NELNET INC-CL A (NNI) Stock Technical Analysis
USA - NYSE:NNI - US64031N1081 - Common Stock
131.08 USD
+1.76 (+1.36%)
131.08 USD
0 (0%)
Overall NNI gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NNI is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
NNI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NNI is lagging the market slightly.
In the last month NNI has a been trading in the 124.16 - 133.58 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, NNI outperforms 69% of them, which is more or less in line with the market.
NNI is an average performer in the Consumer Finance industry, it outperforms 51% of 55 stocks in the same industry.
Besides having an excellent technical rating, NNI also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 131.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 130.27, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
105.15
132.72
4 important support areas can be observed.
- A support zone ranging from 125.38 to 130.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 122.64 to 122.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 111.72 to 112.45. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @106.21 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 131.09 to 131.41. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for NNI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NNI is up. |
| ChartMill Relative Strength | 69.83 | NEUTRAL | NNI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NNI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NNI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NNI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.05 | NEUTRAL | The RSI value for NNI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests NNI has a positive trend. |
| Stochastics (14,3) | 57.81 | NEUTRAL | The Stochastics value for NNI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for NNI suggests some volalility. |
| Average Directional Index/ADX (14) | 30.1 | POSITIVE | The high ADX value value for NNI 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 131.42 | 125.41 | 6.01 (4.57%) | 21.87% |
| An entry @131.42. This is a Buy Stop order right above the resistance zone. | An exit @125.41. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 6.01 points, which is 4.57%. | For a 1.00% total portfolio risk, you can invest 21.87% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
131.08
+1.76 (+1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg1.36%
1 Week2.17%
2 Weeks0.96%
1 Month2.74%
3 Month5.03%
6 Month23.94%
12 Month16.68%
2 Year54.56%
3 Year47.13%
5 Year114.74%
10 Year266.35%
15 Year483.36%
Volatility
ATR(14)3
ATR(20)%2.12%
ATR Inc35.57%
Range Today3.94
ADR(20)2.74
ADR(20)%2.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.83
Mansfield0.17
10 Day High133.58
10 Day Low125.42
20 Day High133.58
20 Day Low124.16
52 Week High136.17
52 Week Low98.15
CS1 End130.27
CR1 Start131.09
Volume & EV
DER(3)1.06%
DER(5)0.6%
Volume124.30K
Volume Incr-8.59%
Vol(5)82.30K
Vol(50)80.90K