CNH Technical Analysis - CNH INDUSTRIAL NV

Technical Rating and Analysis

Overall CNH gets a technical rating of 0 out of 10. CNH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, CNH is a bad performer in the overall market: 84% of all stocks are doing better.

CNH is part of the Machinery industry. There are 130 other stocks in this industry, of which 68% are performing better than CNH.

CNH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

CNH has an average volume of 11704700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

In the last month CNH has a been trading in the 9.87 - 11.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Volume is considerably higher in the last couple of days.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

CNH INDUSTRIAL NV / CNH Weekly stock chart

CNH INDUSTRIAL NV / CNH Daily stock chart

Setup Rating and Analysis

CNH has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

9.95

13.59

When analyzing the support we can see 2 important areas.

A support zone ranging from 10.32 to 10.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A support zone ranging from 10.05 to 10.09. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

Resistance @10.97 from a horizontal line in the daily time frame.
Resistance @13.46 from a horizontal line in the daily time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	DOWN	NEGATIVE	The long term trend for CNH is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for CNH is down.
ChartMill Relative Strength	16.63	NEGATIVE	CNH has a low relative strength, it was outperformed by 83.37% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of CNH is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of CNH is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of CNH is below a declining SMA(200).
Relative Strength Index/RSI (14)	42.24	NEUTRAL	The RSI value for CNH is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.02	POSITIVE	The MACD value suggests CNH has a positive trend.
Stochastics (14,3)	48.71	NEUTRAL	The Stochastics value for CNH is a neutral value.
Average True Range in percent/ATR (20)	2.48	MEDIUM VOLATILITY	The ATR as a percentage value for CNH suggests some volalility.
Average Directional Index/ADX (14)	39.78	POSITIVE	The high ADX value value for CNH suggests a strong trend.