NELNET INC-CL A (NNI) Stock Technical Analysis
USA - NYSE:NNI - US64031N1081 - Common Stock
127.09 USD
-1.28 (-1%)
127.09 USD
0 (0%)
We assign a technical rating of 6 out of 10 to NNI. 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.
NNI is one of the lesser performing stocks in the Consumer Finance industry. 60% of 54 stocks in the same industry do better.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
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.
When compared to the yearly performance of all other stocks, NNI outperforms 66% of them, which is more or less in line with the market.
In the last month NNI has a been trading in the 122.24 - 136.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
NNI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 126.94, a Stop Loss order could be placed below this zone.
More info and screens
104.56
131.58
We found 5 important support areas.
- A support zone ranging from 122.65 to 126.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 @110.18 from a trend line in the weekly time frame.
- Support @105.62 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 130.28 to 130.28. 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 | NEUTRAL | NEUTRAL | The short term trend for NNI is neutral. |
| ChartMill Relative Strength | 66.79 | 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) | 53.28 | NEUTRAL | The RSI value for NNI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests NNI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for NNI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for NNI suggests some volalility. |
| Average Directional Index/ADX (14) | 32.62 | 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 |
|---|---|---|---|
| 130.29 | 122.64 | 7.65 (5.87%) | 17.03% |
| An entry @130.29. This is a Buy Stop order right above the resistance zone. | An exit @122.64. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 7.65 points, which is 5.87%. | When investing 17.03% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
127.09
-1.28 (-1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-1%
1 Week3.09%
2 Weeks-1.34%
1 Month1.78%
3 Month12.03%
6 Month13.76%
12 Month12.53%
2 Year42.29%
3 Year60.49%
5 Year110.94%
10 Year267.21%
15 Year455.46%
Volatility
ATR(14)3.51
ATR(20)%2.52%
ATR Inc30.85%
Range Today3.72
ADR(20)3.09
ADR(20)%2.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.79
Mansfield-0.04
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 End126.94
CR1 Start130.28
Volume & EV
DER(3)1.21%
DER(5)1.1%
Volume474.10K
Volume Incr124.48%
Vol(5)158.56K
Vol(50)89.29K