NEW RESIDENTIAL INVESTMENT (NRZ) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NRZ - US64828T2015 - REIT
We assign a technical rating of 6 out of 10 to NRZ. In the last year, NRZ was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
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.
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8.67
4 important support areas can be observed.
- 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.
2 important resistance areas can be observed.
- 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.
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. |
10.89
-0.02 (-0.18%)
NEW RESIDENTIAL INVESTMENT / NRZ FAQ
Can you provide the ChartMill technical rating for NEW RESIDENTIAL INVESTMENT?
ChartMill assigns a technical rating of 6 / 10 to NRZ.
What is the current trend direction of NEW RESIDENTIAL INVESTMENT (NRZ) stock?
The current trend direction for NEW RESIDENTIAL INVESTMENT (NRZ) is Bearish.
What is the RSI signal for NRZ stock?
NEW RESIDENTIAL INVESTMENT (NRZ) has an RSI value of 67.8555. This indicates that the stock is currently neutral.
What is the MACD signal for NRZ stock?
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.