NICOLET BANKSHARES INC (NIC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NIC - US65406E1029 - Common Stock
Taking everything into account, NIC scores 4 out of 10 in our technical rating. NIC has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Although the technical rating is only medium, NIC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 129.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 126.20, a Stop Loss order could be placed below this zone.
More info and screens
110.35
When analyzing the support we can see 3 important areas.
- A support zone ranging from 123.05 to 126.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 115.04 to 119.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @111.46 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @129.11 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 | UP | POSITIVE | The short term trend for NIC is up. |
| ChartMill Relative Strength | 59.44 | NEUTRAL | NIC is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of NIC is below a declining 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) | 54.91 | NEUTRAL | The RSI value for NIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.84 | POSITIVE | The MACD value suggests NIC has a positive trend. |
| Stochastics (14,3) | 89.25 | OVERBOUGHT | The high Stochastics value suggests NIC may be overbought. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for NIC suggests some volalility. |
| Average Directional Index/ADX (14) | 14.43 | NEGATIVE | The low ADX value for NIC suggests a weak or negative trend. |
126.48
+0.5 (+0.4%)
NICOLET BANKSHARES INC / NIC FAQ
What is the technical rating for NIC stock?
ChartMill assigns a technical rating of 4 / 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 54.912. 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 positive.
What is the support and resistance level for NIC stock?
NICOLET BANKSHARES INC (NIC) has a support level at 126.2 and a resistance level at 129.11. Check the full technical report for our detailed analysis of NIC support and resistance levels.