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Archive - 3/21/2025 - Sign In to see current Signals. |
Universal Health Services (UHS) Technical Analysis
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| Summary:
| | Weekly : | | Daily :  Move cursor over the icon to see details.
| | It was a first positive week after 6 consecutive negative weeks for the Universal Health Services (UHS). During the week, the UHS gained 6.40 points, or 3.82%, and closed at 174.10 on Friday, March 21, 2025. It was the best weekly gain since November 29, 2024. Weekly volume was 42% above average.
Long-term trend: [See UHS long-term trend chart] A long-term uptrend had started on February 5, 2010 at 28.40 and reached 243.25 on September 24, 2024. UHS gained -214.85 points, or -756.51%, in 763 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 83.68 and resistance is at 212.26. 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 UHS medium-term trend chart] A medium-term uptrend had started on October 21, 2022 at 82.50 and reached 243.25 on September 24, 2024. UHS gained -160.75 points, or -194.85%, in 100 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (172.14) 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 medium-term trend.
Weekly Technical Indicators: [See UHS weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since October 4, 2024. Use the following link to access a MACD help.
Short-term trend: [See UHS short-term trend chart] A short-term downtrend had started on February 5, 2025 at 195.50 and reached 162.40 on March 13, 2025. UHS lost 33.10 points, or 16.93%, in 36 days. The chart has formed a Broadening Right-Angled, Descending Wedge chart pattern. The trend support level is at 158.04 and resistance is at 194.88. Use the following link to access a Broadening Right-Angled, Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Descending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See UHS daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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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