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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, NICE is a bad performer in the overall market: 89% of all stocks are doing better.
- NICE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month NICE has a been trading in the 106.00 - 118.37 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.
- NICE is an average performer in the Software industry, it outperforms 44% of 278 stocks in the same industry.
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
105.35
3 important resistance areas can be observed.
- A resistance zone ranging from 114.00 to 117.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @123.98 from a trend line in the weekly time frame.
- Resistance @131.09 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 | 11.48 | NEGATIVE | NICE has a low relative strength, it was outperformed by 88.52% 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) | 34.19 | NEUTRAL | The RSI value for NICE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.85 | NEGATIVE | The MACD value suggests NICE has a negative trend. |
| Stochastics (14,3) | 14.19 | OVERSOLD | The low Stochastics value suggests NICE may be oversold. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for NICE suggests some volalility. |
| Average Directional Index/ADX (14) | 17.57 | NEGATIVE | The low ADX value for NICE suggests a weak or negative trend. |
106.41
-1.94 (-1.79%)
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 34.1909. 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 114. Check the full technical report for our detailed analysis of NICE support and resistance levels.