NISUN INTERNATIONAL ENTERPRI (NISN) Stock Technical Analysis
NASDAQ:NISN • VGG6593L1224
We assign a technical rating of 1 out of 10 to NISN. NISN'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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, NISN is a bad performer in the overall market: 99% of all stocks are doing better.
- NISN is part of the Software industry. There are 274 other stocks in this industry, of which 88% are performing better than NISN.
- NISN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month NISN has a been trading in the 0.91 - 1.60 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of NISN 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
0.94
When analyzing the support we notice one important area.
- Support @0.95 from a horizontal 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 NISN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NISN is neutral. |
| ChartMill Relative Strength | 1.6 | NEGATIVE | NISN has a low relative strength, it was outperformed by 98.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NISN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NISN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NISN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.12 | NEUTRAL | The RSI value for NISN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests NISN has a positive trend. |
| Stochastics (14,3) | 64.88 | NEUTRAL | The Stochastics value for NISN is a neutral value. |
| Average True Range in percent/ATR (20) | 9.95 | HIGH VOLATILITY | The high ATR as a percentage value for NISN suggests high volalility. |
| Average Directional Index/ADX (14) | 34.88 | POSITIVE | The high ADX value value for NISN suggests a strong trend. |
1.45
+0.16 (+11.97%)
NISUN INTERNATIONAL ENTERPRI / NISN FAQ
Can you provide the ChartMill technical rating for NISUN INTERNATIONAL ENTERPRI?
ChartMill assigns a technical rating of 1 / 10 to NISN.
Can you provide the trend direction for NISUN INTERNATIONAL ENTERPRI?
The current trend direction for NISUN INTERNATIONAL ENTERPRI (NISN) is Bearish.
Can you provide the RSI signal for NISUN INTERNATIONAL ENTERPRI?
NISUN INTERNATIONAL ENTERPRI (NISN) has an RSI value of 59.1178. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NISUN INTERNATIONAL ENTERPRI?
The short term momentum for NISUN INTERNATIONAL ENTERPRI (NISN) is neutral.
What are the support and resistance levels for NISUN INTERNATIONAL ENTERPRI (NISN) stock?
NISUN INTERNATIONAL ENTERPRI (NISN) has a support level at 0.95. Check the full technical report for our detailed analysis of NISN support and resistance levels.