NATIONAL INSTRUMENTS CORP (NATI) Stock Technical Analysis
USA - NASDAQ:NATI - US6365181022 - Common Stock
We assign a technical rating of 10 out of 10 to NATI. Both in the recent history as in the last year, NATI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although NATI has an excellent technical rating, the quality of the presented setup is not ideal 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.
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45.17
When analyzing the support we can see 3 important areas.
- A support zone ranging from 58.89 to 59.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 55.87 to 55.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @45.63 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 59.99 to 60.27. 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 NATI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NATI is up. |
| ChartMill Relative Strength | 95.64 | POSITIVE | NATI has a high relative strength, it outperformed 95.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NATI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NATI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NATI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.81 | NEUTRAL | The RSI value for NATI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NATI has a positive trend. |
| Stochastics (14,3) | 81.22 | OVERBOUGHT | The high Stochastics value suggests NATI may be overbought. |
| Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for NATI suggests low volalility. |
| Average Directional Index/ADX (14) | 27.95 | POSITIVE | The high ADX value value for NATI suggests a strong trend. |
59.98
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NATIONAL INSTRUMENTS CORP / NATI FAQ
Can you provide the ChartMill technical rating for NATIONAL INSTRUMENTS CORP?
ChartMill assigns a technical rating of 9 / 10 to NATI.
What is the trend direction for NATI stock?
The current trend direction for NATIONAL INSTRUMENTS CORP (NATI) is Bullish.
Can you provide the RSI signal for NATIONAL INSTRUMENTS CORP?
NATIONAL INSTRUMENTS CORP (NATI) has an RSI value of 67.8141. This indicates that the stock is currently neutral.
What is the MACD signal for NATIONAL INSTRUMENTS CORP (NATI) stock?
The MACD indicator for NATIONAL INSTRUMENTS CORP (NATI) has a value of 0.00549447, indicating a bearish trend.
Can you provide the support and resistance levels for NATIONAL INSTRUMENTS CORP?
NATIONAL INSTRUMENTS CORP (NATI) has a support level at 59.81 and a resistance level at 59.99. Check the full technical report for our detailed analysis of NATI support and resistance levels.