NCINO INC (NCNO) Stock Technical Analysis
NASDAQ:NCNO - Nasdaq - US63947X1019 - Common Stock - Currency: USD
Taking everything into account, NCNO scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. NCNO was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, NCNO is a bad performer in the overall market: 79% of all stocks are doing better.
NCNO is part of the Software industry. There are 284 other stocks in this industry, of which 61% are performing better than NCNO.
NCNO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
NCNO has an average volume of 2038310 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 currently trading in the middle 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 slightly.
NCNO has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 26.79, a Stop Loss order could be placed below this zone.
More info and screens
22.73
27.74
We found 2 important support areas.
- A support zone ranging from 26.56 to 26.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.96 to 23.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 26.85 to 27.47. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 21.33 | NEGATIVE | NCNO has a low relative strength, it was outperformed by 78.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NCNO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NCNO is above the rising 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) | 55.68 | NEUTRAL | The RSI value for NCNO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests NCNO has a negative trend. |
| Stochastics (14,3) | 46.84 | NEUTRAL | The Stochastics value for NCNO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for NCNO suggests some volalility. |
| Average Directional Index/ADX (14) | 37.75 | POSITIVE | The high ADX value value for NCNO suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
26.8
-0.28 (-1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.03%
1 Week-1.83%
2 Weeks-1.58%
1 Month3.84%
3 Month-5.96%
6 Month-23.91%
12 Month-15.43%
2 Year-11.02%
3 Year-13.32%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%3.11%
ATR Inc-16.93%
Range Today0.88
ADR(20)0.83
ADR(20)%3.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.33
Mansfield-1.82
10 Day High27.78
10 Day Low26.41
20 Day High28.96
20 Day Low25.48
52 Week High43.2
52 Week Low18.75
CS1 End26.79
CR1 Start26.85
Volume & EV
DER(3)-1.15%
DER(5)-0.34%
Volume1.48M
Volume Incr-32.51%
Vol(5)1.37M
Vol(50)2.04M