NA9 Technical Analysis - NAGARRO SE

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to NA9. NA9 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

When comparing the yearly performance of all stocks, NA9 is a bad performer in the overall market: 95% of all stocks are doing better.

NA9 is part of the IT Services industry. There are 71 other stocks in this industry, of which 75% are performing better than NA9.

NA9 is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month NA9 has a been trading in the 48.92 - 55.05 range, which is quite wide. It is currently trading near the lows of this range.

Warning: NA9 has an average volume of 27917 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

NA9 has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

48.88

56.31

When analyzing the support we notice one important area.

A support zone ranging from 49.37 to 49.37. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

A resistance zone ranging from 49.76 to 51.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 54.01 to 55.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	DOWN	NEGATIVE	The long term trend for NA9.DE is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for NA9.DE is down.
ChartMill Relative Strength	5.05	NEGATIVE	NA9.DE has a low relative strength, it was outperformed by 94.95% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of NA9.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of NA9.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of NA9.DE is below a declining SMA(200).
Relative Strength Index/RSI (14)	35.78	NEUTRAL	The RSI value for NA9.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.09	NEGATIVE	The MACD value suggests NA9.DE has a negative trend, although the MACD value is rising.
Stochastics (14,3)	7.16	OVERSOLD	The low Stochastics value suggests NA9.DE may be oversold.
Average True Range in percent/ATR (20)	3	MEDIUM VOLATILITY	The ATR as a percentage value for NA9.DE suggests some volalility.
Average Directional Index/ADX (14)	29.06	POSITIVE	The high ADX value value for NA9.DE suggests a strong trend.