NetCare BullishNetCare broke out a bearish Channel signaling a change in direction and then formed a Continuous Pattern (Bullish Pennant Pattern).
0.66 USD
79.55 M USD
1.36 B USD
About NETCARE LIMITED
Sector
Industry
CEO
Richard Harold Friedland
Website
Headquarters
Johannesburg
Founded
1994
FIGI
BBG000GWV7C8
Netcare Ltd. is an investment holding company, which engages in the operation of hospitals. It operates through the South Africa and United Kingdom geographical segments. The South Africa segment provides hospital and emergency services as well as employee health and wellness. The United Kingdom segment refers to the BMI Healthcare which involves in the operation of private acute care hospitals in the United Kingdom. The company was founded in 1994 and is headquartered in Johannesburg, South Africa.
Related stocks
Netcare Breakout confirmed for upside to R16.53After a couple of tests the price has finally broken above the W Formation (Neckline and Downtrend).
The price is above 20 and 200MA which makes it a high probability analysis...
It looks great for upside to R16.53.
'I'm bullish
Netcare breaks out of year downtrend and ready to rally toR14.73Rev Cup and Handle formed on Netcare, we then had a MAJOR swoosh up in one day.
This broke not only above the 20MA and 200MA but also above the January downtrend.
So the movement is looking very positive for the healthcare stock.
Target R14.73
$JSENTC - Netcare: Speculative Buy IdeaSee link below for previous analysis and bigger Elliott Wave structure.
Is a bottom in at 1101 cps? Time will tell.
Netcare stock has broken above the 12/26/50 EMA and this turnaround was preceded by strong MACD convergence.
There is nothing much in terms of volume or any change in fundamentals s
Our opinion on the current state of NETCARE(NTC)The Netcare Group (NTC) operates healthcare facilities across South Africa and Lesotho. With 59 hospitals (including four public-private partnerships), it employs approximately 22,000 staff and manages 10,600 beds. Additionally, Netcare 911, its emergency response unit, operates from 79 locations wi
$JSENTC - Netcare: 1130 Gives Way, Bear Not Over; What Now?See link below for previous analysis.
Netcare recently broke below 1130 invalidating the outlook I had that a bottom was in at that level.
There's a minor adjustment in the wave count with wave 4 of (C) a flat pattern and wave 5, starting from 1738cps, looks to be taking the shape of an ending dia
Netcare looking sick at the moment - Target R10.36Inv Cup and Handle has formed on Netcare since November 2023.
It is a high probability nature that the price is likely to drop as the price is below both 20MA and 200MA.
First target is to R10.36.
NOTE: I do acknowledge that there could be a short term W Formation which could cause some chop an
Our opinion on the current state of NTCThe Netcare Group, identified by its ticker NTC, is a prominent player in the healthcare sector, operating an extensive network of hospitals and medical response teams throughout South Africa and Lesotho. The group boasts fifty-nine hospitals, including four public/private partnerships, employs 22,0
$JSENTC - Netcare: Going Nowhere SlowlySee link below for previous analysis.
The bulls failed to sustain buying pressure and price dropped back into the consolidation zone.
I am sitting on my hands on this one as it does not look likely to go anywhere anytime soon. Hopefully I am jinxing it.
Our opinion on the current state of NTCThe Netcare Group (NTC) operates hospitals and medical response teams throughout South Africa and Lesotho. It has fifty-nine hospitals, four of which are public/private partnerships, employs 22000 people in South Africa and has 10600 beds. Netcare 911 operates from seventy-nine sites and has over 10
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.