NIAGEN BIOSCIENCE INC (NAGE) Stock Technical Analysis
USA - NASDAQ:NAGE - US1710774076 - Common Stock
We assign a technical rating of 0 out of 10 to NAGE. NAGE'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.
Although the technical rating is bad, NAGE does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 7.56. Right above this resistance zone may be a good entry point.
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6.76
When analyzing the support we notice one important area.
- Support @6.83 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.56 to 7.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.80 from a trend line in the daily time frame.
- Resistance @10.26 from a horizontal line in the daily 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 | 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) | 37.04 | NEUTRAL | The RSI value for NAGE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NAGE has a positive trend. |
| Stochastics (14,3) | 8.58 | OVERSOLD | The low Stochastics value suggests NAGE may be oversold. |
| Average True Range in percent/ATR (20) | 5.99 | HIGH VOLATILITY | The high ATR as a percentage value for NAGE suggests high volalility. |
| Average Directional Index/ADX (14) | 19.51 | NEGATIVE | The low ADX value for NAGE suggests a weak or negative trend. |
6.84
+0.24 (+3.64%)
NIAGEN BIOSCIENCE INC / NAGE FAQ
What is the technical rating for NAGE stock?
ChartMill assigns a technical rating of 0 / 10 to NAGE.
What is the trend direction for NAGE stock?
The current trend direction for NIAGEN BIOSCIENCE INC (NAGE) is Bearish.
What is the RSI signal for NAGE stock?
NIAGEN BIOSCIENCE INC (NAGE) has an RSI value of 37.0385. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for NIAGEN BIOSCIENCE INC?
The buy/sell signal for NIAGEN BIOSCIENCE INC (NAGE) is sell as both the short term and long term trends are negative.
What is the support and resistance level for NAGE stock?
NIAGEN BIOSCIENCE INC (NAGE) has a support level at 6.83 and a resistance level at 7.56. Check the full technical report for our detailed analysis of NAGE support and resistance levels.