Overall NNBR gets a technical rating of 2 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.
The technical rating of NNBR 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.
1.13
We found 3 important support areas.
We can see 3 important resistance areas.
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 | 9.62 | NEGATIVE | NNBR has a low relative strength, it was outperformed by 90.38% 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) | DOWN | MIXED | The current price of NNBR is above a declining 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) | 60.57 | NEUTRAL | The RSI value for NNBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NNBR has a positive trend. |
| Stochastics (14,3) | 81.48 | OVERBOUGHT | The high Stochastics value suggests NNBR may be overbought. |
| Average True Range in percent/ATR (20) | 6.87 | HIGH VOLATILITY | The high ATR as a percentage value for NNBR suggests high volalility. |
| Average Directional Index/ADX (14) | 28.49 | POSITIVE | The high ADX value value for NNBR suggests a strong trend. |
1.44
+0.07 (+5.11%)
ChartMill assigns a technical rating of 2 / 10 to NNBR.
The current trend direction for NN INC (NNBR) is Bearish.
NN INC (NNBR) has an RSI value of 60.5739. This indicates that the stock is currently neutral.
The MACD indicator for NN INC (NNBR) has a value of 0.0293274, indicating a bearish trend.
The buy/sell signal for NN INC (NNBR) is hold as the short term and long term trends are mixed.