NICE LTD - SPON ADR (NICE) Stock Technical Analysis
NASDAQ:NICE • US6536561086
We assign a technical rating of 0 out of 10 to NICE. NICE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 89% of all other stocks performed better in the past year than NICE.
- NICE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month NICE has a been trading in the 103.10 - 117.87 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- NICE is part of the Software industry. There are 277 other stocks in this industry, NICE did better than 48% of them.
The technical rating of NICE is bad and it also does not present a quality setup 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
102.51
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 109.83 to 113.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 117.07 to 117.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @120.88 from a trend line in the weekly time frame.
- Resistance @128.41 from a trend line in the weekly 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 NICE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NICE is down. |
| ChartMill Relative Strength | 11.23 | NEGATIVE | NICE has a low relative strength, it was outperformed by 88.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NICE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NICE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NICE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.45 | NEUTRAL | The RSI value for NICE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.62 | NEGATIVE | The MACD value suggests NICE has a negative trend. |
| Stochastics (14,3) | 21.3 | NEUTRAL | The Stochastics value for NICE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.39 | MEDIUM VOLATILITY | The ATR as a percentage value for NICE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.19 | NEGATIVE | The low ADX value for NICE suggests a weak or negative trend. |
103.55
-2.14 (-2.02%)
NICE LTD - SPON ADR / NICE FAQ
What is the ChartMill technical rating of NICE LTD - SPON ADR (NICE) stock?
ChartMill assigns a technical rating of 0 / 10 to NICE.
Can you provide the trend direction for NICE LTD - SPON ADR?
The current trend direction for NICE LTD - SPON ADR (NICE) is Bearish.
Can you provide the RSI signal for NICE LTD - SPON ADR?
NICE LTD - SPON ADR (NICE) has an RSI value of 35.4497. This indicates that the stock is currently neutral.
What is the short term momentum for NICE stock?
The short term momentum for NICE LTD - SPON ADR (NICE) is negative.
What are the support and resistance levels for NICE LTD - SPON ADR (NICE) stock?
NICE LTD - SPON ADR (NICE) has a resistance level at 109.83. Check the full technical report for our detailed analysis of NICE support and resistance levels.