NLSP Technical Analysis - NLS PHARMACEUTICS LTD

Technical Rating and Analysis

Overall NLSP gets a technical rating of 2 out of 10. NLSP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

96% of all other stocks performed better in the past year than NLSP.

NLSP is one of the lesser performing stocks in the Pharmaceuticals industry. 83% of 196 stocks in the same industry do better.

NLSP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.

In the last month NLSP has a been trading in the 1.76 - 2.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

NLS PHARMACEUTICS LTD / NLSP Weekly stock chart

NLS PHARMACEUTICS LTD / NLSP Daily stock chart

Setup Rating and Analysis

NLSP has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.77

2.72

2 important support areas can be observed.

Support @1.84 from a trend line in the daily time frame.
A support zone ranging from 1.79 to 1.80. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 5 important resistance areas.

A resistance zone ranging from 2.09 to 2.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @2.19 from a horizontal line in the weekly time frame.
Resistance @2.40 from a trend line in the daily time frame.
Resistance @2.51 from a trend line in the weekly time frame.
Resistance @2.69 from a trend line in the daily time frame.

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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	NEUTRAL	NEUTRAL	The long term trend for NLSP is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for NLSP is neutral.
ChartMill Relative Strength	4.36	NEGATIVE	NLSP has a low relative strength, it was outperformed by 95.64% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of NLSP is below the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of NLSP is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of NLSP is above the rising SMA(200).
Relative Strength Index/RSI (14)	46.26	NEUTRAL	The RSI value for NLSP is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	NEGATIVE	The MACD value suggests NLSP has a negative trend.
Stochastics (14,3)	43.1	NEUTRAL	The Stochastics value for NLSP is a neutral value.
Average True Range in percent/ATR (20)	10.49	HIGH VOLATILITY	The high ATR as a percentage value for NLSP suggests high volalility.
Average Directional Index/ADX (14)	18.08	NEGATIVE	The low ADX value for NLSP suggests a weak or negative trend.