NETSUITE INC (N) Stock Technical Analysis
NYSE:N - New York Stock Exchange, Inc. - US64118Q1076
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.
75% of all other stocks performed better in the past year than N.
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 long term trend is neutral, but the short term trend is negative. Better to stay away from this!
N 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 N is lagging the market slightly.
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
88.27
111.67
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.
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. |
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)
90.34
-3.66 (-3.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.89%
1 Week-4.93%
2 Weeks-12.22%
1 Month-14.12%
3 Month-16.84%
6 Month19.23%
12 Month4.57%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.21
ATR(20)%3.11%
ATR Inc133.01%
Range Today3.88
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.74
Mansfield0.77
10 Day High103.06
10 Day Low88.5
20 Day High106.65
20 Day Low88.5
52 Week High110.99
52 Week Low51.75
CS1 End90.33
CR1 Start97.74
Volume & EV
DER(3)2.04%
DER(5)0.56%
Volume938.20K
Volume Incr9.9%
Vol(5)828.04K
Vol(50)693.59K