NATIONAL INSTRUMENTS CORP (NATI) Technical Analysis
NASDAQ:NATI • US6365181022
Current stock price
NATI Technical Rating and Analysis
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.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that NATI is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, NATI also shows a nice and consistent pattern of rising prices.
- NATI is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 85% of 124 stocks in the same industry.
- NATI is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NATI is leading the market.
- NATI has an average volume of 1408640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month NATI has a been trading in a tight range between 59.53 and 59.99.
- Volume is considerably higher in the last couple of days.
NATI Weekly and Daily overview Charts
NATI Setup Rating and Analysis
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.
More info and screens
NATI Support and Resistance Analysis
45.17
3 important support areas can be observed.
- 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.
We found 1 important resistance 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.
NATI Technical Indicator Signal Analysis
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. |
NATI Chart- and CandleStick Pattern Analysis
NATI Technicals: Chart, Performance Metrics, Trend & Indicators
59.98
0 (0%)
NATIONAL INSTRUMENTS CORP / NATI TA FAQ
Can you provide the ChartMill technical rating for NATIONAL INSTRUMENTS CORP?
ChartMill assigns a technical rating of 9 / 10 to NATI.
Can you provide the trend direction for NATIONAL INSTRUMENTS CORP?
The current trend direction for NATIONAL INSTRUMENTS CORP (NATI) is Bullish.
What is the RSI signal for NATI stock?
NATIONAL INSTRUMENTS CORP (NATI) has an RSI value of 67.8141. This indicates that the stock is currently neutral.
What is the buy/sell signal for NATIONAL INSTRUMENTS CORP (NATI) stock?
The buy/sell signal for NATIONAL INSTRUMENTS CORP (NATI) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for NATIONAL INSTRUMENTS CORP (NATI) stock?
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.