Overall NIPG gets a technical rating of 0 out of 10. NIPG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
NIPG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.49. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for NIPG in the last couple of days, which is a good sign.
1.33
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 3 important areas.
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 | DOWN | NEGATIVE | The short term trend for NIPG is down. |
| ChartMill Relative Strength | 4.24 | NEGATIVE | NIPG has a low relative strength, it was outperformed by 95.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NIPG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NIPG is below a declining 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) | 46.74 | NEUTRAL | The RSI value for NIPG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NIPG has a positive trend. |
| Stochastics (14,3) | 44.1 | NEUTRAL | The Stochastics value for NIPG is a neutral value. |
| Average True Range in percent/ATR (20) | 8.39 | HIGH VOLATILITY | The high ATR as a percentage value for NIPG suggests high volalility. |
| Average Directional Index/ADX (14) | 25.42 | POSITIVE | The high ADX value value for NIPG suggests a strong trend. |
1.483
+0.01 (+0.88%)
ChartMill assigns a technical rating of 0 / 10 to NIPG.
The current trend direction for NIP GROUP INC (NIPG) is Bearish.
NIP GROUP INC (NIPG) has an RSI value of 46.7396. This indicates that the stock is currently neutral.
The MACD indicator for NIP GROUP INC (NIPG) has a value of 0.00297439, indicating a bearish trend.
The buy/sell signal for NIP GROUP INC (NIPG) is sell as both the short term and long term trends are negative.