NIAGEN BIOSCIENCE INC (NAGE) Stock Technical Analysis
NASDAQ:NAGE - Nasdaq - US1710774076 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to NAGE. NAGE performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, NAGE is a bad performer in the overall market: 100% of all stocks are doing better.
NAGE is part of the Life Sciences Tools & Services industry. There are 54 other stocks in this industry, of which 98% are performing better than NAGE.
NAGE has an average volume of 1173970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
In the last month NAGE has a been trading in the 8.77 - 11.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
The technical rating of NAGE 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
8.94
9.93
We found 2 important support areas.
- Support @9.31 from a trend line in the daily time frame.
- A support zone ranging from 9.03 to 9.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.83 to 9.83. 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 | UP | POSITIVE | The long term trend for NAGE is up. |
| 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 | MIXED | The current price of NAGE is above 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) | 44.47 | NEUTRAL | The RSI value for NAGE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests NAGE has a positive trend. |
| Stochastics (14,3) | 37.7 | NEUTRAL | The Stochastics value for NAGE is a neutral value. |
| Average True Range in percent/ATR (20) | 6.56 | HIGH VOLATILITY | The high ATR as a percentage value for NAGE suggests high volalility. |
| Average Directional Index/ADX (14) | 27.48 | POSITIVE | The high ADX value value for NAGE suggests a strong trend. |
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)
9.82
+0.09 (+0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg0.92%
1 Week1.87%
2 Weeks1.34%
1 Month-12.79%
3 Month-10.32%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%6.56%
ATR Inc26%
Range Today0.56
ADR(20)0.63
ADR(20)%6.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High11.29
10 Day Low8.77
20 Day High11.58
20 Day Low8.77
52 Week HighN/A
52 Week LowN/A
CS1 End9.31
CR1 Start9.83
Volume & EV
DER(3)-3.74%
DER(5)-2.08%
Volume1.43M
Volume Incr69.6%
Vol(5)1.94M
Vol(50)1.17M