NEW RESIDENTIAL INVESTMENT (NRZ) Technical Analysis
NYSE:NRZ • US64828T2015
Current stock price
NRZ Technical Rating and Analysis
Taking everything into account, NRZ scores 6 out of 10 in our technical rating. NRZ has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- NRZ is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 68 other stocks in this industry. NRZ outperforms 100% of them.
- NRZ is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NRZ is lagging the market slightly.
- In the last month NRZ has a been trading in the 9.27 - 11.04 range, which is quite wide. It is currently trading near the high of this range.
- NRZ has an average volume of 6072280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that NRZ is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
NRZ Weekly and Daily overview Charts
NRZ Setup Rating and Analysis
NRZ has an average technical rating and it also does not offer a high 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
NRZ Support and Resistance Analysis
8.67
When analyzing the support we can see 4 important areas.
- Support @10.68 from a horizontal line in the daily time frame.
- A support zone ranging from 10.16 to 10.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.32 to 9.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @8.76 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 11.04 to 11.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.52 to 11.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
NRZ 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 | NEUTRAL | NEUTRAL | The long term trend for NRZ is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NRZ is up. |
| ChartMill Relative Strength | 79.32 | POSITIVE | NRZ has a high relative strength, it outperformed 79.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NRZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NRZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NRZ is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.86 | NEUTRAL | The RSI value for NRZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests NRZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.31 | OVERBOUGHT | The high Stochastics value suggests NRZ may be overbought. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for NRZ suggests some volalility. |
NRZ Chart- and CandleStick Pattern Analysis
NRZ Technicals: Chart, Performance Metrics, Trend & Indicators
10.89
-0.02 (-0.18%)
NEW RESIDENTIAL INVESTMENT / NRZ TA FAQ
Can you provide the ChartMill technical rating for NEW RESIDENTIAL INVESTMENT?
ChartMill assigns a technical rating of 6 / 10 to NRZ.
Can you provide the trend direction for NEW RESIDENTIAL INVESTMENT?
The current trend direction for NEW RESIDENTIAL INVESTMENT (NRZ) is Bearish.
What is the RSI signal for NEW RESIDENTIAL INVESTMENT (NRZ) stock?
NEW RESIDENTIAL INVESTMENT (NRZ) has an RSI value of 67.8555. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NEW RESIDENTIAL INVESTMENT?
The MACD indicator for NEW RESIDENTIAL INVESTMENT (NRZ) has a value of 0.149872, indicating a bearish trend.
What is the support and resistance level for NRZ stock?
NEW RESIDENTIAL INVESTMENT (NRZ) has a support level at 10.68 and a resistance level at 11.04. Check the full technical report for our detailed analysis of NRZ support and resistance levels.