NELNET INC-CL A (NNI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NNI - US64031N1081 - Common Stock
Overall NNI gets a technical rating of 10 out of 10. Both in the recent history as in the last year, NNI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although NNI has an excellent technical rating, it does not present a decent entry opportunity 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
112.86
When analyzing the support we can see 2 important areas.
- A support zone ranging from 124.73 to 134.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @114.00 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 | 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 | 83.67 | POSITIVE | NNI has a high relative strength, it outperformed 83.67% off all stocks 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) | 67.7 | NEUTRAL | The RSI value for NNI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.91 | POSITIVE | The MACD value suggests NNI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.94 | OVERBOUGHT | The high Stochastics value suggests NNI may be overbought. |
| 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) | 26.64 | POSITIVE | The high ADX value value for NNI suggests a strong trend. |
138.59
-0.73 (-0.52%)
NELNET INC-CL A / NNI FAQ
What is the ChartMill technical rating of NELNET INC-CL A (NNI) stock?
ChartMill assigns a technical rating of 10 / 10 to NNI.
What is the current trend direction of NELNET INC-CL A (NNI) stock?
The current trend direction for NELNET INC-CL A (NNI) is Bullish.
What is the RSI signal for NELNET INC-CL A (NNI) stock?
NELNET INC-CL A (NNI) has an RSI value of 67.6996. This indicates that the stock is currently neutral.
What is the MACD signal for NNI stock?
The MACD indicator for NELNET INC-CL A (NNI) has a value of 0.905172, indicating a bearish trend.
What is the support and resistance level for NNI stock?
NELNET INC-CL A (NNI) has a support level at 134.12. Check the full technical report for our detailed analysis of NNI support and resistance levels.