NIU TECHNOLOGIES-SPONS ADR (NIU) Stock Technical Analysis
USA - NASDAQ:NIU - US65481N1000 - ADR
Taking everything into account, NIU scores 3 out of 10 in our technical rating. Although NIU is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of NIU 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.
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1.67
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.86 to 3.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.74 from a horizontal line in the weekly time frame.
- Support @1.69 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 4.39 to 4.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.58 from a trend line in the weekly 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 NIU is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NIU is down. |
| ChartMill Relative Strength | 91.91 | POSITIVE | NIU has a high relative strength, it outperformed 91.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NIU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NIU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NIU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.13 | NEUTRAL | The RSI value for NIU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests NIU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.6 | OVERSOLD | The low Stochastics value suggests NIU may be oversold. |
| Average True Range in percent/ATR (20) | 5.57 | HIGH VOLATILITY | The high ATR as a percentage value for NIU suggests high volalility. |
| Average Directional Index/ADX (14) | 17.76 | NEGATIVE | The low ADX value for NIU suggests a weak or negative trend. |
3.91
+0.01 (+0.26%)
NIU TECHNOLOGIES-SPONS ADR / NIU FAQ
What is the technical rating for NIU stock?
ChartMill assigns a technical rating of 3 / 10 to NIU.
Can you provide the trend direction for NIU TECHNOLOGIES-SPONS ADR?
The current trend direction for NIU TECHNOLOGIES-SPONS ADR (NIU) is Bearish.
What is the RSI signal for NIU stock?
NIU TECHNOLOGIES-SPONS ADR (NIU) has an RSI value of 38.125. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NIU TECHNOLOGIES-SPONS ADR?
The short term momentum for NIU TECHNOLOGIES-SPONS ADR (NIU) is negative.