INSIGHT ENTERPRISES INC (NSIT) Stock Technical Analysis
NASDAQ:NSIT - Nasdaq - US45765U1034 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to NSIT. 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, NSIT is a bad performer in the overall market: 88% of all stocks are doing better.
NSIT is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, of which 83% are performing better than NSIT.
NSIT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month NSIT has a been trading in the 126.96 - 139.72 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
NSIT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
126.82
140.71
We found 2 important support areas.
- Support @130.38 from a horizontal line in the weekly time frame.
- A support zone ranging from 128.10 to 128.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 134.23 to 139.32. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for NSIT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NSIT is neutral. |
| ChartMill Relative Strength | 12.92 | NEGATIVE | NSIT has a low relative strength, it was outperformed by 87.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NSIT is above 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) | 49.77 | NEUTRAL | The RSI value for NSIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.51 | POSITIVE | The MACD value suggests NSIT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.43 | NEUTRAL | The Stochastics value for NSIT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for NSIT suggests some volalility. |
| Average Directional Index/ADX (14) | 11.51 | NEGATIVE | The low ADX value for NSIT suggests a weak or negative 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)
134.22
+0.88 (+0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.66%
1 Week1.5%
2 Weeks1.56%
1 Month-1.11%
3 Month-11.36%
6 Month-15.55%
12 Month-31.99%
2 Year-8.28%
3 Year55.56%
5 Year172.81%
10 Year348.75%
15 Year919.91%
Volatility
ATR(14)3.89
ATR(20)%2.68%
ATR Inc38.38%
Range Today3.03
ADR(20)3.51
ADR(20)%2.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.92
Mansfield-2.6
10 Day High139.72
10 Day Low126.96
20 Day High139.72
20 Day Low126.96
52 Week High228.07
52 Week Low126.1
CS1 End130.38
CR1 Start134.23
Volume & EV
DER(3)-1.34%
DER(5)0.01%
Volume179.10K
Volume Incr-29.68%
Vol(5)227.18K
Vol(50)344.03K