N2OFF INC (NITO) Stock Technical Analysis
USA - NASDAQ:NITO - US80512Q4029 - Common Stock
3.93 USD
-0.1 (-2.48%)
4 USD
+0.07 (+1.78%)
We assign a technical rating of 0 out of 10 to NITO. 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.
98% of all other stocks performed better in the past year than NITO.
NITO is one of the lesser performing stocks in the Chemicals industry. 91% of 83 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. 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 3.57 - 7.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
NITO has an average volume of 1035040 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.
NITO has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
3.89
7.08
We can see 4 important resistance areas.
- A resistance zone ranging from 4.19 to 4.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.49 from a horizontal line in the daily time frame.
- Resistance @5.65 from a trend line in the weekly time frame.
- Resistance @7.01 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 | 2.79 | NEGATIVE | NITO has a low relative strength, it was outperformed by 97.21% 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) | 34.18 | NEUTRAL | The RSI value for NITO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests NITO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 14.87 | OVERSOLD | The low Stochastics value suggests NITO may be oversold. |
| Average True Range in percent/ATR (20) | 16.27 | HIGH VOLATILITY | The high ATR as a percentage value for NITO suggests high volalility. |
| Average Directional Index/ADX (14) | 24.72 | 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)
3.93
-0.1 (-2.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-2.48%
1 Week-6.65%
2 Weeks-2.72%
1 Month-24.23%
3 Month-55.55%
6 Month-48.82%
12 Month-49.12%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%16.27%
ATR Inc-58.02%
Range Today0.22
ADR(20)0.59
ADR(20)%15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.79
Mansfield-7.46
10 Day High7
10 Day Low3.9
20 Day High7
20 Day Low3.57
52 Week High122.15
52 Week Low3.57
CS1 EndN/A
CR1 Start4.19
Volume & EV
DER(3)-8.79%
DER(5)-5.27%
Volume66.60K
Volume Incr-93.94%
Vol(5)99.46K
Vol(50)1.04M