NCINO INC (NCNO) Technical Analysis
NASDAQ:NCNO • US63947X1019
Current stock price
NCNO Technical Rating and Analysis
Taking everything into account, NCNO scores 0 out of 10 in our technical rating. NCNO'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 93% of all other stocks performed better in the past year than NCNO.
- NCNO is one of the lesser performing stocks in the Software industry. 74% of 277 stocks in the same industry do better.
- NCNO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NCNO is lagging the market.
- NCNO has an average volume of 2247580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month NCNO has a been trading in the 13.80 - 17.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NCNO Weekly and Daily overview Charts
NCNO Setup Rating and Analysis
Although the technical rating is bad, NCNO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 16.82. Right above this resistance zone may be a good entry point.
More info and screens
NCNO Support and Resistance Analysis
14.92
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 16.82 to 16.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @21.34 from a trend line in the daily time frame.
- A resistance zone ranging from 22.33 to 22.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @25.16 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 | DOWN | NEGATIVE | The short term trend for NCNO is down. |
| ChartMill Relative Strength | 7.05 | NEGATIVE | NCNO has a low relative strength, it was outperformed by 92.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NCNO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NCNO is below 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) | 32.07 | NEUTRAL | The RSI value for NCNO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests NCNO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.38 | NEUTRAL | The Stochastics value for NCNO is a neutral value. |
| Average True Range in percent/ATR (20) | 6.19 | HIGH VOLATILITY | The high ATR as a percentage value for NCNO suggests high volalility. |
| Average Directional Index/ADX (14) | 45.02 | 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
15.07
-0.15 (-0.99%)
NCINO INC / NCNO TA FAQ
What is the ChartMill technical rating of NCINO INC (NCNO) stock?
ChartMill assigns a technical rating of 0 / 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 NCNO stock?
NCINO INC (NCNO) has an RSI value of 32.0699. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NCINO INC?
The MACD indicator for NCINO INC (NCNO) has a value of 0.161579, indicating a bearish trend.
Can you provide the short term momentum for NCINO INC?
The short term momentum for NCINO INC (NCNO) is negative.