NIP GROUP INC (NIPG) Stock Technical Analysis
NASDAQ:NIPG - US6545031014 - ADR
2.037 USD
+0.06 (+2.88%)
1.95 USD
-0.09 (-4.27%)
Taking everything into account, NIPG scores 3 out of 10 in our technical rating. In the past year, NIPG was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
85% of all other stocks performed better in the past year than NIPG.
NIPG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
NIPG is part of the Entertainment industry. There are 75 other stocks in this industry, NIPG did better than 40% of them.
In the last month NIPG has a been trading in the 1.60 - 2.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of NIPG 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
1.37
2.43
When analyzing the support we can see 2 important areas.
- Support @1.76 from a trend line in the daily time frame.
- Support @1.38 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @2.41 from a trend line in the daily time frame.
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 NIPG is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NIPG is up. |
| ChartMill Relative Strength | 15.33 | NEGATIVE | NIPG has a low relative strength, it was outperformed by 84.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NIPG is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NIPG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NIPG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.91 | NEUTRAL | The RSI value for NIPG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NIPG has a positive trend. |
| Stochastics (14,3) | 76.46 | NEUTRAL | The Stochastics value for NIPG is a neutral value. |
| Average True Range in percent/ATR (20) | 7.5 | HIGH VOLATILITY | The high ATR as a percentage value for NIPG suggests high volalility. |
| Average Directional Index/ADX (14) | 25.08 | POSITIVE | The high ADX value value for NIPG suggests a strong 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)
2.037
+0.06 (+2.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg2.88%
1 Week19.19%
2 Weeks14.44%
1 Month-6.99%
3 Month54.32%
6 Month-25.38%
12 Month-74.85%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%7.5%
ATR Inc-11.11%
Range Today0.14
ADR(20)0.15
ADR(20)%7.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.33
Mansfield-5.43
10 Day High2.09
10 Day Low1.67
20 Day High2.28
20 Day Low1.6
52 Week High8.4
52 Week Low0.99
CS1 End1.76
CR1 Start2.41
Volume & EV
DER(3)-1.95%
DER(5)-6.34%
Volume57.10K
Volume Incr27.49%
Vol(5)98.70K
Vol(50)214.89K