Overall NNBR gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. NNBR was also a bad performer in the overall market in the last year.
- 87% of all other stocks performed better in the past year than NNBR.
- NNBR is one of the lesser performing stocks in the Machinery industry. 80% of 131 stocks in the same industry do better.
- NNBR 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.
- In the last month NNBR has a been trading in the 1.33 - 1.67 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NNBR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.64. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for NNBR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.48
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.54 to 1.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.49 to 1.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.64 to 1.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.73 from a trend line in the weekly time frame.
- Resistance @1.82 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 NNBR is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NNBR is up. |
| ChartMill Relative Strength | 13.61 | NEGATIVE | NNBR has a low relative strength, it was outperformed by 86.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NNBR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NNBR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NNBR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.53 | NEUTRAL | The RSI value for NNBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NNBR has a positive trend. |
| Stochastics (14,3) | 68.69 | NEUTRAL | The Stochastics value for NNBR is a neutral value. |
| Average True Range in percent/ATR (20) | 6.42 | HIGH VOLATILITY | The high ATR as a percentage value for NNBR suggests high volalility. |
| Average Directional Index/ADX (14) | 35.97 | POSITIVE | The high ADX value value for NNBR suggests a strong trend. |
1.63
+0.09 (+5.84%)
NN INC / NNBR FAQ
What is the ChartMill technical rating of NN INC (NNBR) stock?
ChartMill assigns a technical rating of 4 / 10 to NNBR.
What is the current trend direction of NN INC (NNBR) stock?
The current trend direction for NN INC (NNBR) is Bearish.
Can you provide the RSI signal for NN INC?
NN INC (NNBR) has an RSI value of 64.528. This indicates that the stock is currently neutral.
What is the MACD signal for NNBR stock?
The MACD indicator for NN INC (NNBR) has a value of 0.00452074, indicating a bearish trend.
Can you provide the buy/sell signal for NN INC?
The buy/sell signal for NN INC (NNBR) is hold as the short term and long term trends are mixed.