NICE LTD - SPON ADR (NICE) Technical Analysis
NASDAQ:NICE • US6536561086
Taking everything into account, NICE scores 5 out of 10 in our technical rating. In the past year, NICE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, NICE is a bad performer in the overall market: 72% of all stocks are doing better.
- NICE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NICE is lagging the market.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- NICE is one of the better performing stocks in the Software industry, it outperforms 77% of 277 stocks in the same industry.
- In the last month NICE has a been trading in the 94.65 - 135.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
NICE has an average technical rating and it also does not offer a high 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
2 important support areas can be observed.
- A support zone ranging from 114.17 to 118.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @103.55 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 126.76 to 128.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @158.98 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 | NEUTRAL | NEUTRAL | The long term trend for NICE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NICE is up. |
| ChartMill Relative Strength | 28.88 | NEGATIVE | NICE has a low relative strength, it was outperformed by 71.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NICE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NICE is above the rising 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) | 51.85 | NEUTRAL | The RSI value for NICE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests NICE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.09 | NEUTRAL | The Stochastics value for NICE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.04 | HIGH VOLATILITY | The high ATR as a percentage value for NICE suggests high volalility. |
| Average Directional Index/ADX (14) | 25 | NEUTRAL | The ADX value for NICE suggests a possible start of a new trend. |
NICE Technicals: Chart, Performance Metrics, Trend & Indicators
118.36
-1.87 (-1.56%)
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 5 / 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 51.851. 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 positive.
What are the support and resistance levels for NICE LTD - SPON ADR (NICE) stock?
NICE LTD - SPON ADR (NICE) has a support level at 118.35 and a resistance level at 126.76. Check the full technical report for our detailed analysis of NICE support and resistance levels.