NUTANIX INC - A (NTNX)

US67059N1081 - Common Stock

60.89  -0.18 (-0.29%)

After market: 59.51 -1.38 (-2.27%)

Technical Rating and Analysis

8

Overall NTNX gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, NTNX did better than 97% of all other stocks. We also observe that the gains produced by NTNX over the past year are nicely spread over this period.
NTNX is one of the better performing stocks in the Software industry, it outperforms 92% of 276 stocks in the same industry.
NTNX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NTNX is performing more or less in line with the market.
NTNX has an average volume of 2783130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month NTNX has a been trading in the 58.10 - 66.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
NTNX Weekly chart
NTNX Daily chart
Setup Rating and Analysis

6

NTNX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 59.93, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

35.15

66.64

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 58.74 to 59.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @46.78 from a trend line in the weekly time frame.
  • Support @35.50 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 61.17 to 62.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 65.85 to 65.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.35
Mansfield3.3
10 Day High66.98
10 Day Low58.1
20 Day High66.98
20 Day Low58.1
52 Week High66.99
52 Week Low23.8
Performance
1 Week0.3%
2 Weeks-7.14%
1 Month-4.44%
3 Month10.57%
6 Month75.37%
12 Month153.92%
2 Year143.27%
3 Year125.18%
5 Year40.98%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.44
RSI(14)46.5
LBB57.62
UBB67.18
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
62.4058.733.67 (5.88%)17.00%
An entry @62.40. This is a Buy Stop order right above the resistance zone.An exit @58.73. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 3.67 points, which is 5.88%.When investing 17.00% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NTNX Daily chart

NUTANIX INC - A

NASDAQ:NTNX (4/24/2024, 7:19:55 PM)

After market: 59.51 -1.38 (-2.27%)

60.89

-0.18 (-0.29%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.29%
1 Week0.3%
2 Weeks-7.14%
1 Month-4.44%
3 Month10.57%
6 Month75.37%
12 Month153.92%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.16
ATR(20)%3.76%
ATR Inc
Range Today1.49
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High66.98
10 Day Low58.1
20 Day High66.98
20 Day Low58.1
52 Week High66.99
52 Week Low23.8
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume978.70K
Volume Incr-12.15%
Vol(5)2.10M
Vol(50)2.78M