1.47 USD
+0.03 (+2.08%)
1.4782 USD
+0.01 (+0.56%)
We assign a technical rating of 2 out of 10 to NNBR. In the past year, NNBR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, NNBR is a bad performer in the overall market: 90% of all stocks are doing better.
NNBR is one of the lesser performing stocks in the Machinery industry. 83% of 132 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 1.15 - 1.50 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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.
More info and screens
1.13
1.94
3 important support areas can be observed.
- A support zone ranging from 1.34 to 1.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.28 to 1.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.14 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.47 to 1.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.84 from a trend line in the weekly time frame.
- Resistance @1.92 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 | 10.23 | NEGATIVE | NNBR has a low relative strength, it was outperformed by 89.77% 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) | 62.42 | 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) | 90.97 | OVERBOUGHT | The high Stochastics value suggests NNBR may be overbought. |
| Average True Range in percent/ATR (20) | 6.29 | HIGH VOLATILITY | The high ATR as a percentage value for NNBR suggests high volalility. |
| Average Directional Index/ADX (14) | 29.8 | POSITIVE | The high ADX value value for NNBR 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)
1.47
+0.03 (+2.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg2.08%
1 Week13.08%
2 Weeks16.67%
1 Month15.75%
3 Month-16%
6 Month-25.76%
12 Month-44.53%
2 Year-68.11%
3 Year-28.64%
5 Year-75.62%
10 Year-87.87%
15 Year-88.79%
Volatility
ATR(14)0.1
ATR(20)%6.29%
ATR Inc35.37%
Range Today0.13
ADR(20)0.09
ADR(20)%6.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.23
3 months CRS15.78
6 months CRS12.44
Mansfield-3.7
10 Day High1.5
10 Day Low1.2
20 Day High1.5
20 Day Low1.15
52 Week High3.52
52 Week Low1.1
CS1 End1.35
CR1 Start1.47
Volume & EV
DER(3)-1.43%
DER(5)-4.02%
Volume475.12K
Volume Incr-46.1%
Vol(5)284.42K
Vol(50)390.90K
NN INC / NNBR FAQ
What is the ChartMill technical rating of NN INC (NNBR) stock?
ChartMill assigns a technical rating of 2 / 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 62.4247. 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 0.0326316, 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.