We assign a technical rating of 0 out of 10 to NBIX. NBIX'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.
NBIX has a poor technical rating and the quality of the setup is also only medium 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
134.62
We found 1 important support area.
- A support zone ranging from 135.98 to 137.34. 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 153.14 to 155.64. 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 | NEUTRAL | NEUTRAL | The long term trend for NBIX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NBIX is down. |
| ChartMill Relative Strength | 31.83 | NEUTRAL | NBIX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NBIX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NBIX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NBIX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.39 | NEUTRAL | The RSI value for NBIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.33 | NEGATIVE | The MACD value suggests NBIX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.12 | OVERSOLD | The low Stochastics value suggests NBIX may be oversold. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for NBIX suggests some volalility. |
| Average Directional Index/ADX (14) | 21.37 | NEUTRAL | The ADX value for NBIX suggests a possible start of a new trend. |
137.35
+1.36 (+1%)
NEUROCRINE BIOSCIENCES INC / NBIX FAQ
What is the technical rating for NBIX stock?
ChartMill assigns a technical rating of 0 / 10 to NBIX.
What is the trend direction for NBIX stock?
The current trend direction for NEUROCRINE BIOSCIENCES INC (NBIX) is Bearish.
What is the RSI signal for NBIX stock?
NEUROCRINE BIOSCIENCES INC (NBIX) has an RSI value of 35.3906. This indicates that the stock is currently neutral.
What is the support and resistance level for NBIX stock?
NEUROCRINE BIOSCIENCES INC (NBIX) has a support level at 137.34 and a resistance level at 153.14. Check the full technical report for our detailed analysis of NBIX support and resistance levels.