CHANGE HEALTHCARE INC (CHNG) Stock Technical Analysis
NASDAQ:CHNG - Nasdaq - US15912K1007 - Common Stock - Currency: USD
Taking everything into account, CHNG scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CHNG is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that CHNG is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by CHNG over the past year are nicely spread over this period.
CHNG is one of the better performing stocks in the Health Care Technology industry, it outperforms 84% of 39 stocks in the same industry.
CHNG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CHNG has a been trading in the 24.70 - 27.59 range, which is quite wide. It is currently trading near the high of this range.
CHNG has an average volume of 6352370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Although CHNG has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
21.58
27.78
5 important support areas can be observed.
- Support @25.72 from a trend line in the daily time frame.
- A support zone ranging from 24.57 to 24.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 23.77 to 23.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.60 from a horizontal line in the daily time frame.
- Support @21.80 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 27.50 to 27.50. 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
CRS95.77
Mansfield4.42
10 Day High27.59
10 Day Low25.43
20 Day High27.59
20 Day Low24.7
52 Week High27.59
52 Week Low18.97
Performance
1 Week0.62%
2 Weeks7.85%
1 Month11.07%
3 Month15.89%
6 Month26.1%
12 Month30.16%
2 YearN/A
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)0.1
RSI(14)82.66
LBB24.87
UBB28.45
27.49
+0.07 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg0.26%
1 Week0.62%
2 Weeks7.85%
1 Month11.07%
3 Month15.89%
6 Month26.1%
12 Month30.16%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%1.11%
ATR Inc-51.08%
Range Today0.12
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.77
Mansfield4.42
10 Day High27.59
10 Day Low25.43
20 Day High27.59
20 Day Low24.7
52 Week High27.59
52 Week Low18.97
CS1 End25.72
CR1 Start27.5
Volume & EV
DER(3)-4.5%
DER(5)-3.29%
Volume28.98M
Volume Incr255.53%
Vol(5)23.91M
Vol(50)6.35M