Overall NKSH gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NKSH is showing a nice and steady performance.
- Warning: NKSH has an average volume of 14854 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that NKSH is one of the better performing stocks in the market, outperforming 88% of all stocks.
- NKSH is one of the better performing stocks in the Banks industry, it outperforms 87% of 383 stocks in the same industry.
- NKSH is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month NKSH has a been trading in the 33.41 - 39.66 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NKSH has an excellent technical rating, it does not offer a high 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
26.83
5 important support areas can be observed.
- A support zone ranging from 35.84 to 35.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @34.92 from a trend line in the daily time frame.
- A support zone ranging from 29.84 to 30.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.59 from a trend line in the daily time frame.
- A support zone ranging from 27.10 to 27.11. This zone is formed by a combination of multiple trend lines 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 NKSH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NKSH is up. |
| ChartMill Relative Strength | 88.11 | POSITIVE | NKSH has a high relative strength, it outperformed 88.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NKSH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NKSH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NKSH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 82.23 | OVERBOUGHT | The high RSI value suggests NKSH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests NKSH has a positive trend. |
| Stochastics (14,3) | 91.53 | OVERBOUGHT | The high Stochastics value suggests NKSH may be overbought. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for NKSH suggests some volalility. |
| Average Directional Index/ADX (14) | 46.69 | POSITIVE | The high ADX value value for NKSH suggests a strong trend. |
38.94
+0.48 (+1.25%)
NATIONAL BANKSHARES INC/VA / NKSH FAQ
What is the technical rating for NKSH stock?
ChartMill assigns a technical rating of 10 / 10 to NKSH.
What is the current trend direction of NATIONAL BANKSHARES INC/VA (NKSH) stock?
The current trend direction for NATIONAL BANKSHARES INC/VA (NKSH) is Bullish.
What is the RSI signal for NATIONAL BANKSHARES INC/VA (NKSH) stock?
NATIONAL BANKSHARES INC/VA (NKSH) has an RSI value of 82.2288. This indicates that the stock is currently overbought.
What is the MACD signal for NKSH stock?
The MACD indicator for NATIONAL BANKSHARES INC/VA (NKSH) has a value of 0.25186, indicating a bearish trend.
What is the support and resistance level for NKSH stock?
NATIONAL BANKSHARES INC/VA (NKSH) has a support level at 35.92. Check the full technical report for our detailed analysis of NKSH support and resistance levels.