NICOLET BANKSHARES INC (NIC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NIC - US65406E1029 - Common Stock
Taking everything into account, NIC scores 2 out of 10 in our technical rating. NIC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
NIC 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.
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111.56
When analyzing the support we can see 3 important areas.
- Support @122.19 from a trend line in the weekly time frame.
- A support zone ranging from 115.04 to 119.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @112.69 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 125.35 to 129.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @131.78 from a trend line in the daily time frame.
- Resistance @136.61 from a horizontal line in the daily time frame.
- A resistance zone ranging from 140.25 to 140.42. 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 | NEUTRAL | NEUTRAL | The long term trend for NIC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NIC is down. |
| ChartMill Relative Strength | 61.04 | NEUTRAL | NIC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NIC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NIC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NIC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.43 | NEUTRAL | The RSI value for NIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.95 | NEGATIVE | The MACD value suggests NIC has a negative trend. |
| Stochastics (14,3) | 4.52 | OVERSOLD | The low Stochastics value suggests NIC may be oversold. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for NIC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.62 | NEGATIVE | The low ADX value for NIC suggests a weak or negative trend. |
123.67
+0.01 (+0.01%)
NICOLET BANKSHARES INC / NIC FAQ
What is the technical rating for NIC stock?
ChartMill assigns a technical rating of 2 / 10 to NIC.
What is the trend direction for NIC stock?
The current trend direction for NICOLET BANKSHARES INC (NIC) is Bearish.
What is the RSI signal for NIC stock?
NICOLET BANKSHARES INC (NIC) has an RSI value of 40.4312. This indicates that the stock is currently neutral.
What is the short term momentum for NIC stock?
The short term momentum for NICOLET BANKSHARES INC (NIC) is negative.
What is the support and resistance level for NIC stock?
NICOLET BANKSHARES INC (NIC) has a support level at 122.19 and a resistance level at 125.35. Check the full technical report for our detailed analysis of NIC support and resistance levels.