NCINO INC (NCNO) Technical Analysis
NASDAQ:NCNO • US63947X1019
Current stock price
NCNO Technical Rating and Analysis
Overall NCNO gets a technical rating of 2 out of 10. In the past year, NCNO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 90% of all other stocks performed better in the past year than NCNO.
- NCNO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NCNO is lagging the market.
- In the last month NCNO has a been trading in the 13.80 - 18.44 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- NCNO has an average volume of 2725370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- NCNO is part of the Software industry. There are 275 other stocks in this industry, NCNO did better than 40% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NCNO Weekly and Daily overview Charts
NCNO Setup Rating and Analysis
The technical rating of NCNO is bad and it also does not present a quality setup 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
NCNO Support and Resistance Analysis
17.19
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 17.37 to 17.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 21.15 to 21.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.14 from a trend line in the daily time frame.
- Resistance @24.17 from a trend line in the weekly time frame.
- A resistance zone ranging from 26.12 to 26.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @27.10 from a horizontal line in the daily time frame.
NCNO 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 | DOWN | NEGATIVE | The long term trend for NCNO is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NCNO is up. |
| ChartMill Relative Strength | 10.63 | NEGATIVE | NCNO has a low relative strength, it was outperformed by 89.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NCNO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NCNO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NCNO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.92 | NEUTRAL | The RSI value for NCNO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests NCNO has a positive trend. |
| Stochastics (14,3) | 69.18 | NEUTRAL | The Stochastics value for NCNO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.59 | HIGH VOLATILITY | The high ATR as a percentage value for NCNO suggests high volalility. |
| Average Directional Index/ADX (14) | 34.94 | POSITIVE | The high ADX value value for NCNO suggests a strong trend. |
NCNO Chart- and CandleStick Pattern Analysis
NCNO Technicals: Chart, Performance Metrics, Trend & Indicators
17.36
+0.26 (+1.52%)
NCINO INC / NCNO TA FAQ
What is the ChartMill technical rating of NCINO INC (NCNO) stock?
ChartMill assigns a technical rating of 2 / 10 to NCNO.
What is the trend direction for NCNO stock?
The current trend direction for NCINO INC (NCNO) is Bearish.
What is the RSI signal for NCINO INC (NCNO) stock?
NCINO INC (NCNO) has an RSI value of 59.9237. This indicates that the stock is currently neutral.
What is the MACD signal for NCNO stock?
The MACD indicator for NCINO INC (NCNO) has a value of 0.416536, indicating a bearish trend.
Can you provide the support and resistance levels for NCINO INC?
NCINO INC (NCNO) has a resistance level at 17.37. Check the full technical report for our detailed analysis of NCNO support and resistance levels.