ADUS - Addus HomeCare Corporation

Industry: Home Health Care Sector: Healthcare | Exchange: NASDAQ

Sell Candidate
Buy Score Rank #4628 out of #5176
Wed 26'th Jul 2017

PERIOD COVERED
2017-04-27 - 2017-07-26
CHANGE
-4.12%
PRICE
$36.10
VOLUME
Buy
TREND
Hold

MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Sell

BOLLINGER
Sell
Request Prediction
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Addus HomeCare Corporation Stock Analysis

Technical stock analysis for Wed 26'th Jul 2017

Sell candidate since 2017-07-24 Loss -4.37%

Addus HomeCare Corporation fell by -4.12% in the last day from $37.65 to $36.10 and has now fallen 3 days in a row. The price has fallen in 5 of the last 10 days and is down by -3.86% for this period. Volume has increased in the last day by 18 926 shares, but on falling prices. This is may be an early warning and the risk will be increased slightly for the next couple of days. In total, 55 947 shares bought and sold for approximately $2.02 million.

Trend

Addus HomeCare Corporation has broken the wide and weak rising short-term trend down. This signalize a slower rising rate, but may also be an early warning about a possible trend shift. Due to trend being broken there will now be resistance at the bottom line of the trend at $36.96. A reaction back to this level may hold a second chance to get out before further falls.

Signals

There are few to none technical positive signals at the moment. Addus HomeCare Corporation holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $37.78 and $37.64. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Wednesday July 19, 2017, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

A buy signal from a double bottom formation was found on Friday July 14, 2017 and based on theory for this formation the price should go up by 0.41% to $37.96 within 2 trading days since signal was issued (Tuesday July 18, 2017).

Relative Strength Index (RSI)

RSI14 is 42 and the stock is currently not being overbought or oversold

Support & Resistance

Addus HomeCare Corporation finds support from accumulated volume at . On the upside the stock meets some resistance from accumulated volume at $40.20, $37.95 and $37.75.

Support: $36.00 Price: $36.1 Resistance: $40.20
S: $36.00 Price: $36.1 R: $40.20

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $1.45 (4.06%) between high and low. For the last week, the stock has had a daily average volatility of 2.73%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

Overall risk:

Very Low Low Medium High Very High

Overall risk:

           

Evaluation

The stock stock holds several negative signals and despite the positive trend we believe Addus HomeCare Corporation will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Sell Candidate

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