INSIGHT ENTERPRISES INC (NSIT) Technical Analysis
NASDAQ:NSIT • US45765U1034
Current stock price
NSIT Technical Rating and Analysis
Taking everything into account, NSIT scores 0 out of 10 in our technical rating. NSIT'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, NSIT is a bad performer in the overall market: 91% of all stocks are doing better.
- NSIT is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 80% of 124 stocks in the same industry do better.
- NSIT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NSIT is lagging the market.
- NSIT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
NSIT Weekly and Daily overview Charts
NSIT Setup Rating and Analysis
NSIT has a poor technical rating and the quality of the setup is also not perfect 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
NSIT Support and Resistance Analysis
68.21
3 important resistance areas can be observed.
- A resistance zone ranging from 75.54 to 77.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 79.91 to 80.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @106.00 from a trend line in the weekly time frame.
NSIT 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 NSIT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NSIT is down. |
| ChartMill Relative Strength | 9.09 | NEGATIVE | NSIT has a low relative strength, it was outperformed by 90.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NSIT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NSIT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NSIT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.97 | NEUTRAL | The RSI value for NSIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests NSIT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.85 | OVERSOLD | The low Stochastics value suggests NSIT may be oversold. |
| Average True Range in percent/ATR (20) | 5.28 | HIGH VOLATILITY | The high ATR as a percentage value for NSIT suggests high volalility. |
| Average Directional Index/ADX (14) | 38.07 | POSITIVE | The high ADX value value for NSIT suggests a strong trend. |
NSIT Chart- and CandleStick Pattern Analysis
NSIT Technicals: Chart, Performance Metrics, Trend & Indicators
68.9
+1.85 (+2.76%)
INSIGHT ENTERPRISES INC / NSIT TA FAQ
Can you provide the ChartMill technical rating for INSIGHT ENTERPRISES INC?
ChartMill assigns a technical rating of 0 / 10 to NSIT.
What is the trend direction for NSIT stock?
The current trend direction for INSIGHT ENTERPRISES INC (NSIT) is Bearish.
What is the RSI signal for INSIGHT ENTERPRISES INC (NSIT) stock?
INSIGHT ENTERPRISES INC (NSIT) has an RSI value of 39.9691. This indicates that the stock is currently neutral.
What is the MACD signal for INSIGHT ENTERPRISES INC (NSIT) stock?
The MACD indicator for INSIGHT ENTERPRISES INC (NSIT) has a value of -0.155894, indicating a bearish trend.
Can you provide the short term momentum for INSIGHT ENTERPRISES INC?
The short term momentum for INSIGHT ENTERPRISES INC (NSIT) is negative.