Taking everything into account, NTNX scores 0 out of 10 in our technical rating. NTNX'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 technical rating of NTNX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
47.86
We can see 3 important resistance areas.
- A resistance zone ranging from 69.22 to 69.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @76.94 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 | 12.16 | NEGATIVE | NTNX has a low relative strength, it was outperformed by 87.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NTNX is below 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) | 17.08 | OVERSOLD | The low RSI value suggests NTNX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.49 | NEGATIVE | The MACD value suggests NTNX has a negative trend. |
| Stochastics (14,3) | 8.08 | OVERSOLD | The low Stochastics value suggests NTNX may be oversold. |
| Average True Range in percent/ATR (20) | 5.66 | HIGH VOLATILITY | The high ATR as a percentage value for NTNX suggests high volalility. |
| Average Directional Index/ADX (14) | 34.57 | POSITIVE | The high ADX value value for NTNX suggests a strong trend. |
48.34
-10.43 (-17.75%)
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 17.0839. This indicates that the stock is currently oversold.
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 resistance level at 69.22. Check the full technical report for our detailed analysis of NTNX support and resistance levels.