We assign a technical rating of 3 out of 10 to NICK. 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.
Although the technical rating is bad, NICK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. 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
We found 4 important support areas.
- 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.
4 important resistance areas can be observed.
- 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. |
6.19
-0.01 (-0.16%)
NICHOLAS FINANCIAL INC / NICK FAQ
Can you provide the ChartMill technical rating for NICHOLAS FINANCIAL INC?
ChartMill assigns a technical rating of 3 / 10 to NICK.
What is the current trend direction of NICHOLAS FINANCIAL INC (NICK) stock?
The current trend direction for NICHOLAS FINANCIAL INC (NICK) is Bearish.
What is the RSI signal for NICK stock?
NICHOLAS FINANCIAL INC (NICK) has an RSI value of 52.0805. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NICHOLAS FINANCIAL INC?
The short term momentum for NICHOLAS FINANCIAL INC (NICK) is neutral.
What is the support and resistance level for NICK stock?
NICHOLAS FINANCIAL INC (NICK) has a support level at 6.15 and a resistance level at 6.6. Check the full technical report for our detailed analysis of NICK support and resistance levels.