NIP GROUP INC (NIPG) Stock Technical Analysis
NASDAQ:NIPG - Nasdaq - US6545031014 - ADR - Currency: USD
Taking everything into account, NIPG scores 5 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.
100% of all other stocks performed better in the past year than NIPG.
NIPG is one of the lesser performing stocks in the Entertainment industry. 91% of 72 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month NIPG has a been trading in the 1.39 - 2.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
NIPG 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
1.25
2.42
We found 2 important support areas.
- Support @1.64 from a trend line in the daily time frame.
- Support @1.26 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.14 to 2.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.40 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 | NEUTRAL | NEUTRAL | The long term trend for NIPG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NIPG is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | NIPG has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NIPG is above the rising 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) | 62.36 | NEUTRAL | The RSI value for NIPG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests NIPG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.95 | NEUTRAL | The Stochastics value for NIPG is a neutral value. |
| Average True Range in percent/ATR (20) | 9.77 | HIGH VOLATILITY | The high ATR as a percentage value for NIPG suggests high volalility. |
| Average Directional Index/ADX (14) | 34.54 | 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)
2.1309
-0.13 (-5.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-5.71%
1 Week3.44%
2 Weeks41.12%
1 Month57.84%
3 Month23.89%
6 Month-69.86%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%9.77%
ATR Inc4.98%
Range Today0.19
ADR(20)0.2
ADR(20)%9.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High2.75
10 Day Low1.41
20 Day High2.75
20 Day Low1.39
52 Week HighN/A
52 Week LowN/A
CS1 End1.59
CR1 StartN/A
Volume & EV
DER(3)-8.37%
DER(5)-4.68%
Volume255.20K
Volume Incr262.76%
Vol(5)857.44K
Vol(50)228.68K