We assign a technical rating of 0 out of 10 to NMTC. NMTC'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.
Although the technical rating is bad, NMTC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.60
We found 2 important support areas.
- Support @0.63 from a horizontal line in the weekly time frame.
- Support @0.61 from a trend line in the daily time frame.
6 important resistance areas can be observed.
- A resistance zone ranging from 0.67 to 0.68. 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 0.70 to 0.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.89 from a trend line in the weekly time frame.
- Resistance @1.03 from a horizontal line in the daily time frame.
- Resistance @1.08 from a horizontal line in the daily time frame.
- Resistance @1.16 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for NMTC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NMTC is down. |
| ChartMill Relative Strength | 39.17 | NEUTRAL | NMTC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NMTC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NMTC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NMTC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.19 | NEUTRAL | The RSI value for NMTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NMTC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.73 | NEUTRAL | The Stochastics value for NMTC is a neutral value. |
| Average True Range in percent/ATR (20) | 7.79 | HIGH VOLATILITY | The high ATR as a percentage value for NMTC suggests high volalility. |
| Average Directional Index/ADX (14) | 16.19 | NEGATIVE | The low ADX value for NMTC suggests a weak or negative trend. |
0.6623
-0.02 (-2.76%)
NEUROONE MEDICAL TECHNOLOGIE / NMTC FAQ
What is the technical rating for NMTC stock?
ChartMill assigns a technical rating of 0 / 10 to NMTC.
What is the trend direction for NMTC stock?
The current trend direction for NEUROONE MEDICAL TECHNOLOGIE (NMTC) is Bearish.
What is the RSI signal for NMTC stock?
NEUROONE MEDICAL TECHNOLOGIE (NMTC) has an RSI value of 40.1886. This indicates that the stock is currently neutral.
What is the MACD signal for NEUROONE MEDICAL TECHNOLOGIE (NMTC) stock?
The MACD indicator for NEUROONE MEDICAL TECHNOLOGIE (NMTC) has a value of 0.00786305, indicating a bearish trend.
What is the buy/sell signal for NMTC stock?
The buy/sell signal for NEUROONE MEDICAL TECHNOLOGIE (NMTC) is sell as both the short term and long term trends are negative.