NICHOLAS FINANCIAL INC (NICK) Stock Technical Analysis
NASDAQ:NICK - Nasdaq - US65373A1097 - Common Stock - Currency: USD
Overall NICK gets a technical rating of 3 out of 10. NICK 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.
NICK is part of the Consumer Finance industry. There are 53 other stocks in this industry, of which 61% are performing better than NICK.
Warning: NICK has an average volume of 9934 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, NICK outperforms 53% of them, which is more or less in line with the market.
NICK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NICK is lagging the market.
In the last month NICK has a been trading in the 5.59 - 6.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, NICK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 6.15, a Stop Loss order could be placed below this zone.
More info and screens
4.46
7.17
4 important support areas can be observed.
- A support zone ranging from 6.06 to 6.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @5.71 from a trend line in the weekly time frame.
- A support zone ranging from 5.54 to 5.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.51 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @6.60 from a horizontal line in the daily time frame.
- A resistance zone ranging from 6.74 to 6.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.96 from a horizontal line in the daily time frame.
- Resistance @7.10 from a horizontal 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 NICK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NICK is neutral. |
| ChartMill Relative Strength | 53.09 | NEUTRAL | NICK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NICK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NICK is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NICK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.08 | NEUTRAL | The RSI value for NICK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NICK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 28.3 | NEUTRAL | The Stochastics value for NICK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.97 | MEDIUM VOLATILITY | The ATR as a percentage value for NICK suggests some volalility. |
| Average Directional Index/ADX (14) | 24.62 | NEUTRAL | The ADX value for NICK suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
6.19
-0.01 (-0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-0.16%
1 Week-8.3%
2 Weeks0.98%
1 Month6.73%
3 Month-5.78%
6 Month-8.43%
12 Month29.5%
2 Year8.79%
3 Year-49.63%
5 Year-31.3%
10 Year-46.59%
15 Year-11.06%
Volatility
ATR(14)0.22
ATR(20)%3.97%
ATR Inc-34.14%
Range Today0.14
ADR(20)0.22
ADR(20)%3.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.09
Mansfield-1.5
10 Day High6.86
10 Day Low5.9
20 Day High6.86
20 Day Low5.59
52 Week High7.55
52 Week Low4.37
CS1 End6.15
CR1 Start6.6
Volume & EV
DER(3)-0.91%
DER(5)-6.91%
Volume4.50K
Volume Incr-21.67%
Vol(5)8.08K
Vol(50)9.93K