NEVSUN RES LTD (NSU) Technical Analysis
NYSEARCA:NSU
Current stock price
NSU Technical Rating and Analysis
Taking everything into account, NSU scores 6 out of 10 in our technical rating. NSU was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- When comparing the yearly performance of all stocks, we notice that NSU is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, NSU also shows a nice and consistent pattern of rising prices.
- NSU is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- In the last month NSU has a been trading in a tight range between 4.44 and 4.57.
- Considerably lower volume is observed in the last couple of days.
NSU Weekly and Daily overview Charts
NSU Setup Rating and Analysis
NSU has an average technical rating and it also does not offer a high 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
NSU Support and Resistance Analysis
4.27
We found 1 important support area.
- A support zone ranging from 4.31 to 4.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 4.48 to 4.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
NSU 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 | UP | POSITIVE | The long term trend for NSU is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NSU is down. |
| ChartMill Relative Strength | 96.14 | POSITIVE | NSU has a high relative strength, it outperformed 96.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NSU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NSU is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NSU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.91 | NEUTRAL | The RSI value for NSU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NSU has a negative trend. |
| Stochastics (14,3) | 7.41 | OVERSOLD | The low Stochastics value suggests NSU may be oversold. |
| Average True Range in percent/ATR (20) | 0.74 | LOW VOLATILITY | The low ATR as a percentage value for NSU suggests low volalility. |
NSU Chart- and CandleStick Pattern Analysis
NSU Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:NSU (3/7/2019, 8:25:30 PM)
4.44
-0.01 (-0.22%)
NEVSUN RES LTD / NSU TA FAQ
What is the ChartMill technical rating of NEVSUN RES LTD (NSU) stock?
ChartMill assigns a technical rating of 5 / 10 to NSU.
What is the trend direction for NSU stock?
The current trend direction for NEVSUN RES LTD (NSU) is Bullish.
What is the RSI signal for NSU stock?
NEVSUN RES LTD (NSU) has an RSI value of 35.911. This indicates that the stock is currently neutral.
What is the MACD signal for NSU stock?
The MACD indicator for NEVSUN RES LTD (NSU) has a value of -0.0122251, indicating a bearish trend.
Can you provide the support and resistance levels for NEVSUN RES LTD?
NEVSUN RES LTD (NSU) has a support level at 4.34 and a resistance level at 4.48. Check the full technical report for our detailed analysis of NSU support and resistance levels.