We assign a technical rating of 3 out of 10 to NODK. NODK performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, NODK is a bad performer in the overall market: 71% of all stocks are doing better.
- Warning: NODK has an average volume of 12284 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- NODK is part of the Insurance industry. There are 147 other stocks in this industry, NODK did better than 44% of them.
- NODK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NODK is lagging the market.
- In the last month NODK has a been trading in a tight range between 13.00 and 13.76.
NODK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 13.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.61, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
12.72
We found 2 important support areas.
- A support zone ranging from 13.15 to 13.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.85 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.98 to 13.99. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for NODK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NODK is neutral. |
| ChartMill Relative Strength | 29.2 | NEGATIVE | NODK has a low relative strength, it was outperformed by 70.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NODK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NODK is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NODK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.95 | NEUTRAL | The RSI value for NODK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests NODK has a positive trend. |
| Stochastics (14,3) | 71.86 | NEUTRAL | The Stochastics value for NODK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for NODK suggests some volalility. |
| Average Directional Index/ADX (14) | 9.38 | NEGATIVE | The low ADX value for NODK suggests a weak or negative trend. |
13.62
+0.18 (+1.34%)
NI HOLDINGS INC / NODK FAQ
Can you provide the ChartMill technical rating for NI HOLDINGS INC?
ChartMill assigns a technical rating of 3 / 10 to NODK.
Can you provide the trend direction for NI HOLDINGS INC?
The current trend direction for NI HOLDINGS INC (NODK) is Bearish.
What is the RSI signal for NODK stock?
NI HOLDINGS INC (NODK) has an RSI value of 56.949. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for NI HOLDINGS INC?
NI HOLDINGS INC (NODK) has a support level at 13.61 and a resistance level at 13.98. Check the full technical report for our detailed analysis of NODK support and resistance levels.