|
|
Uptrend ExhaustionArchive
- 1/3/2025 -
Sign In to see current Signals. |
Universal Health Services (UHS) Technical Analysis
|
 |
| 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 gave back -1.60 points, or -0.89%, and closed at 178.90 on Friday, January 3, 2025. Weekly volume was -50% below average.
UHS 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 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 82.91 and resistance is at 209.96. 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 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 uptrend support line (201.20) 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 UHS weekly technical indicators chart]
Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish 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 and Williams' Percentage Range help.
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, but getting smaller. 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 174.10 on January 3, 2025. UHS lost 66.16 points, or 27.54%, in 77 days. The chart has formed a Falling Wedge chart pattern.
 Daily Technical Indicators: [See UHS 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. Use the following link to access Relative Strength Index help.
The daily MACD line is above its signal line since December 26, 2024. The distance between MACD and the signal line is low, but getting bigger.
| |
|
|