Healthcare Services Group Stock Technical Analysis

HCSG Stock  USD 11.22  0.73  6.11%   
As of the 25th of April, Healthcare Services retains the market risk adjusted performance of 0.1714, and Risk Adjusted Performance of 0.0751. Healthcare Services technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Healthcare Services, which can be compared to its competitors. Please check out Healthcare Services information ratio, and the relationship between the downside deviation and value at risk to decide if Healthcare Services is priced fairly, providing market reflects its last-minute price of 11.22 per share. Given that Healthcare Services Group has jensen alpha of 0.1809, we strongly advise you to confirm Healthcare Services's regular market performance to make sure the company can sustain itself at a future point.

Healthcare Services Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Healthcare, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Healthcare
  
Healthcare Services' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Healthcare Services Analyst Consensus

Target PriceAdvice# of Analysts
15.0Buy5Odds
Healthcare Services Group current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Healthcare analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Healthcare stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Healthcare Services, talking to its executives and customers, or listening to Healthcare conference calls.
Healthcare Analyst Advice Details
Healthcare Services technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Healthcare Services technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Healthcare Services trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Healthcare Services Technical Analysis

Indicator
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The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Healthcare Services volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Healthcare Services Trend Analysis

Use this graph to draw trend lines for Healthcare Services Group. You can use it to identify possible trend reversals for Healthcare Services as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Healthcare Services price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Healthcare Services Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Healthcare Services Group applied against its price change over selected period. The best fit line has a slop of   0.04  , which means Healthcare Services Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 46.4, which is the sum of squared deviations for the predicted Healthcare Services price change compared to its average price change.

About Healthcare Services Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Healthcare Services Group on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Healthcare Services Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Healthcare Services price pattern first instead of the macroeconomic environment surrounding Healthcare Services. By analyzing Healthcare Services's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Healthcare Services's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Healthcare Services specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.04680.0710.06390.0671
Price To Sales Ratio0.810.530.460.9

Healthcare Services April 25, 2024 Technical Indicators

Most technical analysis of Healthcare help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Healthcare from various momentum indicators to cycle indicators. When you analyze Healthcare charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Healthcare Services April 25, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Healthcare stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Healthcare Services is a strong investment it is important to analyze Healthcare Services' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Healthcare Services' future performance. For an informed investment choice regarding Healthcare Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Healthcare Services Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Complementary Tools for Healthcare Stock analysis

When running Healthcare Services' price analysis, check to measure Healthcare Services' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Healthcare Services is operating at the current time. Most of Healthcare Services' value examination focuses on studying past and present price action to predict the probability of Healthcare Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Healthcare Services' price. Additionally, you may evaluate how the addition of Healthcare Services to your portfolios can decrease your overall portfolio volatility.
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Is Healthcare Services' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Healthcare Services. If investors know Healthcare will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Healthcare Services listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.458
Earnings Share
0.52
Revenue Per Share
22.499
Return On Assets
0.0397
Return On Equity
0.0877
The market value of Healthcare Services is measured differently than its book value, which is the value of Healthcare that is recorded on the company's balance sheet. Investors also form their own opinion of Healthcare Services' value that differs from its market value or its book value, called intrinsic value, which is Healthcare Services' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Healthcare Services' market value can be influenced by many factors that don't directly affect Healthcare Services' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Healthcare Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Healthcare Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Healthcare Services' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.