Overall NSU gets a technical rating of 6 out of 10. In the last year, NSU was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
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
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.
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. |
NYSEARCA:NSU (3/7/2019, 8:25:30 PM)
4.44
-0.01 (-0.22%)
NEVSUN RES LTD / NSU FAQ
What is the ChartMill technical rating of NEVSUN RES LTD (NSU) stock?
ChartMill assigns a technical rating of 5 / 10 to NSU.
Can you provide the trend direction for NEVSUN RES LTD?
The current trend direction for NEVSUN RES LTD (NSU) is Bullish.
Can you provide the RSI signal for NEVSUN RES LTD?
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.
What is the short term momentum for NSU stock?
The short term momentum for NEVSUN RES LTD (NSU) is negative.