NERDWALLET INC-CL A (NRDS) Stock Technical Analysis
NASDAQ:NRDS • US64082B1026
Taking everything into account, NRDS scores 0 out of 10 in our technical rating. NRDS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 90% of all other stocks performed better in the past year than NRDS.
- NRDS is part of the Consumer Finance industry. There are 54 other stocks in this industry, of which 71% are performing better than NRDS.
- NRDS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month NRDS has a been trading in the 9.06 - 13.33 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of NRDS is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.32
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 12.14 to 12.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.61 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for NRDS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NRDS is down. |
| ChartMill Relative Strength | 10.97 | NEGATIVE | NRDS has a low relative strength, it was outperformed by 89.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NRDS is below 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) | UP | MIXED | The current price of NRDS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 24.99 | OVERSOLD | The low RSI value suggests NRDS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests NRDS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.08 | OVERSOLD | The low Stochastics value suggests NRDS may be oversold. |
| Average True Range in percent/ATR (20) | 6.29 | HIGH VOLATILITY | The high ATR as a percentage value for NRDS suggests high volalility. |
| Average Directional Index/ADX (14) | 54.12 | POSITIVE | The high ADX value value for NRDS suggests a strong trend. |
9.41
+0.24 (+2.62%)
NERDWALLET INC-CL A / NRDS FAQ
What is the technical rating for NRDS stock?
ChartMill assigns a technical rating of 0 / 10 to NRDS.
What is the trend direction for NRDS stock?
The current trend direction for NERDWALLET INC-CL A (NRDS) is Bearish.
What is the RSI signal for NERDWALLET INC-CL A (NRDS) stock?
NERDWALLET INC-CL A (NRDS) has an RSI value of 24.9874. This indicates that the stock is currently oversold.
What is the MACD signal for NRDS stock?
The MACD indicator for NERDWALLET INC-CL A (NRDS) has a value of -0.220017, indicating a bearish trend.
What is the buy/sell signal for NERDWALLET INC-CL A (NRDS) stock?
The buy/sell signal for NERDWALLET INC-CL A (NRDS) is sell as both the short term and long term trends are negative.