Taking everything into account, NTNX scores 0 out of 10 in our technical rating. NTNX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of NTNX is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
46.09
2 important support areas can be observed.
- Support @47.31 from a horizontal line in the weekly time frame.
- Support @46.56 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 50.70 to 50.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @66.79 from a trend line in the daily time frame.
- Resistance @76.31 from a trend line in the weekly time frame.
- Resistance @83.07 from a horizontal line in the daily time frame.
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 NTNX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NTNX is down. |
| ChartMill Relative Strength | 11.56 | NEGATIVE | NTNX has a low relative strength, it was outperformed by 88.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NTNX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NTNX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NTNX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.11 | NEUTRAL | The RSI value for NTNX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.92 | POSITIVE | The MACD value suggests NTNX has a positive trend. |
| Stochastics (14,3) | 65 | NEUTRAL | The Stochastics value for NTNX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for NTNX suggests some volalility. |
| Average Directional Index/ADX (14) | 43.23 | POSITIVE | The high ADX value value for NTNX suggests a strong trend. |
50.69
+0.49 (+0.98%)
NUTANIX INC - A / NTNX FAQ
What is the technical rating for NTNX stock?
ChartMill assigns a technical rating of 0 / 10 to NTNX.
Can you provide the trend direction for NUTANIX INC - A?
The current trend direction for NUTANIX INC - A (NTNX) is Bearish.
What is the RSI signal for NTNX stock?
NUTANIX INC - A (NTNX) has an RSI value of 39.1102. This indicates that the stock is currently neutral.
What is the buy/sell signal for NTNX stock?
The buy/sell signal for NUTANIX INC - A (NTNX) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for NUTANIX INC - A (NTNX) stock?
NUTANIX INC - A (NTNX) has a support level at 47.31 and a resistance level at 50.7. Check the full technical report for our detailed analysis of NTNX support and resistance levels.