BRIGHT HEALTH GROUP INC (BHG) Stock Technical Analysis
NYSE:BHG - New York Stock Exchange, Inc. - US10920V4041 - Common Stock - Currency: USD
Overall BHG gets a technical rating of 8 out of 10. In the last year, BHG was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
BHG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
BHG is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 80% of 108 stocks in the same industry.
In the last month BHG has a been trading in the 5.09 - 16.35 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that BHG is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although BHG has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
16.19
16.51
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.15
Mansfield-1.14
10 Day High16.35
10 Day Low10.18
20 Day High16.35
20 Day Low5.09
52 Week High80.8
52 Week Low4.94
Performance
1 Week41.8%
2 Weeks39.51%
1 Month220.59%
3 Month135.93%
6 Month32.71%
12 Month-79.32%
2 Year-92.65%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.47
RSI(14)80
LBB8.39
UBB15.85
NYSE:BHG (1/26/2024, 8:04:13 PM)
16.35
+1.4 (+9.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg9.36%
1 Week41.8%
2 Weeks39.51%
1 Month220.59%
3 Month135.93%
6 Month32.71%
12 Month-79.32%
2 Year-92.65%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.27
ATR(20)%9.79%
ATR Inc-3.87%
Range Today1.83
ADR(20)1.58
ADR(20)%9.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.15
Mansfield-1.14
10 Day High16.35
10 Day Low10.18
20 Day High16.35
20 Day Low5.09
52 Week High80.8
52 Week Low4.94
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)1.7%
DER(5)3.66%
Volume29.20K
Volume Incr-61.02%
Vol(5)34.52K
Vol(50)49.31K