INSIGHT ENTERPRISES INC (NSIT) Stock Technical Analysis
NASDAQ:NSIT - Nasdaq - US45765U1034 - Common Stock - Currency: USD
Taking everything into account, NSIT scores 0 out of 10 in our technical rating. NSIT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
91% of all other stocks performed better in the past year than NSIT.
NSIT is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 85% of 124 stocks in the same industry do better.
NSIT is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month NSIT has a been trading in the 117.33 - 148.58 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of NSIT is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
118.71
147.20
We can see 2 important resistance areas.
- A resistance zone ranging from 136.51 to 139.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 145.44 to 145.74. This zone is formed by a combination of multiple trend lines 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 | 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 | 9.03 | NEGATIVE | NSIT has a low relative strength, it was outperformed by 90.97% 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) | 29.57 | OVERSOLD | The low RSI value suggests NSIT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.96 | NEGATIVE | The MACD value suggests NSIT has a negative trend. |
| Stochastics (14,3) | 5.37 | OVERSOLD | The low Stochastics value suggests NSIT may be oversold. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for NSIT suggests some volalility. |
| Average Directional Index/ADX (14) | 30.7 | POSITIVE | The high ADX value value for NSIT suggests a strong 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)
119.91
-0.49 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-0.41%
1 Week-17.64%
2 Weeks-14.28%
1 Month-15.78%
3 Month-9.77%
6 Month-28.4%
12 Month-36.12%
2 Year-25.1%
3 Year31.6%
5 Year100.5%
10 Year373.77%
15 Year816.04%
Volatility
ATR(14)5.47
ATR(20)%4.19%
ATR Inc15.67%
Range Today5.63
ADR(20)4.84
ADR(20)%4.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.03
Mansfield-3.14
10 Day High148.58
10 Day Low117.34
20 Day High148.58
20 Day Low117.34
52 Week High225.38
52 Week Low117.34
CS1 EndN/A
CR1 Start136.51
Volume & EV
DER(3)-1.36%
DER(5)0.46%
Volume546.30K
Volume Incr142.26%
Vol(5)582.32K
Vol(50)294.85K