INARI MEDICAL INC (NARI) Stock Technical Analysis
NASDAQ:NARI - Nasdaq - US45332Y1091 - Common Stock - Currency: USD
Overall NARI gets a technical rating of 9 out of 10. Both in the recent history as in the last year, NARI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
NARI is part of the Health Care Equipment & Supplies industry. There are 189 other stocks in this industry. NARI outperforms 94% of them.
A new 52 week high is currently being made by NARI, which is a very good signal! Especially since the S&P500 is only trading in the middle part of its 52 week range, so NARI is leading the market.
NARI has an average volume of 2600310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, NARI did better than 95% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month NARI has a been trading in a tight range between 79.40 and 79.99.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, NARI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 79.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 79.89, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
43.41
80.78
5 important support areas can be observed.
- A support zone ranging from 79.45 to 79.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 54.05 to 54.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.08 from a horizontal line in the daily time frame.
- Support @49.00 from a horizontal line in the daily time frame.
- Support @43.85 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 79.98 to 79.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.58
Mansfield4.29
10 Day High79.99
10 Day Low79.76
20 Day High79.99
20 Day Low79.4
52 Week High79.99
52 Week Low36.73
Performance
1 Week0.14%
2 Weeks0.44%
1 Month0.53%
3 Month61.03%
6 Month84.52%
12 Month40.08%
2 Year42.14%
3 Year-9.1%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.88
RSI(14)79.6
LBB79.61
UBB80.04
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 79.99 | 79.75 | 0.24 (0.30%) | 25.00% |
| An entry @79.99. This is a Buy Stop order right above the resistance zone. | An exit @79.75. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.24 points, which is 0.30%. | For a 0.08% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
79.97
+0.04 (+0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.05%
1 Week0.14%
2 Weeks0.44%
1 Month0.53%
3 Month61.03%
6 Month84.52%
12 Month40.08%
2 Year42.14%
3 Year-9.1%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.18%
ATR Inc-62.16%
Range Today0.03
ADR(20)0.13
ADR(20)%0.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.58
Mansfield4.29
10 Day High79.99
10 Day Low79.76
20 Day High79.99
20 Day Low79.4
52 Week High79.99
52 Week Low36.73
CS1 End79.89
CR1 Start79.98
Volume & EV
DER(3)-0.03%
DER(5)0.23%
Volume2.36M
Volume Incr-26.99%
Vol(5)1.42M
Vol(50)2.60M