VIRTUS EQUITY & CONVERTIBLE (NIE) Technical Analysis
NYSE:NIE • US92841M1018
Taking everything into account, NIE scores 1 out of 10 in our technical rating. NIE 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.
- NIE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NIE is lagging the market slightly.
- In the last month NIE has a been trading in the 24.06 - 25.74 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, NIE turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
NIE has a poor technical rating and the quality of the setup is also not perfect 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
23.56
We found 2 important support areas.
- A support zone ranging from 24.24 to 24.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.80 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 25.09 to 25.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.93 to 25.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 NIE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NIE is down. |
| ChartMill Relative Strength | 56.7 | NEUTRAL | NIE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NIE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NIE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NIE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.14 | NEUTRAL | The RSI value for NIE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests NIE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.27 | NEUTRAL | The Stochastics value for NIE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for NIE suggests low volalility. |
| Average Directional Index/ADX (14) | 27.23 | POSITIVE | The high ADX value value for NIE suggests a strong trend. |
NIE Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:NIE (3/11/2026, 8:15:32 PM)
24.91
+0.18 (+0.73%)
VIRTUS EQUITY & CONVERTIBLE / NIE FAQ
What is the ChartMill technical rating of VIRTUS EQUITY & CONVERTIBLE (NIE) stock?
ChartMill assigns a technical rating of 1 / 10 to NIE.
What is the trend direction for NIE stock?
The current trend direction for VIRTUS EQUITY & CONVERTIBLE (NIE) is Bearish.
Can you provide the RSI signal for VIRTUS EQUITY & CONVERTIBLE?
VIRTUS EQUITY & CONVERTIBLE (NIE) has an RSI value of 42.1414. This indicates that the stock is currently neutral.
What is the short term momentum for NIE stock?
The short term momentum for VIRTUS EQUITY & CONVERTIBLE (NIE) is negative.
What is the support and resistance level for NIE stock?
VIRTUS EQUITY & CONVERTIBLE (NIE) has a support level at 24.77 and a resistance level at 25.09. Check the full technical report for our detailed analysis of NIE support and resistance levels.