NYSE:NID - New York Stock Exchange, Inc. - US6706711065 - Currency: USD
We assign a technical rating of 2 out of 10 to NID. NID 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.
NID has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 13.02. Right above this resistance zone may be a good entry point.
12.04
When analyzing the support we notice one important area.
We can see 2 important resistance areas.
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 NID is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NID is neutral. |
ChartMill Relative Strength | 56.36 | NEUTRAL | NID is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NID is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NID is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NID is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 52.46 | NEUTRAL | The RSI value for NID is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NID has a positive trend. |
Stochastics (14,3) | 47.94 | NEUTRAL | The Stochastics value for NID is a neutral value. |
Average True Range in percent/ATR (20) | 0.9 | LOW VOLATILITY | The low ATR as a percentage value for NID suggests low volalility. |
Average Directional Index/ADX (14) | 19.51 | NEGATIVE | The low ADX value for NID suggests a weak or negative trend. |
13
+0.02 (+0.15%)