VIRTUS EQUITY & CONVERTIBLE (NIE) Stock Technical Analysis
NYSE:NIE - New York Stock Exchange, Inc. - US92841M1018 - Currency: USD
Overall NIE gets a technical rating of 4 out of 10. 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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 49% of all stocks.
NIE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NIE is lagging the market slightly.
In the last month NIE has a been trading in a tight range between 22.74 and 23.81.
NIE 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
19.81
25.56
When analyzing the support we notice one important area.
- A support zone ranging from 20.01 to 20.19. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 23.07 to 23.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 25.08 to 25.31. 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 | NEUTRAL | NEUTRAL | The short term trend for NIE is neutral. |
| ChartMill Relative Strength | 49.48 | 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) | UP | POSITIVE | The current price of NIE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NIE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.73 | NEUTRAL | The RSI value for NIE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests NIE has a negative trend. |
| Stochastics (14,3) | 17.05 | OVERSOLD | The low Stochastics value suggests NIE may be oversold. |
| 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) | 15.6 | NEGATIVE | The low ADX value for NIE suggests a weak or negative 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)
NYSE:NIE (6/17/2025, 8:04:00 PM)
22.92
-0.16 (-0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.69%
1 Week-2.96%
2 Weeks-1.72%
1 Month-1.38%
3 Month2.46%
6 Month-3.86%
12 Month0.26%
2 Year8.37%
3 Year10.46%
5 Year1.96%
10 Year18.76%
15 Year50.39%
Volatility
ATR(14)0.33
ATR(20)%1.45%
ATR Inc23.36%
Range Today0.46
ADR(20)0.3
ADR(20)%1.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.48
Mansfield-0.5
10 Day High23.81
10 Day Low22.74
20 Day High23.81
20 Day Low22.74
52 Week High25.44
52 Week Low18.54
CS1 End20.19
CR1 Start23.07
Volume & EV
DER(3)-8.17%
DER(5)-5.96%
Volume58.70K
Volume Incr0.83%
Vol(5)48.16K
Vol(50)60.03K