NATIONAL BANKSHARES INC/VA (NKSH) Technical Analysis
NASDAQ:NKSH • US6348651091
Current stock price
NKSH Technical Rating and Analysis
Taking everything into account, NKSH scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- Warning: NKSH has an average volume of 17810 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- When comparing the yearly performance of all stocks, we notice that NKSH is one of the better performing stocks in the market, outperforming 82% of all stocks.
- NKSH is one of the better performing stocks in the Banks industry, it outperforms 86% of 381 stocks in the same industry.
- NKSH is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NKSH is performing more or less in line with the market.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- In the last month NKSH has a been trading in the 34.32 - 39.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
NKSH Weekly and Daily overview Charts
NKSH Setup Rating and Analysis
NKSH has an average technical rating and it also 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
NKSH Support and Resistance Analysis
26.84
When analyzing the support we can see 5 important areas.
- A support zone ranging from 35.72 to 35.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.07 from a trend line in the weekly time frame.
- Support @29.84 from a horizontal line in the daily time frame.
- Support @29.19 from a trend line in the daily time frame.
- Support @27.11 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 36.82 to 37.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 38.95 to 38.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
NKSH Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for NKSH is down. |
| ChartMill Relative Strength | 82.22 | POSITIVE | NKSH has a high relative strength, it outperformed 82.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NKSH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NKSH is below 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) | 36.09 | NEUTRAL | The RSI value for NKSH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests NKSH has a negative trend. |
| Stochastics (14,3) | 46.14 | NEUTRAL | The Stochastics value for NKSH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for NKSH suggests some volalility. |
| Average Directional Index/ADX (14) | 29.77 | POSITIVE | The high ADX value value for NKSH suggests a strong trend. |
NKSH Chart- and CandleStick Pattern Analysis
NKSH Technicals: Chart, Performance Metrics, Trend & Indicators
35.73
-0.77 (-2.11%)
NATIONAL BANKSHARES INC/VA / NKSH TA FAQ
What is the technical rating for NKSH stock?
ChartMill assigns a technical rating of 6 / 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 36.0939. This indicates that the stock is currently neutral.
What is the MACD signal for NKSH stock?
The MACD indicator for NATIONAL BANKSHARES INC/VA (NKSH) has a value of -0.235333, indicating a bearish trend.
What is the support and resistance level for NKSH stock?
NATIONAL BANKSHARES INC/VA (NKSH) has a support level at 35.72 and a resistance level at 36.82. Check the full technical report for our detailed analysis of NKSH support and resistance levels.