Taking everything into account, NAGE scores 0 out of 10 in our technical rating. NAGE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, NAGE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 6.76, a Stop Loss order could be placed below this zone.
6.52
We found 2 important support areas.
2 important resistance areas can be observed.
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 NAGE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NAGE is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | NAGE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NAGE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NAGE is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 40.64 | NEUTRAL | The RSI value for NAGE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests NAGE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.2 | NEUTRAL | The Stochastics value for NAGE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.79 | HIGH VOLATILITY | The high ATR as a percentage value for NAGE suggests high volalility. |
| Average Directional Index/ADX (14) | 13.05 | NEGATIVE | The low ADX value for NAGE suggests a weak or negative trend. |
6.77
-0.12 (-1.74%)
ChartMill assigns a technical rating of 0 / 10 to NAGE.
The current trend direction for NIAGEN BIOSCIENCE INC (NAGE) is Bearish.
NIAGEN BIOSCIENCE INC (NAGE) has an RSI value of 40.643. This indicates that the stock is currently neutral.
The buy/sell signal for NIAGEN BIOSCIENCE INC (NAGE) is sell as both the short term and long term trends are negative.
NIAGEN BIOSCIENCE INC (NAGE) has a support level at 6.76 and a resistance level at 7.58. Check the full technical report for our detailed analysis of NAGE support and resistance levels.