Is Encompass Health Corp. technically bullish or bearish?
As of April 23, 2025, the technical trend has shifted to bullish, supported by strong indicators like a bullish MACD, moving averages, and positive performance against the S&P 500, with a year-to-date return of 30.18%.
As of 23 April 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, and the moving averages are also bullish on the daily chart. The Bollinger Bands indicate a bullish trend on the weekly and mildly bullish on the monthly. The KST is bullish on both weekly and monthly time frames, while the Dow Theory shows a bullish stance on the monthly level. Overall, the strength of the bullish trend is reinforced by the positive performance against the S&P 500 over various time frames, particularly the year-to-date return of 30.18% compared to the S&P 500's 2.44%.
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