NELNET INC-CL A (NNI) Stock Technical Analysis
USA - NYSE:NNI - US64031N1081 - Common Stock
123.28 USD
-1.49 (-1.19%)
123.28 USD
0 (0%)
We assign a technical rating of 4 out of 10 to NNI. In the last year, NNI was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
NNI is part of the Consumer Finance industry. There are 54 other stocks in this industry, of which 64% are performing better than NNI.
In the last month NNI has a been trading in the 122.24 - 136.17 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the performance of all stocks over the past year, NNI turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
NNI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NNI is lagging the market.
Although the technical rating is only medium, NNI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 122.82, a Stop Loss order could be placed below this zone.
More info and screens
104.45
131.57
5 important support areas can be observed.
- A support zone ranging from 122.65 to 122.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @119.62 from a horizontal line in the daily time frame.
- Support @112.45 from a horizontal line in the weekly time frame.
- Support @109.87 from a trend line in the weekly time frame.
- Support @105.50 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 123.45 to 127.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 130.27 to 130.27. 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 | DOWN | NEGATIVE | The short term trend for NNI is down. |
| ChartMill Relative Strength | 60.49 | NEUTRAL | NNI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NNI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NNI is below 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) | 42.01 | NEUTRAL | The RSI value for NNI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.78 | NEGATIVE | The MACD value suggests NNI has a negative trend. |
| Stochastics (14,3) | 9.52 | OVERSOLD | The low Stochastics value suggests NNI may be oversold. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for NNI suggests some volalility. |
| Average Directional Index/ADX (14) | 31.14 | 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)
123.28
-1.49 (-1.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-1.19%
1 Week-4.29%
2 Weeks-4.41%
1 Month-4.16%
3 Month9.63%
6 Month6.95%
12 Month9.12%
2 Year38.02%
3 Year55.68%
5 Year104.61%
10 Year256.2%
15 Year438.81%
Volatility
ATR(14)3.04
ATR(20)%2.39%
ATR Inc-34.12%
Range Today2.22
ADR(20)2.83
ADR(20)%2.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.49
Mansfield-0.25
10 Day High136.17
10 Day Low122.24
20 Day High136.17
20 Day Low122.24
52 Week High136.17
52 Week Low98.15
CS1 End122.82
CR1 Start123.45
Volume & EV
DER(3)2.19%
DER(5)2.01%
Volume50.30K
Volume Incr13.35%
Vol(5)81.42K
Vol(50)83.01K