Overall NINI gets a technical rating of 6 out of 10. In the last year, NINI was one of the better performers, but we do observe some doubts in the very recent evolution.
NINI has an average technical rating and also the quality of the setup is only medium 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
18.82
When analyzing the support we can see 3 important areas.
- A support zone ranging from 21.31 to 21.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.43 from a trend line in the weekly time frame.
- Support @19.01 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 21.85 to 22.10. 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 22.74 to 22.79. 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 | UP | POSITIVE | The long term trend for NINI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NINI is neutral. |
| ChartMill Relative Strength | 79.34 | POSITIVE | NINI has a high relative strength, it outperformed 79.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NINI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NINI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NINI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.04 | NEUTRAL | The RSI value for NINI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests NINI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.4 | NEUTRAL | The Stochastics value for NINI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.85 | LOW VOLATILITY | The low ATR as a percentage value for NINI suggests low volalility. |
NYSEARCA:NINI (4/11/2018, 8:36:36 PM)
21.83
-0.11 (-0.5%)
iPath Pure Beta Nickel ETN / NINI FAQ
What is the ChartMill technical rating of iPath Pure Beta Nickel ETN (NINI) stock?
ChartMill assigns a technical rating of 6 / 10 to NINI.
What is the current trend direction of iPath Pure Beta Nickel ETN (NINI) stock?
The current trend direction for iPath Pure Beta Nickel ETN (NINI) is Bullish.
What is the RSI signal for NINI stock?
iPath Pure Beta Nickel ETN (NINI) has an RSI value of 48.0436. This indicates that the stock is currently neutral.
What is the MACD signal for NINI stock?
The MACD indicator for iPath Pure Beta Nickel ETN (NINI) has a value of -0.0578053, indicating a bearish trend.