CHEMED CORP (CHE) Stock Technical Analysis
NYSE:CHE - New York Stock Exchange, Inc. - US16359R1032 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to CHE. CHE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
73% of all other stocks performed better in the past year than CHE.
CHE 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.
In the last month CHE has a been trading in the 536.20 - 577.30 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
CHE is an average performer in the Health Care Providers & Services industry, it outperforms 44% of 108 stocks in the same industry.
Although the technical rating is bad, CHE does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 532.42, a Stop Loss order could be placed below this zone.
More info and screens
512.26
618.73
2 important support areas can be observed.
- Strong support @532.42 from a horizontal line in the daily time frame.
- A support zone ranging from 517.43 to 521.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 550.49 to 567.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @587.06 from a trend line in the weekly time frame.
- A resistance zone ranging from 610.19 to 612.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.13
Mansfield-1.14
10 Day High562.49
10 Day Low539.73
20 Day High577.3
20 Day Low536.2
52 Week High654.62
52 Week Low512.12
Performance
1 Week-2.56%
2 Weeks-1.37%
1 Month0.85%
3 Month-4.33%
6 Month-4.57%
12 Month-8.63%
2 Year4.73%
3 Year14.21%
5 Year30.8%
10 Year368.96%
15 Year919.87%
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)-1.47
RSI(14)46.48
LBB545.11
UBB562.53
546.24
-3.86 (-0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.7%
1 Week-2.56%
2 Weeks-1.37%
1 Month0.85%
3 Month-4.33%
6 Month-4.57%
12 Month-8.63%
2 Year4.73%
3 Year14.21%
5 Year30.8%
10 Year368.96%
15 Year919.87%
Volatility
ATR(14)11.5
ATR(20)%2.42%
ATR Inc-0.79%
Range Today11.72
ADR(20)13
ADR(20)%2.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.13
Mansfield-1.14
10 Day High562.49
10 Day Low539.73
20 Day High577.3
20 Day Low536.2
52 Week High654.62
52 Week Low512.12
CS1 End532.42
CR1 Start550.49
Volume & EV
DER(3)-2.04%
DER(5)-1.11%
Volume126.30K
Volume Incr-0.52%
Vol(5)91.50K
Vol(50)97.19K