NRDY Technical Analysis - NERDY INC

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to NRDY. NRDY'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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, NRDY is a bad performer in the overall market: 81% of all stocks are doing better.

NRDY 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 NRDY has a been trading in the 1.05 - 1.42 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.

NRDY is an average performer in the Diversified Consumer Services industry, it outperforms 43% of 75 stocks in the same industry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of NRDY 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.10

1.78

6 important resistance areas can be observed.

A resistance zone ranging from 1.25 to 1.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Resistance @1.37 from a horizontal line in the daily time frame.
Resistance @1.40 from a trend line in the weekly time frame.
A resistance zone ranging from 1.51 to 1.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @1.64 from a trend line in the daily time frame.
Resistance @1.76 from a horizontal line in the daily time frame.

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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 NRDY is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for NRDY is down.
ChartMill Relative Strength	19.39	NEGATIVE	NRDY has a low relative strength, it was outperformed by 80.61% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of NRDY is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of NRDY is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of NRDY is below a declining SMA(200).
Relative Strength Index/RSI (14)	33.45	NEUTRAL	The RSI value for NRDY is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.01	NEGATIVE	The MACD value suggests NRDY has a negative trend, although the MACD value is rising.
Stochastics (14,3)	17.36	OVERSOLD	The low Stochastics value suggests NRDY may be oversold.
Average True Range in percent/ATR (20)	6.38	HIGH VOLATILITY	The high ATR as a percentage value for NRDY suggests high volalility.
Average Directional Index/ADX (14)	30.1	POSITIVE	The high ADX value value for NRDY suggests a strong trend.