HealthSouth Technical Analysis (NYSE:HLS)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. A HLS stock chart pattern can give those who understand technical analysis an indication of which way HLS stock is headed, but cannot predict with 100% certainty as to what can happen to the HealthSouth stock price.
See HealthSouth bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of HealthSouth stock analysis.
HealthSouth Moving Average:
HLS stock price movements can be forecasted by using triggers based on moving averages, which are also some of the simplest technical indicators. The way the averages are calculated in each of the 2 popular cases, that is SMA and EMA varies, however the interpretation of HealthSouth chart patterns after the calculations remain the same. The 100 day moving average of 45.5 is above the last closing price of 43.83. One needs to choose the duration of a moving average depending on the investment objective and investment horizon. For periods greater than 100, it takes a larger and longer HLS stock price movement for the moving average to change course.
HealthSouth Bollinger Bands:
Bollinger bands consist of two price bands above and below a center line for any company stock like HealthSouth. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. HealthSouth bollinger bands show that the stock price is $43.83, upper band is 21.1, lower band is 18.18, and the average is 19.64.
HealthSouth Moving Average Convergence Divergence or MACD:
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The HealthSouth MACD line is below the signal line.
HealthSouth Relative Strength Index:
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 62.78 is the RSI value of HLS stock. .