BITNILE HOLDINGS INC (NILE) Stock Technical Analysis
USA - NYSEARCA:NILE - US09175M1018 - Common Stock
Overall NILE gets a technical rating of 0 out of 10. NILE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of NILE is bad and it also does not present a 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
0.11
We found 1 important support area.
- A support zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for NILE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NILE is neutral. |
| ChartMill Relative Strength | 5.38 | NEGATIVE | NILE has a low relative strength, it was outperformed by 94.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NILE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NILE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NILE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.08 | NEUTRAL | The RSI value for NILE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NILE has a positive trend. |
| Stochastics (14,3) | 37.2 | NEUTRAL | The Stochastics value for NILE is a neutral value. |
| Average True Range in percent/ATR (20) | 10.47 | HIGH VOLATILITY | The high ATR as a percentage value for NILE suggests high volalility. |
| Average Directional Index/ADX (14) | 20.61 | NEUTRAL | The ADX value for NILE suggests a possible start of a new trend. |
0.1225
+0.02 (+22.5%)
BITNILE HOLDINGS INC / NILE FAQ
What is the technical rating for NILE stock?
ChartMill assigns a technical rating of 0 / 10 to NILE.
What is the trend direction for NILE stock?
The current trend direction for BITNILE HOLDINGS INC (NILE) is Bearish.
What is the RSI signal for NILE stock?
BITNILE HOLDINGS INC (NILE) has an RSI value of 51.0779. This indicates that the stock is currently neutral.
What is the short term momentum for NILE stock?
The short term momentum for BITNILE HOLDINGS INC (NILE) is neutral.
Can you provide the support and resistance levels for BITNILE HOLDINGS INC?
BITNILE HOLDINGS INC (NILE) has a support level at 0.11. Check the full technical report for our detailed analysis of NILE support and resistance levels.