NANOSTRING TECHNOLOGIES INC (NSTG) Technical Analysis
NASDAQ:NSTG • US63009R1095
Current stock price
NSTG Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to NSTG. NSTG'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than NSTG.
- NSTG is part of the Life Sciences Tools & Services industry. There are 56 other stocks in this industry, of which 94% are performing better than NSTG.
- NSTG 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 NSTG is lagging the market.
- In the last month NSTG has a been trading in the 0.05 - 0.55 range, which is quite wide. It is currently trading near the lows of this range.
- NSTG has an average volume of 21287600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
NSTG Weekly and Daily overview Charts
NSTG Setup Rating and Analysis
The technical rating of NSTG is bad and it also does not present a 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
NSTG Support and Resistance Analysis
NSTG 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 NSTG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NSTG is down. |
| ChartMill Relative Strength | 0.06 | NEGATIVE | NSTG has a low relative strength, it was outperformed by 99.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NSTG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NSTG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NSTG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.6 | NEUTRAL | The RSI value for NSTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NSTG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.5 | NEUTRAL | The Stochastics value for NSTG is a neutral value. |
| Average True Range in percent/ATR (20) | 90.22 | HIGH VOLATILITY | The high ATR as a percentage value for NSTG suggests high volalility. |
| Average Directional Index/ADX (14) | 16.96 | NEGATIVE | The low ADX value for NSTG suggests a weak or negative trend. |
NSTG Chart- and CandleStick Pattern Analysis
NSTG Technicals: Chart, Performance Metrics, Trend & Indicators
0.1053
-0.06 (-37.43%)
NANOSTRING TECHNOLOGIES INC / NSTG TA FAQ
What is the ChartMill technical rating of NANOSTRING TECHNOLOGIES INC (NSTG) stock?
ChartMill assigns a technical rating of 0 / 10 to NSTG.
Can you provide the trend direction for NANOSTRING TECHNOLOGIES INC?
The current trend direction for NANOSTRING TECHNOLOGIES INC (NSTG) is Bearish.
Can you provide the RSI signal for NANOSTRING TECHNOLOGIES INC?
NANOSTRING TECHNOLOGIES INC (NSTG) has an RSI value of 34.6024. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NANOSTRING TECHNOLOGIES INC?
The MACD indicator for NANOSTRING TECHNOLOGIES INC (NSTG) has a value of -0.0146535, indicating a bearish trend.
Can you provide the short term momentum for NANOSTRING TECHNOLOGIES INC?
The short term momentum for NANOSTRING TECHNOLOGIES INC (NSTG) is negative.