NCINO INC (NCNO) Stock Technical Analysis
USA - NASDAQ:NCNO - US63947X1019 - Common Stock
Overall NCNO gets a technical rating of 1 out of 10. 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.
NCNO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 26.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.57, a Stop Loss order could be placed below this zone.
More info and screens
23.52
When analyzing the support we can see 2 important areas.
- A support zone ranging from 26.16 to 26.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 23.76 to 23.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 26.69 to 27.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.88 from a trend line in the weekly time frame.
- Resistance @31.42 from a trend line in the weekly time frame.
- Resistance @32.02 from a trend line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for NCNO is neutral. |
| ChartMill Relative Strength | 14.53 | NEGATIVE | NCNO has a low relative strength, it was outperformed by 85.47% 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 | 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) | 51.69 | NEUTRAL | The RSI value for NCNO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests NCNO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.32 | NEUTRAL | The Stochastics value for NCNO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.66 | MEDIUM VOLATILITY | The ATR as a percentage value for NCNO suggests some volalility. |
| Average Directional Index/ADX (14) | 24.84 | NEUTRAL | The ADX value for NCNO suggests a possible start of a new trend. |
26.68
-0.12 (-0.45%)
NCINO INC / NCNO FAQ
What is the ChartMill technical rating of NCINO INC (NCNO) stock?
ChartMill assigns a technical rating of 1 / 10 to NCNO.
Can you provide the trend direction for NCINO INC?
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 51.6881. 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 0.329089, indicating a bearish trend.
What is the short term momentum for NCINO INC (NCNO) stock?
The short term momentum for NCINO INC (NCNO) is neutral.