RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of NHC
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National HealthCare Corp stock price ended at $94.51 on Thursday, after gaining 1.29%.
(Updated on Mar 28, 2024)

Hold candidate since Mar 27, 2024 Gain 1.29% PDF

The National HealthCare Corp stock price gained 1.29% on the last trading day (Thursday, 28th Mar 2024), rising from $93.31 to $94.51. During the last trading day the stock fluctuated 2.27% from a day low at $92.83 to a day high of $94.94. The price has fallen in 6 of the last 10 days but is still up by 1.55% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 72 thousand more shares were traded than the day before. In total, 117 thousand shares were bought and sold for approximately $11.06 million.

The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect National HealthCare Corp stock with a 90% probability to be traded between $88.73 and $99.36 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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NHC Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 3.21%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The National HealthCare Corp stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $94.54. On a fall, the stock will find some support from the short-term average at $93.04. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The stock had a Golden Star Signal on Tuesday, April 25, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Tuesday, April 25, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for National HealthCare Corp stock

National HealthCare Corp finds support from accumulated volume at $93.04 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $2.11 (2.27%) between high and low. For the last week, the stock has had daily average volatility of 1.67%.

Our recommended stop-loss: $90.05 (-4.72%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 2 days ago.)

Trading Expectations (NHC) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect National HealthCare Corp to open at $94.09, and during the day (based on 14 day Average True Range), to move between $92.46 and $96.56, which gives a possible trading interval of +/-$2.05 (+/-2.17%) up or down from last closing price. If National HealthCare Corp takes out the full calculated possible swing range there will be an estimated 4.34% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $95.31 (0.85%) than the support at $93.04 (1.56%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is National HealthCare Corp stock A Buy?

National HealthCare Corp holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.413 Hold/Accumulate Unchanged

Predicted Opening Price for National HealthCare Corp of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$94.09 ( 0.441%) $94.51

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for NHC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 96.20 1.79 %
R2 95.40 0.94 %
R1 94.90 0.412 %
Current price: 94.51
Support S1 93.29 -1.29 %
S2 92.79 -1.82 %
S3 91.98 -2.67 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 97.65 3.32 %
R2 97.39 3.05 %
R1 95.31 0.85 %
Current price 94.51
Support S1 93.04 -1.56%
S2 92.42 -2.21%
S3 92.26 -2.38%

NHC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 09, 2024 Mar 27, 2024 May 01, 2024 $0.590 0.623%
2 Nov 02, 2023 Dec 28, 2023 Feb 01, 2024 $0.590 0.633%
3 Aug 03, 2023 Sep 28, 2023 Nov 01, 2023 $0.590 0.87%
4 May 04, 2023 Jun 29, 2023 Jul 31, 2023 $0.590 1.00%
5 Feb 10, 2023 Mar 30, 2023 May 01, 2023 $0.570 0.98%

FAQ

What is the symbol for National HealthCare Corp Stock and on which exchange is it traded?
The symbol for National HealthCare Corp is NHC and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell National HealthCare Corp Stock?
National HealthCare Corp holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy National HealthCare Corp Stock?
National HealthCare Corp Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy National HealthCare Corp Stock.

What's the current price of National HealthCare Corp Stock?
As of the end of day on the 2024-03-28, the price of an National HealthCare Corp (NHC) share was $94.51.

What is the 52-week high and low for National HealthCare Corp Stock?
The 52-week high for National HealthCare Corp Stock is $101.81 and the 52-week low is $55.60.

What is the market capitalization of National HealthCare Corp Stock?
As of the 2024-03-28, the market capitalization of National HealthCare Corp is 1.451B.

When is the next earnings date for National HealthCare Corp?
The upcoming earnings date for National HealthCare Corp is May 03, 2024.
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