N2OFF INC (NITO) Stock Technical Analysis
NASDAQ:NITO - Nasdaq - US80512Q4029 - Common Stock - Currency: USD
Taking everything into account, NITO scores 1 out of 10 in our technical rating. NITO'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 negative, as is the long term trend. There should be more interesting stocks out there.
91% of all other stocks performed better in the past year than NITO.
NITO is one of the lesser performing stocks in the Chemicals industry. 67% of 85 stocks in the same industry do better.
NITO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NITO is lagging the market.
In the last month NITO has a been trading in the 0.25 - 0.53 range, which is quite wide. It is currently trading near the lows of this range.
NITO has an average volume of 17230400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
The technical rating of NITO 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
0.22
0.51
When analyzing the support we can see 4 important areas.
- Support @0.27 from a trend line in the daily time frame.
- A support zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.23 from a trend line in the weekly time frame.
- Support @0.22 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.50 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 NITO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NITO is down. |
| ChartMill Relative Strength | 9.5 | NEGATIVE | NITO has a low relative strength, it was outperformed by 90.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NITO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NITO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NITO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.82 | NEUTRAL | The RSI value for NITO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NITO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.35 | OVERSOLD | The low Stochastics value suggests NITO may be oversold. |
| Average True Range in percent/ATR (20) | 22.68 | HIGH VOLATILITY | The high ATR as a percentage value for NITO suggests high volalility. |
| Average Directional Index/ADX (14) | 23.35 | NEUTRAL | The ADX value for NITO suggests a possible start of a new 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)
0.2781
+0.01 (+3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg3%
1 Week-0.68%
2 Weeks1.13%
1 Month-59.1%
3 Month-7.3%
6 Month31.74%
12 Month-56.97%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%22.68%
ATR Inc-30.81%
Range Today0.03
ADR(20)0.05
ADR(20)%18.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.5
Mansfield-4.19
10 Day High0.32
10 Day Low0.25
20 Day High0.53
20 Day Low0.25
52 Week High3.49
52 Week Low0.16
CS1 End0.27
CR1 Start0.29
Volume & EV
DER(3)0.76%
DER(5)-4.72%
Volume861.67K
Volume Incr-98.04%
Vol(5)827.04K
Vol(50)17.23M