CNH INDUSTRIAL NV (CNHI.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:CNHI - NL0010545661 - Common Stock
Overall CNHI gets a technical rating of 4 out of 10. In the past year, CNHI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
CNHI has an average technical rating and the quality of the presented setup is also not ideal 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
9.94
We found 2 important support areas.
- A support zone ranging from 10.67 to 10.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.04 to 10.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 11.09 to 11.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.64 from a trend line in the weekly time frame.
- Resistance @14.08 from a horizontal line in the daily time frame.
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 CNHI.MI is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNHI.MI is up. |
| ChartMill Relative Strength | 14.58 | NEGATIVE | CNHI.MI has a low relative strength, it was outperformed by 85.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNHI.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CNHI.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNHI.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 70.3 | OVERBOUGHT | The high RSI value suggests CNHI.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests CNHI.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.76 | OVERBOUGHT | The high Stochastics value suggests CNHI.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.26 | MEDIUM VOLATILITY | The ATR as a percentage value for CNHI.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 28.09 | POSITIVE | The high ADX value value for CNHI.MI suggests a strong trend. |
BIT:CNHI (12/29/2023, 7:00:00 PM)
11.08
+0.14 (+1.28%)
CNH INDUSTRIAL NV / CNHI.MI FAQ
What is the technical rating for CNHI stock?
ChartMill assigns a technical rating of 4 / 10 to CNHI.MI.
What is the current trend direction of CNH INDUSTRIAL NV (CNHI.MI) stock?
The current trend direction for CNH INDUSTRIAL NV (CNHI.MI) is Bearish.
What is the RSI signal for CNH INDUSTRIAL NV (CNHI.MI) stock?
CNH INDUSTRIAL NV (CNHI.MI) has an RSI value of 70.2956. This indicates that the stock is currently overbought.
What is the MACD signal for CNHI stock?
The MACD indicator for CNH INDUSTRIAL NV (CNHI.MI) has a value of 0.0799614, indicating a bearish trend.
Can you provide the short term momentum for CNH INDUSTRIAL NV?
The short term momentum for CNH INDUSTRIAL NV (CNHI.MI) is positive.