NETSUITE INC (N) Technical Analysis
NYSE:N • US64118Q1076
Current stock price
N Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to N. N'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.
- When comparing the yearly performance of all stocks, N is a bad performer in the overall market: 75% of all stocks are doing better.
- In the last month N has a been trading in the 88.50 - 106.65 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- N is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so N is lagging the market.
N Weekly and Daily overview Charts
N Setup Rating and Analysis
The technical rating of N is bad and it also does not present a quality setup 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
N Support and Resistance Analysis
88.27
When analyzing the support we notice one important area.
- A support zone ranging from 89.16 to 90.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 97.74 to 98.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 102.92 to 102.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @110.56 from a trend line in the weekly time frame.
N 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 N is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for N is down. |
| ChartMill Relative Strength | 25.74 | NEGATIVE | N has a low relative strength, it was outperformed by 74.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of N is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of N is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of N is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 29.17 | OVERSOLD | The low RSI value suggests N may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.82 | NEGATIVE | The MACD value suggests N has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.6 | OVERSOLD | The low Stochastics value suggests N may be oversold. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for N suggests some volalility. |
N Chart- and CandleStick Pattern Analysis
N Technicals: Chart, Performance Metrics, Trend & Indicators
90.34
-3.66 (-3.89%)
NETSUITE INC / N TA FAQ
Can you provide the ChartMill technical rating for NETSUITE INC?
ChartMill assigns a technical rating of 0 / 10 to N.
What is the trend direction for N stock?
The current trend direction for NETSUITE INC (N) is Bearish.
What is the RSI signal for N stock?
NETSUITE INC (N) has an RSI value of 29.1652. This indicates that the stock is currently oversold.
What are the support and resistance levels for NETSUITE INC (N) stock?
NETSUITE INC (N) has a support level at 90.33 and a resistance level at 97.74. Check the full technical report for our detailed analysis of N support and resistance levels.