NICOLET BANKSHARES INC (NIC) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:NIC • US65406E1029
Overall NIC gets a technical rating of 10 out of 10. Both in the recent history as in the last year, NIC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, NIC did better than 83% of all other stocks.
- NIC is one of the better performing stocks in the Banks industry, it outperforms 77% of 381 stocks in the same industry.
- NIC is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month NIC has a been trading in the 125.16 - 154.29 range, which is quite wide. It is currently trading near the high of this range.
NIC has an excellent technical rating, but the quality of the setup is only medium 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
113.39
We found 3 important support areas.
- A support zone ranging from 123.67 to 125.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @119.77 from a horizontal line in the daily time frame.
- A support zone ranging from 114.54 to 116.74. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for NIC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NIC is up. |
| ChartMill Relative Strength | 83.19 | POSITIVE | NIC has a high relative strength, it outperformed 83.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NIC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NIC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NIC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.55 | OVERBOUGHT | The high RSI value suggests NIC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.62 | POSITIVE | The MACD value suggests NIC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.07 | OVERBOUGHT | The high Stochastics value suggests NIC may be overbought. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for NIC suggests some volalility. |
| Average Directional Index/ADX (14) | 42.15 | POSITIVE | The high ADX value value for NIC suggests a strong trend. |
151.85
-1.47 (-0.96%)
NICOLET BANKSHARES INC / NIC FAQ
What is the technical rating for NIC stock?
ChartMill assigns a technical rating of 10 / 10 to NIC.
Can you provide the trend direction for NICOLET BANKSHARES INC?
The current trend direction for NICOLET BANKSHARES INC (NIC) is Bullish.
What is the RSI signal for NIC stock?
NICOLET BANKSHARES INC (NIC) has an RSI value of 70.5502. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for NICOLET BANKSHARES INC?
The buy/sell signal for NICOLET BANKSHARES INC (NIC) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for NICOLET BANKSHARES INC (NIC) stock?
NICOLET BANKSHARES INC (NIC) has a support level at 125.35. Check the full technical report for our detailed analysis of NIC support and resistance levels.