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NUTANIX INC - A (NTNX) Stock Technical Analysis

NASDAQ:NTNX - Nasdaq - US67059N1081 - Common Stock - Currency: USD

77.72  +0.66 (+0.86%)

After market: 76.85 -0.87 (-1.12%)

Technical Rating and Analysis

10

Taking everything into account, NTNX scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, NTNX has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that NTNX is one of the better performing stocks in the market, outperforming 90% of all 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 77% of 283 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.
In the last month NTNX has a been trading in the 71.20 - 83.36 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
NTNX has an average volume of 2746400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
NUTANIX INC - A / NTNX Weekly stock chart
NUTANIX INC - A / NTNX Daily stock chart
Setup Rating and Analysis

4

NTNX has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

56.83

83.90

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 75.85 to 76.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @64.62 from a horizontal line in the daily time frame.
  • Support @60.99 from a trend line in the weekly time frame.
  • Support @59.64 from a trend line in the daily time frame.
  • Support @57.40 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 77.77 to 78.62. 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 82.77 to 83.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for NTNX is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for NTNX is up.
ChartMill Relative Strength90.6POSITIVENTNX has a high relative strength, it outperformed 90.6% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of NTNX is below the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of NTNX is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of NTNX is above the rising SMA(200).
Relative Strength Index/RSI (14)55.66NEUTRALThe RSI value for NTNX is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.8NEGATIVEThe MACD value suggests NTNX has a negative trend, although the MACD value is rising.
Stochastics (14,3)43.35NEUTRALThe Stochastics value for NTNX is a neutral value.
Average True Range in percent/ATR (20)3.31MEDIUM VOLATILITYThe ATR as a percentage value for NTNX suggests some volalility.
Average Directional Index/ADX (14)23.02NEUTRALThe ADX value for NTNX suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
NUTANIX INC - A / NTNX Daily stock chart

NUTANIX INC - A

NASDAQ:NTNX (6/3/2025, 8:00:02 PM)

After market: 76.85 -0.87 (-1.12%)

77.72

+0.66 (+0.86%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.86%
1 Week-1.62%
2 Weeks-6.44%
1 Month7.3%
3 Month10.38%
6 Month14.68%
12 Month48.41%
2 Year177.08%
3 Year431.24%
5 Year227.86%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.55
ATR(20)%3.31%
ATR Inc-23.86%
Range Today2.46
ADR(20)2.45
ADR(20)%3.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.6
Mansfield1.63
10 Day High82.27
10 Day Low72.41
20 Day High83.36
20 Day Low71.2
52 Week High83.36
52 Week Low43.35
CS1 End76.69
CR1 Start77.77
Volume & EV
DER(3)1.51%
DER(5)0.34%
Volume2.41M
Volume Incr78%
Vol(5)4.56M
Vol(50)2.75M