NELNET INC-CL A (NNI) Stock Technical Analysis
NYSE:NNI - New York Stock Exchange, Inc. - US64031N1081 - Common Stock - Currency: USD
Overall NNI gets a technical rating of 1 out of 10. NNI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
NNI is currently trading in the lower part of its 52 week range. But, the S&P500 Index is also trading in the lower part of its yearly range, so NNI is not an exception.
In the last month NNI has a been trading in the 98.15 - 114.42 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, NNI did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
NNI is part of the Consumer Finance industry. There are 53 other stocks in this industry, NNI did better than 55% of them.
Although the technical rating is bad, NNI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 107.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 104.26, a Stop Loss order could be placed below this zone.
More info and screens
100.26
126.17
When analyzing the support we notice one important area.
- A support zone ranging from 101.27 to 102.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 107.16 to 109.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @124.92 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.34
Mansfield0.29
10 Day High108
10 Day Low98.15
20 Day High114.42
20 Day Low98.15
52 Week High127.32
52 Week Low93.69
Performance
1 Week-2.18%
2 Weeks-0.67%
1 Month-8.62%
3 Month-7.82%
6 Month-9.12%
12 Month7.67%
2 Year6.01%
3 Year24.39%
5 Year112.03%
10 Year128.03%
15 Year411.47%
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)
Technical Indicators
MACD(12,26,9)-0.16
RSI(14)35.82
LBB99.25
UBB111.29
102.09
-2.69 (-2.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-2.57%
1 Week-2.18%
2 Weeks-0.67%
1 Month-8.62%
3 Month-7.82%
6 Month-9.12%
12 Month7.67%
2 Year6.01%
3 Year24.39%
5 Year112.03%
10 Year128.03%
15 Year411.47%
Volatility
ATR(14)3.94
ATR(20)%3.39%
ATR Inc-40.92%
Range Today2
ADR(20)3.02
ADR(20)%2.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.34
Mansfield0.29
10 Day High108
10 Day Low98.15
20 Day High114.42
20 Day Low98.15
52 Week High127.32
52 Week Low93.69
CS1 End104.26
CR1 Start107.16
Volume & EV
DER(3)-0.72%
DER(5)-0.92%
Volume52.15K
Volume Incr-38.3%
Vol(5)41.95K
Vol(50)56.04K