NIU TECHNOLOGIES-SPONS ADR (NIU) Stock Technical Analysis
USA - NASDAQ:NIU - US65481N1000 - ADR
4.05 USD
-0.07 (-1.7%)
4.12 USD
+0.07 (+1.73%)
Taking everything into account, NIU scores 8 out of 10 in our technical rating. In the last year, NIU was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month NIU has a been trading in the 4.04 - 5.37 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.
When comparing the yearly performance of all stocks, we notice that NIU is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by NIU over the past year are nicely spread over this period.
NIU is part of the Automobiles industry. There are 37 other stocks in this industry. NIU outperforms 100% of them.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
NIU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NIU is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although NIU has an excellent technical rating, the quality of the presented setup is not ideal 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
1.67
5.09
5 important support areas can be observed.
- A support zone ranging from 3.99 to 4.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.89 from a trend line in the daily time frame.
- Support @3.71 from a trend line in the daily time frame.
- Support @1.74 from a horizontal line in the weekly time frame.
- Support @1.69 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @5.04 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 | UP | POSITIVE | The long term trend for NIU is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NIU is down. |
| ChartMill Relative Strength | 94.84 | POSITIVE | NIU has a high relative strength, it outperformed 94.84% 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) | UP | POSITIVE | The current price of NIU is above the rising 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) | 43.47 | NEUTRAL | The RSI value for NIU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests NIU has a negative trend. |
| Stochastics (14,3) | 3.99 | OVERSOLD | The low Stochastics value suggests NIU may be oversold. |
| Average True Range in percent/ATR (20) | 5.97 | HIGH VOLATILITY | The high ATR as a percentage value for NIU suggests high volalility. |
| Average Directional Index/ADX (14) | 29.09 | POSITIVE | The high ADX value value for NIU suggests a strong 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)
4.05
-0.07 (-1.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-1.7%
1 Week-6.68%
2 Weeks-9.6%
1 Month-19.16%
3 Month28.57%
6 Month48.9%
12 Month126.26%
2 Year43.11%
3 Year-1.22%
5 Year-78.91%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%5.97%
ATR Inc-49.79%
Range Today0.08
ADR(20)0.23
ADR(20)%5.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.84
Mansfield2.54
10 Day High4.5
10 Day Low4.04
20 Day High5.37
20 Day Low4.04
52 Week High5.37
52 Week Low1.66
CS1 End4.04
CR1 Start5.04
Volume & EV
DER(3)-9.36%
DER(5)-6.93%
Volume343.90K
Volume Incr-62.93%
Vol(5)358.59K
Vol(50)708.95K