NIELSEN HOLDINGS PLC (NLSN) Stock Technical Analysis
NYSE:NLSN - New York Stock Exchange, Inc. - GB00BWFY5505 - Common Stock - Currency: USD
Taking everything into account, NLSN scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NLSN is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, NLSN did better than 96% of all other stocks.
NLSN is one of the better performing stocks in the Professional Services industry, it outperforms 97% of 81 stocks in the same industry.
NLSN is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NLSN is leading the market.
NLSN has an average volume of 5255680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month NLSN has a been trading in a tight range between 27.69 and 28.00.
Volume is considerably higher in the last couple of days.
Although NLSN 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
21.99
28.29
When analyzing the support we can see 5 important areas.
- A support zone ranging from 26.99 to 27.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.83 from a trend line in the weekly time frame.
- Support @25.27 from a trend line in the daily time frame.
- A support zone ranging from 23.94 to 23.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.21 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 27.99 to 28.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 NLSN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NLSN is up. |
| ChartMill Relative Strength | 96.7 | POSITIVE | NLSN has a high relative strength, it outperformed 96.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NLSN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NLSN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NLSN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.13 | NEUTRAL | The RSI value for NLSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests NLSN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 94.44 | OVERBOUGHT | The high Stochastics value suggests NLSN may be overbought. |
| Average True Range in percent/ATR (20) | 0.26 | LOW VOLATILITY | The low ATR as a percentage value for NLSN suggests low volalility. |
| Average Directional Index/ADX (14) | 36.29 | POSITIVE | The high ADX value value for NLSN 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 28.02 | 27.68 | 0.34 (1.21%) | 25.00% |
| An entry @28.02. This is a Buy Stop order right above the resistance zone. | An exit @27.68. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.34 points, which is 1.21%. | For a 0.30% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
27.98
+0.01 (+0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg0.04%
1 Week0.21%
2 Weeks0.68%
1 Month0.43%
3 Month19.73%
6 Month2.12%
12 Month41.53%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%0.26%
ATR Inc-62.75%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.7
Mansfield4.03
10 Day High28
10 Day Low27.69
20 Day High28
20 Day Low27.69
52 Week High28
52 Week Low16.02
CS1 End27.88
CR1 Start27.99
Volume & EV
DER(3)-0.41%
DER(5)3.15%
Volume22.43M
Volume Incr56.53%
Vol(5)7.23M
Vol(50)5.26M