NANOSTRING TECHNOLOGIES INC (NSTG) Stock Technical Analysis
NASDAQ:NSTG - Nasdaq - US63009R1095 - Common Stock - Currency: USD
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.
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, NSTG is a bad performer in the overall market: 100% of all stocks are doing better.
NSTG is one of the lesser performing stocks in the Life Sciences Tools & Services industry. 98% of 55 stocks in the same industry do better.
NSTG 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 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.
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
0.10
0.11
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. |
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)
0.1053
-0.06 (-37.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-37.43%
1 Week14.83%
2 Weeks-74.58%
1 Month-74.34%
3 Month-91.77%
6 Month-96.13%
12 Month-99.03%
2 Year-99.7%
3 Year-99.85%
5 Year-99.59%
10 Year-99.44%
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%90.22%
ATR Inc-19.44%
Range Today0.04
ADR(20)0.08
ADR(20)%72.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.06
Mansfield-9.77
10 Day High0.55
10 Day Low0.05
20 Day High0.55
20 Day Low0.05
52 Week High11.02
52 Week Low0.05
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-1.78%
DER(5)-0.54%
Volume23.06M
Volume Incr3311.27%
Vol(5)184.49M
Vol(50)21.29M