Logo image of CNHI

CNH INDUSTRIAL NV (CNHI) Stock Technical Analysis

NYSE:CNHI - NL0010545661 - Common Stock

11.45 USD
-0.07 (-0.61%)
Last: 5/17/2024, 8:04:00 PM
11.4013 USD
-0.05 (-0.43%)
After Hours: 5/17/2024, 8:04:00 PM
Technical Rating and Analysis

0

Taking everything into account, CNHI scores 0 out of 10 in our technical rating. CNHI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
81% of all other stocks performed better in the past year than CNHI.
CNHI is one of the lesser performing stocks in the Machinery industry. 66% of 127 stocks in the same industry do better.
CNHI 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.
CNHI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
CNHI has an average volume of 9861070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
CNH INDUSTRIAL NV / CNHI Weekly stock chart
CNH INDUSTRIAL NV / CNHI Daily stock chart
Setup Rating and Analysis

7

Although the technical rating is bad, CNHI does present a nice setup opportunity. Prices have been consolidating lately.

Support and Resistance Analysis

11.31

13.27

When analyzing the support we notice one important area.

  • Support @11.42 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 11.49 to 11.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @12.43 from a trend line in the weekly time frame.
  • A resistance zone ranging from 12.97 to 13.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for CNHI is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for CNHI is down.
ChartMill Relative Strength19.88NEGATIVECNHI has a low relative strength, it was outperformed by 80.12% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of CNHI is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of CNHI is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of CNHI is below a declining SMA(200).
Relative Strength Index/RSI (14)42.65NEUTRALThe RSI value for CNHI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.02POSITIVEThe MACD value suggests CNHI has a positive trend, although the MACD value is declining.
Stochastics (14,3)61.88NEUTRALThe Stochastics value for CNHI is a neutral value.
Average True Range in percent/ATR (20)3.26MEDIUM VOLATILITYThe ATR as a percentage value for CNHI suggests some volalility.
Average Directional Index/ADX (14)16.06NEGATIVEThe low ADX value for CNHI suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
CNH INDUSTRIAL NV / CNHI Daily stock chart

CNH INDUSTRIAL NV

NYSE:CNHI (5/17/2024, 8:04:00 PM)

After market: 11.4013 -0.05 (-0.43%)

11.45

-0.07 (-0.61%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.61%
1 Week-0.61%
2 Weeks-0.26%
1 Month-6.99%
3 Month-5.76%
6 Month10.74%
12 Month-18.21%
2 Year-23.31%
3 Year-33.28%
5 Year32.06%
10 Year4.85%
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%3.26%
ATR Inc-0.42%
Range Today0.27
ADR(20)0.31
ADR(20)%2.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.88
Mansfield-1.96
10 Day High11.94
10 Day Low11.37
20 Day High11.94
20 Day Low11.07
52 Week High15.74
52 Week Low9.77
CS1 End11.42
CR1 Start11.49
Volume & EV
DER(3)-4.62%
DER(5)-0.32%
Volume6.64M
Volume Incr-24.69%
Vol(5)8.54M
Vol(50)9.86M