Manor Care Inc

For today's chart we've chosen to take a look at HCR because it has recently bounced off the support of its 200-day moving average and now several technical indicators are suggesting that we could see a move higher. As you can see from the chart below, we've added the MACD indicator, which has recently crossed above its signal line. This bullish crossover suggests that we could see increased buying pressure and a likely rise toward the resistance of the 50-day moving average (green line).

We've also added the RSI, which has recently moved out of its oversold level (below 30). This rising RSI may be used by technical traders to confirm the expected move higher.