2017
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Support
Resistance 101.00
Support 61.07
Low 13.81
Low Date 04/04/2000
High 84.88
High Date 01/20/2015
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2016 All rights reserved.