NASDAQ:NRDS - US64082B1026 - Common Stock
We assign a technical rating of 1 out of 10 to NRDS. NRDS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, NRDS 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 10.29, 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.
8.47
4 important support areas can be observed.
When analyzing the resistance we notice 4 important areas.
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 | NEUTRAL | NEUTRAL | The short term trend for NRDS is neutral. |
ChartMill Relative Strength | 15.43 | NEGATIVE | NRDS has a low relative strength, it was outperformed by 84.57% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NRDS is above a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NRDS is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NRDS is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 49.18 | NEUTRAL | The RSI value for NRDS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests NRDS has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 88.97 | OVERBOUGHT | The high Stochastics value suggests NRDS may be overbought. |
Average True Range in percent/ATR (20) | 4.31 | MEDIUM VOLATILITY | The ATR as a percentage value for NRDS suggests some volalility. |
Average Directional Index/ADX (14) | 11.95 | NEGATIVE | The low ADX value for NRDS suggests a weak or negative trend. |
10.34
-0.12 (-1.15%)