We assign a technical rating of 8 out of 10 to NKSH. Although NKSH is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although NKSH has an excellent technical rating, it does not present a decent entry opportunity 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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26.60
3 important support areas can be observed.
- A support zone ranging from 29.14 to 29.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.00 from a trend line in the daily time frame.
- A support zone ranging from 26.87 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 | 76.83 | POSITIVE | NKSH has a high relative strength, it outperformed 76.83% 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) | 73.44 | OVERBOUGHT | The high RSI value suggests NKSH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests NKSH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.96 | OVERBOUGHT | The high Stochastics value suggests NKSH may be overbought. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for NKSH suggests some volalility. |
| Average Directional Index/ADX (14) | 36.77 | POSITIVE | The high ADX value value for NKSH suggests a strong trend. |
34.51
-0.35 (-1%)
NATIONAL BANKSHARES INC/VA / NKSH FAQ
What is the technical rating for NKSH stock?
ChartMill assigns a technical rating of 8 / 10 to NKSH.
Can you provide the trend direction for NATIONAL BANKSHARES INC/VA?
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 73.435. This indicates that the stock is currently overbought.
What is the buy/sell signal for NATIONAL BANKSHARES INC/VA (NKSH) stock?
The buy/sell signal for NATIONAL BANKSHARES INC/VA (NKSH) is buy as both the short term and long term trends are positive.
What is the support and resistance level for NKSH stock?
NATIONAL BANKSHARES INC/VA (NKSH) has a support level at 29.98. Check the full technical report for our detailed analysis of NKSH support and resistance levels.