N-ABLE INC (NABL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NABL - US62878D1000 - Common Stock
We assign a technical rating of 0 out of 10 to NABL. NABL 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.
- 89% of all other stocks performed better in the past year than NABL.
- NABL 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 NABL has a been trading in the 6.24 - 7.74 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- NABL is an average performer in the Software industry, it outperforms 42% of 277 stocks in the same industry.
The technical rating of NABL is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.20
3 important resistance areas can be observed.
- A resistance zone ranging from 7.07 to 7.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.63 from a trend line in the weekly time frame.
- A resistance zone ranging from 8.30 to 8.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 NABL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NABL is down. |
| ChartMill Relative Strength | 11.57 | NEGATIVE | NABL has a low relative strength, it was outperformed by 88.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NABL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NABL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NABL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.79 | OVERSOLD | The low RSI value suggests NABL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests NABL has a negative trend. |
| Stochastics (14,3) | 6.31 | OVERSOLD | The low Stochastics value suggests NABL may be oversold. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for NABL suggests some volalility. |
| Average Directional Index/ADX (14) | 29.2 | POSITIVE | The high ADX value value for NABL suggests a strong trend. |
6.26
-0.32 (-4.86%)
N-ABLE INC / NABL FAQ
What is the ChartMill technical rating of N-ABLE INC (NABL) stock?
ChartMill assigns a technical rating of 0 / 10 to NABL.
What is the current trend direction of N-ABLE INC (NABL) stock?
The current trend direction for N-ABLE INC (NABL) is Bearish.
Can you provide the RSI signal for N-ABLE INC?
N-ABLE INC (NABL) has an RSI value of 23.7943. This indicates that the stock is currently oversold.
Can you provide the MACD signal for N-ABLE INC?
The MACD indicator for N-ABLE INC (NABL) has a value of -0.10078, indicating a bearish trend.
What is the buy/sell signal for N-ABLE INC (NABL) stock?
The buy/sell signal for N-ABLE INC (NABL) is sell as both the short term and long term trends are negative.