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Archive - 11/22/2024 - 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 the negative week for the Universal Health Services (UHS). During the week, the UHS dropped -2.40 points, or -1.20%, and closed at 197.90 on Friday, November 22, 2024. Weekly volume was 48% above average. UHS is a member of Health Care Sector. Health Care is the 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 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 price is near the trend resistance line (208.76). 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 long-term trend. Medium-term trend: [See UHS medium-term trend chart] A medium-term uptrend had started on October 24, 2023 at 119.90 and reached 243.25 on September 24, 2024. UHS gained -123.35 points, or -102.88%, in 48 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (193.88) 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. The distance between MACD and the signal line is near its high and getting bigger. 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 October 18, 2024 at 240.26 and reached 189.40 on November 21, 2024. UHS lost 50.86 points, or 21.17%, in 34 days. The price is now at the 16.71% retracement level. Daily Technical Indicators: [See UHS daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since October 24, 2024. 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.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Health Care |
1 |
Industry |
Health Care Facilities |
30 |
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Daily Trend |
Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
High |
240.26 |
High Date |
10/18/2024 |
Low |
189.40 |
Low Date |
11/21/2024 |
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Weekly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
243.25 |
High Date |
09/24/2024 |
Low |
189.40 |
Low Date |
11/21/2024 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Broadening Ascending Wedge |
Status |
Test Support |
Resistance |
264.10 |
Support |
193.88 |
Low |
119.90 |
Low Date |
10/24/2023 |
High |
243.25 |
High Date |
09/24/2024 |
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Quarterly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
82.50 |
Low Date |
10/21/2022 |
High |
243.25 |
High Date |
09/24/2024 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Broadening Ascending Wedge |
Status |
Test Resistance |
Resistance |
208.76 |
Support |
82.50 |
Low |
28.40 |
Low Date |
02/05/2010 |
High |
243.25 |
High Date |
09/24/2024 |
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