Overall NBIX gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NBIX is showing a nice and steady performance.
Although NBIX 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
129.69
When analyzing the support we can see 4 important areas.
- A support zone ranging from 142.86 to 145.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @140.33 from a trend line in the daily time frame.
- A support zone ranging from 136.11 to 136.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @131.00 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 152.38 to 154.81. 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 NBIX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NBIX is up. |
| ChartMill Relative Strength | 77.9 | POSITIVE | NBIX has a high relative strength, it outperformed 77.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NBIX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NBIX is above the rising 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) | 60.06 | NEUTRAL | The RSI value for NBIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.71 | POSITIVE | The MACD value suggests NBIX has a positive trend. |
| Stochastics (14,3) | 85.01 | OVERBOUGHT | The high Stochastics value suggests NBIX may be overbought. |
| Average True Range in percent/ATR (20) | 3.43 | MEDIUM VOLATILITY | The ATR as a percentage value for NBIX suggests some volalility. |
| Average Directional Index/ADX (14) | 15.45 | NEGATIVE | The low ADX value for NBIX suggests a weak or negative trend. |
150.88
-1.28 (-0.84%)
NEUROCRINE BIOSCIENCES INC / NBIX FAQ
What is the technical rating for NBIX stock?
ChartMill assigns a technical rating of 8 / 10 to NBIX.
What is the current trend direction of NEUROCRINE BIOSCIENCES INC (NBIX) stock?
The current trend direction for NEUROCRINE BIOSCIENCES INC (NBIX) is Bullish.
What is the RSI signal for NBIX stock?
NEUROCRINE BIOSCIENCES INC (NBIX) has an RSI value of 60.0642. This indicates that the stock is currently neutral.
What is the buy/sell signal for NEUROCRINE BIOSCIENCES INC (NBIX) stock?
The buy/sell signal for NEUROCRINE BIOSCIENCES INC (NBIX) is buy as both the short term and long term trends are positive.
What is the support and resistance level for NBIX stock?
NEUROCRINE BIOSCIENCES INC (NBIX) has a support level at 145.99 and a resistance level at 152.38. Check the full technical report for our detailed analysis of NBIX support and resistance levels.