NFI Technical Analysis - NFI GROUP INC

Technical Rating and Analysis

Overall NFI gets a technical rating of 0 out of 10. NFI'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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, NFI is a bad performer in the overall market: 93% of all stocks are doing better.

NFI is one of the lesser performing stocks in the Machinery industry. 76% of 22 stocks in the same industry do better.

In the last month NFI has a been trading in the 13.53 - 17.07 range, which is quite wide. It is currently trading near the lows of this range.

NFI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NFI is lagging the market.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

Setup Rating and Analysis

NFI has a poor technical rating and the quality of the setup is also not perfect 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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

13.67

19.50

We found 1 important support area.

A support zone ranging from 13.81 to 13.90. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

Resistance @15.73 from a horizontal line in the daily time frame.
Resistance @17.43 from a trend line in the daily time frame.
Resistance @19.31 from a horizontal line in the weekly time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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 NFI.CA is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for NFI.CA is down.
ChartMill Relative Strength	7.02	NEGATIVE	NFI.CA has a low relative strength, it was outperformed by 92.98% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of NFI.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of NFI.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of NFI.CA is below a declining SMA(200).
Relative Strength Index/RSI (14)	27.82	OVERSOLD	The low RSI value suggests NFI.CA may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.04	NEGATIVE	The MACD value suggests NFI.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)	21.02	NEUTRAL	The Stochastics value for NFI.CA is a neutral value.
Average True Range in percent/ATR (20)	4.41	MEDIUM VOLATILITY	The ATR as a percentage value for NFI.CA suggests some volalility.
Average Directional Index/ADX (14)	48	POSITIVE	The high ADX value value for NFI.CA suggests a strong trend.