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Uptrend ExhaustionArchive - 1/3/2025 - 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 -5.80 points, or -1.92%, and closed at 296.70 on Friday, January 3, 2025. Weekly volume was -21% below average. HCA is a member of Health Care Sector. Health Care is the second most oversold sector. 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 HCA long-term trend chart] A long-term uptrend had started on July 14, 2022 at 164.47 and reached 417.08 on October 18, 2024. HCA gained -252.61 points, or -153.59%, in 118 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 263.93 and resistance is at 434.87. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend. Medium-term trend: [See HCA medium-term trend chart] A medium-term downtrend had started on October 18, 2024 at 417.08 and reached 290.00 on January 3, 2025. HCA lost 127.08 points, or 30.47%, in 11 weeks. The chart has formed a Falling Channel chart pattern. The price is near the trend resistance line (297.97). The resistance is usually stronger when technical indicators are overbought. 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 resistance line in a medium-term trend. Weekly Technical Indicators: [See HCA weekly technical indicators chart] Weekly Relative Strength Index is oversold while Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Relative Strength Index or strongly oversold weekly Williams' Percentage Range and Lane's Stochastic. 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 October 25, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend 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 December 26, 2024 at 305.50 and reached 290.00 on January 3, 2025. HCA lost 15.50 points, or 5.07%, in 8 days. The price is now at the 43.23% retracement level. Daily Technical Indicators: [See HCA daily technical indicators chart] Daily technical indicators are neutral. Daily Relative Strength Index and Lane's Stochastic have bullish 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 daily Relative Strength Index and Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. The daily MACD line is above its signal line since December 20, 2024. The distance between MACD and the signal line is low and getting smaller. 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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