N2OFF INC (NITO) Stock Technical Analysis
USA - NASDAQ:NITO - US80512Q4029 - Common Stock
5.5 USD
+0.08 (+1.48%)
4.85 USD
-0.65 (-11.82%)
Taking everything into account, NITO scores 0 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, NITO is a bad performer in the overall market: 95% of all stocks are doing better.
NITO is part of the Chemicals industry. There are 83 other stocks in this industry, of which 86% are performing better than NITO.
NITO 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 NITO has a been trading in the 4.72 - 8.39 range, which is quite wide. It is currently trading near the lows of this range.
NITO has an average volume of 1910960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
5.45
11.62
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 6.89 to 6.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.52 from a trend line in the daily time frame.
- Resistance @8.12 from a horizontal line in the daily time frame.
- Resistance @11.50 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 NITO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NITO is down. |
| ChartMill Relative Strength | 5.07 | NEGATIVE | NITO has a low relative strength, it was outperformed by 94.93% 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) | DOWN | NEGATIVE | The current price of NITO is below a declining 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) | 32.6 | NEUTRAL | The RSI value for NITO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests NITO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.22 | NEUTRAL | The Stochastics value for NITO is a neutral value. |
| Average True Range in percent/ATR (20) | 12.2 | HIGH VOLATILITY | The high ATR as a percentage value for NITO suggests high volalility. |
| Average Directional Index/ADX (14) | 19.42 | NEGATIVE | The low ADX value for NITO suggests a weak or negative 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)
5.5
+0.08 (+1.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg1.48%
1 Week-2.09%
2 Weeks-25.17%
1 Month-26.05%
3 Month-32.84%
6 Month-37.57%
12 Month-40.41%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%12.2%
ATR Inc-19.53%
Range Today0.81
ADR(20)0.61
ADR(20)%11.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.07
Mansfield-6.48
10 Day High7.63
10 Day Low4.72
20 Day High8.39
20 Day Low4.72
52 Week High122.15
52 Week Low4.72
CS1 EndN/A
CR1 Start6.89
Volume & EV
DER(3)-0.72%
DER(5)0.6%
Volume8.20M
Volume Incr94.41%
Vol(5)2.33M
Vol(50)1.91M