CHE
Chemed Corporation Healthcare - Medical Care Facilities Investor Relations →
Chemed Corporation (CHE) closed at $447.74 as of 2026-02-02, trading 14.3% below its 200-week moving average of $522.32. This places CHE in the extreme value zone. The stock moved further from the line this week, up from -18.3% last week. The 14-week RSI sits at 57, indicating neutral momentum.
Over the past 2705 weeks of data, CHE has crossed below its 200-week moving average 36 times. On average, these episodes lasted 14 weeks. Historically, investors who bought CHE at the start of these episodes saw an average one-year return of +16.2%.
With a market cap of $6.5 billion, CHE is a mid-cap stock. The company generates a free cash flow yield of 4.3%. Return on equity stands at 24.1%, indicating strong profitability. The stock trades at 5.9x book value.
Management has been repurchasing shares, with a 2.4% reduction over three years. CHE passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 33.2 years, a hypothetical investment of $100 in CHE would have grown to $5825, compared to $2849 for the S&P 500. That represents an annualized return of 13.0% vs 10.6% for the index — confirming CHE as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 13.8% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Growth of $100: CHE vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After CHE Crosses Below the Line?
Across 15 historical episodes, buying CHE when it crossed below its 200-week moving average produced an average return of +16.9% after 12 months (median +14.0%), compared to +5.3% for the S&P 500 over the same periods. 79% of those episodes were profitable after one year. After 24 months, the average return was +33.6% vs +10.6% for the index.
Each line shows $100 invested at the moment CHE crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
CHE has crossed below its 200-week MA 36 times with an average 1-year return of +16.2% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 1974 | Jul 1975 | 65 | 71.7% | -51.1% | +20256.7% |
| Jul 1975 | Jan 1976 | 23 | 27.6% | +24.7% | +24439.5% |
| May 1976 | Jun 1976 | 3 | 3.9% | +37.2% | +22866.5% |
| Oct 1976 | Nov 1976 | 3 | 2.2% | +23.7% | +22292.3% |
| Mar 1982 | Mar 1982 | 1 | 0.2% | +93.1% | +12340.2% |
| Jul 1984 | Jul 1984 | 1 | 0.4% | +13.4% | +8193.5% |
| Sep 1984 | Jan 1985 | 18 | 7.7% | +9.4% | +8310.3% |
| Apr 1985 | Jun 1985 | 8 | 3.4% | +38.1% | +7933.1% |
| Aug 1985 | Aug 1985 | 1 | 0.1% | +13.6% | +7522.9% |
| Sep 1985 | Nov 1985 | 8 | 8.6% | +3.4% | +7588.4% |
| Dec 1985 | Dec 1985 | 1 | 0.3% | +21.8% | +7395.3% |
| Aug 1986 | Aug 1986 | 1 | 0.3% | +36.4% | +6843.4% |
| Sep 1986 | Sep 1986 | 2 | 7.1% | +35.7% | +7094.3% |
| Oct 1986 | Oct 1986 | 1 | 0.5% | +17.8% | +6843.4% |
| Oct 1987 | Dec 1987 | 10 | 16.8% | +9.8% | +7241.8% |
| May 1988 | Sep 1988 | 20 | 11.0% | +6.3% | +6609.3% |
| Oct 1988 | Jan 1989 | 13 | 10.9% | +12.9% | +6584.3% |
| Jan 1989 | Feb 1989 | 2 | 2.1% | +3.7% | +6539.6% |
| Mar 1989 | Mar 1989 | 1 | 0.8% | +0.2% | +6473.1% |
| Jan 1990 | Feb 1990 | 1 | 2.2% | -39.5% | +6302.7% |
| Mar 1990 | Nov 1991 | 88 | 41.2% | -21.6% | +6459.4% |
| Jul 1998 | Nov 1998 | 19 | 21.1% | +7.1% | +3525.0% |
| Jan 1999 | May 1999 | 16 | 18.7% | +4.6% | +3594.6% |
| May 1999 | Jun 1999 | 2 | 0.6% | +1.6% | +3431.1% |
| Aug 1999 | May 2000 | 41 | 20.6% | +1.4% | +3502.0% |
| Jun 2000 | Sep 2000 | 12 | 7.7% | +17.0% | +3597.5% |
| Jul 2001 | Aug 2001 | 2 | 10.4% | +22.6% | +3724.1% |
| Aug 2001 | Nov 2001 | 13 | 12.1% | +14.2% | +3446.0% |
| Jul 2002 | Jul 2002 | 1 | 2.3% | +27.0% | +3373.7% |
| Sep 2002 | Sep 2002 | 1 | 0.5% | +24.4% | +3281.4% |
| Oct 2002 | Oct 2002 | 1 | 1.4% | +25.6% | +3314.7% |
| Sep 2006 | Oct 2006 | 1 | 0.3% | +93.6% | +1458.5% |
| Mar 2008 | Oct 2009 | 83 | 30.3% | -13.0% | +1048.6% |
| Oct 2009 | Nov 2009 | 5 | 2.2% | +31.3% | +990.4% |
| Sep 2022 | Oct 2022 | 4 | 2.8% | +19.4% | +3.7% |
| Jun 2025 | Ongoing | 32+ | 21.0% | Ongoing | -5.1% |
| Average | 14 | — | +16.2% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02