CNH INDUSTRIAL NV (CNH) Technical Analysis
NYSE:CNH • NL0010545661
Current stock price
CNH Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to CNH. In the last year, CNH was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- In the last month CNH has a been trading in the 9.81 - 11.32 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- CNH has an average volume of 15572900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, CNH outperforms 51% of them, which is more or less in line with the market.
- CNH is an average performer in the Machinery industry, it outperforms 47% of 131 stocks in the same industry.
- CNH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CNH is lagging the market slightly.
CNH Weekly and Daily overview Charts
CNH Setup Rating and Analysis
Although the technical rating is bad, CNH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for CNH in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
CNH Support and Resistance Analysis
9.12
We found 3 important support areas.
- Support @10.63 from a trend line in the daily time frame.
- Support @10.06 from a trend line in the daily time frame.
- A support zone ranging from 9.21 to 9.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 10.70 to 10.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.17 from a horizontal line in the daily time frame.
- A resistance zone ranging from 12.83 to 12.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 13.38 to 13.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
CNH 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 | NEUTRAL | NEUTRAL | The long term trend for CNH is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CNH is down. |
| ChartMill Relative Strength | 51.29 | NEUTRAL | CNH is not amongst the best or worst performers 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) | 44.86 | NEUTRAL | The RSI value for CNH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests CNH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.6 | NEUTRAL | The Stochastics value for CNH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.95 | MEDIUM VOLATILITY | The ATR as a percentage value for CNH suggests some volalility. |
| Average Directional Index/ADX (14) | 29.11 | POSITIVE | The high ADX value value for CNH suggests a strong trend. |
CNH Chart- and CandleStick Pattern Analysis
CNH Technicals: Chart, Performance Metrics, Trend & Indicators
10.65
-0.37 (-3.36%)
CNH INDUSTRIAL NV / CNH TA FAQ
Can you provide the ChartMill technical rating for CNH INDUSTRIAL NV?
ChartMill assigns a technical rating of 2 / 10 to CNH.
What is the current trend direction of CNH INDUSTRIAL NV (CNH) stock?
The current trend direction for CNH INDUSTRIAL NV (CNH) is Bearish.
What is the RSI signal for CNH stock?
CNH INDUSTRIAL NV (CNH) has an RSI value of 44.8582. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for CNH INDUSTRIAL NV?
CNH INDUSTRIAL NV (CNH) has a support level at 10.63 and a resistance level at 10.7. Check the full technical report for our detailed analysis of CNH support and resistance levels.