NYSE:NRE - New York Stock Exchange, Inc. -
Taking everything into account, NRE scores 7 out of 10 in our technical rating. In the last year, NRE was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Besides having an excellent technical rating, NRE also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 17.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.02, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
14.45
We found 3 important support areas.
2 important resistance areas can be observed.
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 |
---|---|---|---|
17.05 | 16.95 | 0.10 (0.59%) | 25.00% |
An entry @17.05. This is a Buy Stop order right above the 10 day high. | An exit @16.95. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.10 points, which is 0.59%. | For a 0.15% total portfolio risk, you can invest 25.00% of your capital in this trade. |
17.02
+0.03 (+0.18%)