NMI HOLDINGS INC (NMIH) Stock Technical Analysis
NASDAQ:NMIH - US6292093050 - Common Stock
40.345 USD
+1.12 (+2.84%)
40.345 USD
0 (0%)
We assign a technical rating of 6 out of 10 to NMIH. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NMIH is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
NMIH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NMIH is lagging the market slightly.
In the last month NMIH has a been trading in the 36.62 - 40.42 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, NMIH outperforms 46% of them, which is more or less in line with the market.
NMIH is an average performer in the Financial Services industry, it outperforms 49% of 100 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
NMIH has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
34.45
43.59
We found 3 important support areas.
- A support zone ranging from 38.65 to 39.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.19 to 38.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.80 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 43.16 to 43.16. 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 NMIH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NMIH is up. |
| ChartMill Relative Strength | 46.05 | NEUTRAL | NMIH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NMIH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NMIH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NMIH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.54 | NEUTRAL | The RSI value for NMIH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests NMIH has a positive trend. |
| Stochastics (14,3) | 81.32 | OVERBOUGHT | The high Stochastics value suggests NMIH may be overbought. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for NMIH suggests low volalility. |
| Average Directional Index/ADX (14) | 18.71 | NEGATIVE | The low ADX value for NMIH suggests a weak or negative 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)
40.345
+1.12 (+2.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg2.84%
1 Week3.53%
2 Weeks3.5%
1 Month5.98%
3 Month6.28%
6 Month15.67%
12 Month1.37%
2 Year40.97%
3 Year96.52%
5 Year135.25%
10 Year384.92%
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%1.79%
ATR Inc21.34%
Range Today1.1
ADR(20)0.71
ADR(20)%1.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.05
Mansfield-0.36
10 Day High40.42
10 Day Low38.64
20 Day High40.42
20 Day Low36.62
52 Week High43.2
52 Week Low31.9
CS1 End39.51
CR1 Start43.16
Volume & EV
DER(3)-0.64%
DER(5)-2.23%
Volume334.60K
Volume Incr-31.24%
Vol(5)306.40K
Vol(50)483.21K