NERDY INC (NRDY) Stock Technical Analysis
NYSE:NRDY - New York Stock Exchange, Inc. - US64081V1098 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to NRDY. NRDY has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month NRDY has a been trading in the 1.45 - 1.83 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Looking at the yearly performance, NRDY did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
NRDY is part of the Diversified Consumer Services industry. There are 72 other stocks in this industry, NRDY did better than 59% of them.
NRDY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NRDY is lagging the market slightly.
Besides having an excellent technical rating, NRDY also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for NRDY in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
1.40
1.80
4 important support areas can be observed.
- A support zone ranging from 1.61 to 1.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.53 to 1.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.50 from a trend line in the weekly time frame.
- Support @1.41 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @1.72 from a horizontal line in the weekly time frame.
- Resistance @1.78 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for NRDY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NRDY is up. |
| ChartMill Relative Strength | 74.15 | POSITIVE | NRDY has a high relative strength, it outperformed 74.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NRDY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NRDY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NRDY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.53 | NEUTRAL | The RSI value for NRDY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NRDY has a negative trend. |
| Stochastics (14,3) | 65.55 | NEUTRAL | The Stochastics value for NRDY is a neutral value. |
| Average True Range in percent/ATR (20) | 6.33 | HIGH VOLATILITY | The high ATR as a percentage value for NRDY suggests high volalility. |
| Average Directional Index/ADX (14) | 11.99 | NEGATIVE | The low ADX value for NRDY suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.73 | 1.60 | 0.13 (7.51%) | 13.31% |
| An entry @1.73. This is a Buy Stop order right above the resistance zone. | An exit @1.60. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.13 points, which is 7.51%. | For a 1.00% total portfolio risk, you can invest 13.31% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NRDY. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1.67
-0.04 (-2.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-2.34%
1 Week3.73%
2 Weeks-1.18%
1 Month0.6%
3 Month3.09%
6 Month3.73%
12 Month13.61%
2 Year-59.95%
3 Year-21.6%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%6.33%
ATR Inc-41.5%
Range Today0.06
ADR(20)0.1
ADR(20)%5.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.15
Mansfield1.15
10 Day High1.8
10 Day Low1.51
20 Day High1.83
20 Day Low1.45
52 Week High2.18
52 Week Low0.73
CS1 End1.62
CR1 Start1.72
Volume & EV
DER(3)8.24%
DER(5)4.46%
Volume400.40K
Volume Incr-1.43%
Vol(5)576.24K
Vol(50)613.52K