BRIGHTSPRING HEALTH SERVICES (BTSG) Technical Analysis
NASDAQ:BTSG • US10950A1060
Current stock price
BTSG Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to BTSG. Both in the recent history as in the last year, BTSG has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that BTSG is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, BTSG also shows a nice and consistent pattern of rising prices.
- BTSG is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 95% of 100 stocks in the same industry.
- BTSG is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month BTSG has a been trading in the 42.59 - 54.68 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- BTSG has an average volume of 3027680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BTSG Weekly and Daily overview Charts
BTSG Setup Rating and Analysis
Although BTSG 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
BTSG Support and Resistance Analysis
37.08
We found 4 important support areas.
- Support @45.79 from a horizontal line in the daily time frame.
- A support zone ranging from 42.39 to 42.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.28 from a trend line in the daily time frame.
- Support @37.45 from a horizontal line in the daily time frame.
BTSG Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BTSG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BTSG is up. |
| ChartMill Relative Strength | 95.38 | POSITIVE | BTSG has a high relative strength, it outperformed 95.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BTSG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BTSG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BTSG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.33 | OVERBOUGHT | The high RSI value suggests BTSG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests BTSG has a positive trend. |
| Stochastics (14,3) | 78.7 | NEUTRAL | The Stochastics value for BTSG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.37 | MEDIUM VOLATILITY | The ATR as a percentage value for BTSG suggests some volalility. |
| Average Directional Index/ADX (14) | 18.62 | NEGATIVE | The low ADX value for BTSG suggests a weak or negative trend. |
BTSG Chart- and CandleStick Pattern Analysis
BTSG Technicals: Chart, Performance Metrics, Trend & Indicators
52.58
+4.61 (+9.61%)
BRIGHTSPRING HEALTH SERVICES / BTSG TA FAQ
Can you provide the ChartMill technical rating for BRIGHTSPRING HEALTH SERVICES?
ChartMill assigns a technical rating of 10 / 10 to BTSG.
Can you provide the trend direction for BRIGHTSPRING HEALTH SERVICES?
The current trend direction for BRIGHTSPRING HEALTH SERVICES (BTSG) is Bullish.
Can you provide the RSI signal for BRIGHTSPRING HEALTH SERVICES?
BRIGHTSPRING HEALTH SERVICES (BTSG) has an RSI value of 73.327. This indicates that the stock is currently overbought.
What is the MACD signal for BRIGHTSPRING HEALTH SERVICES (BTSG) stock?
The MACD indicator for BRIGHTSPRING HEALTH SERVICES (BTSG) has a value of 0.265746, indicating a bearish trend.
What is the buy/sell signal for BRIGHTSPRING HEALTH SERVICES (BTSG) stock?
The buy/sell signal for BRIGHTSPRING HEALTH SERVICES (BTSG) is buy as both the short term and long term trends are positive.