Nov. 15 at 1:24 AM
$NHI is currently trading at
$76.85, showing a moderate bullish sentiment with an RSI of 57.92, indicating that the stock is neither overbought nor oversold. The price is above the 30-day moving average (MA30) of
$75.23, suggesting short-term strength, while it is slightly below the 50-day moving average (MA50) of
$76.69, indicating potential resistance. The recent 60-day high of
$80.56 provides an upside target, while the 60-day low of
$71.50 offers a clear support level.
Directional bias leans bullish due to the RSI positioning and the price being above the MA30. Suggested entry is at
$77.00, with a stop loss set at
$75.00 to manage risk. Target 1 is set at
$79.00, just below the 60D high, and Target 2 at
$80.00, aiming for a strong resistance level.
This plan leverages the current market context and technical indicators effectively.
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