NMI HOLDINGS INC (NMIH) Stock Technical Analysis
NASDAQ:NMIH - Nasdaq - US6292093050 - Common Stock - Currency: USD
Overall NMIH gets a technical rating of 0 out of 10. NMIH'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.
When comparing the yearly performance of all stocks, NMIH is a bad performer in the overall market: 67% of all stocks are doing better.
In the last month NMIH has a been trading in the 36.62 - 42.57 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
NMIH is an average performer in the Financial Services industry, it outperforms 48% of 101 stocks in the same industry.
NMIH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NMIH is lagging the market slightly.
The technical rating of NMIH is bad and it also does not present a 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
32.45
39.02
When analyzing the support we can see 3 important areas.
- Support @34.55 from a trend line in the weekly time frame.
- Support @33.39 from a horizontal line in the weekly time frame.
- Support @32.78 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 37.22 to 38.63. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for NMIH is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NMIH is down. |
| ChartMill Relative Strength | 33.56 | NEUTRAL | NMIH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NMIH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NMIH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NMIH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.06 | NEUTRAL | The RSI value for NMIH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests NMIH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.68 | NEUTRAL | The Stochastics value for NMIH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for NMIH suggests some volalility. |
| Average Directional Index/ADX (14) | 25.17 | POSITIVE | The high ADX value value for NMIH 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)
37.19
-0.13 (-0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-0.35%
1 Week-2.31%
2 Weeks-2.16%
1 Month-13.81%
3 Month-1.14%
6 Month-3.7%
12 Month-1.33%
2 Year29.94%
3 Year81.15%
5 Year116.85%
10 Year347%
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%2.39%
ATR Inc29.86%
Range Today0.9
ADR(20)0.84
ADR(20)%2.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.56
Mansfield-0.84
10 Day High38.93
10 Day Low36.62
20 Day High42.57
20 Day Low36.62
52 Week High43.2
52 Week Low31.9
CS1 End34.55
CR1 Start37.22
Volume & EV
DER(3)-1.79%
DER(5)-0.88%
Volume585.60K
Volume Incr8.98%
Vol(5)559.08K
Vol(50)550.16K