(HCA) Investment Analysis

November 23, 2024, 11:46 am ET, BY Chris- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for HCA

• NONE. Details

There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.

• Short HCA slightly under 356.99, target n/a, stop loss @ 358.02 Details

The technical summary data is suggesting a short of HCA as it gets near 356.99, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 358.02. 356.99 is the first level of resistance above 324.93, and by rule, any test of resistance is a short signal. In this case, if resistance 356.99 is being tested, so a short signal would exist.

Swing Trading Plans for HCA

• Buy HCA slightly over 335.81, target 356.99, Stop Loss @ 334.84 Details

If 335.81 begins to break higher, the technical summary data tells us to buy HCA just slightly over 335.81, with an upside target of 356.99. The data also tells us to set a stop loss @ 334.84 in case the stock turns against the trade. 335.81 is the first level of resistance above 324.93, and by rule, any break above resistance is a buy signal. In this case, 335.81, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short HCA slightly near 335.81, target 323.9, Stop Loss @ 336.78. Details

The technical summary data is suggesting a short of HCA if it tests 335.81 with a downside target of 323.9. We should have a stop loss in place at 336.78 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 335.81, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for HCA

• Buy HCA slightly over 329.8, target 335.81, Stop Loss @ 329.03 Details

If 329.8 begins to break higher, the technical summary data tells us to buy HCA just slightly over 329.8, with an upside target of 335.81. The data also tells us to set a stop loss @ 329.03 in case the stock turns against the trade. 329.8 is the first level of resistance above 324.93, and by rule, any break above resistance is a buy signal. In this case, 329.8, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short HCA slightly near 329.8, target 324.31, Stop Loss @ 330.57. Details

The technical summary data is suggesting a short of HCA if it tests 329.8 with a downside target of 324.31. We should have a stop loss in place at 330.57 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 329.8, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Hca Healthcare Inc. (HCA) available here: HCA.

HCA Ratings for November 23:

Term →	Near	Mid	Long
Rating	Weak	Weak	Strong
P1	0	0	356.99
P2	324.31	323.9	388.44
P3	329.8	335.81	418.69

AI Generated Signals for HCA

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Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for HCA change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if HCA is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for HCA too.  All of these are offered below the Summary Table.