NERDWALLET INC-CL A (NRDS) Technical Analysis
NASDAQ:NRDS • US64082B1026
Current stock price
NRDS Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to NRDS. In the past year, NRDS was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- In the last month NRDS has a been trading in the 10.08 - 11.27 range, which is quite wide. It is currently trading near the high of this range.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- When compared to the yearly performance of all other stocks, NRDS outperforms 53% of them, which is more or less in line with the market.
- NRDS is an average performer in the Consumer Finance industry, it outperforms 66% of 54 stocks in the same industry.
- NRDS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NRDS is lagging the market.
- Considerably lower volume is observed in the last couple of days.
NRDS Weekly and Daily overview Charts
NRDS Setup Rating and Analysis
Although the technical rating is only medium, NRDS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 11.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.92, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NRDS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
NRDS Support and Resistance Analysis
9.09
We found 4 important support areas.
- A support zone ranging from 10.45 to 10.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.92 from a horizontal line in the weekly time frame.
- Support @9.69 from a trend line in the weekly time frame.
- A support zone ranging from 9.18 to 9.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 11.09 to 11.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.25 from a trend line in the weekly time frame.
- Resistance @15.61 from a horizontal line in the weekly time frame.
NRDS Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for NRDS is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NRDS is up. |
| ChartMill Relative Strength | 53.49 | NEUTRAL | NRDS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NRDS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NRDS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NRDS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.96 | NEUTRAL | The RSI value for NRDS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests NRDS has a positive trend. |
| Stochastics (14,3) | 69.4 | NEUTRAL | The Stochastics value for NRDS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for NRDS suggests some volalility. |
| Average Directional Index/ADX (14) | 12.31 | NEGATIVE | The low ADX value for NRDS suggests a weak or negative trend. |
NRDS Chart- and CandleStick Pattern Analysis
NRDS Technicals: Chart, Performance Metrics, Trend & Indicators
11.08
+0.19 (+1.74%)
NERDWALLET INC-CL A / NRDS TA FAQ
What is the technical rating for NRDS stock?
ChartMill assigns a technical rating of 4 / 10 to NRDS.
Can you provide the trend direction for NERDWALLET INC-CL A?
The current trend direction for NERDWALLET INC-CL A (NRDS) is Bearish.
Can you provide the RSI signal for NERDWALLET INC-CL A?
NERDWALLET INC-CL A (NRDS) has an RSI value of 57.9597. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NERDWALLET INC-CL A?
The short term momentum for NERDWALLET INC-CL A (NRDS) is positive.
Can you provide the support and resistance levels for NERDWALLET INC-CL A?
NERDWALLET INC-CL A (NRDS) has a support level at 10.92 and a resistance level at 11.09. Check the full technical report for our detailed analysis of NRDS support and resistance levels.