NUTRIEN LTD (NTR) Technical Analysis
NYSE:NTR • CA67077M1086
Current stock price
NTR Technical Rating and Analysis
Overall NTR gets a technical rating of 4 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.
- NTR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Looking at the yearly performance, NTR did better than 70% of all other stocks.
- NTR has an average volume of 3841710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- NTR is an average performer in the Chemicals industry, it outperforms 61% of 82 stocks in the same industry.
- NTR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NTR is lagging the market.
- Considerably lower volume is observed in the last couple of days.
NTR Weekly and Daily overview Charts
NTR Setup Rating and Analysis
Although the technical rating is only medium, NTR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 71.48, a Stop Loss order could be placed below this zone.
More info and screens
NTR Support and Resistance Analysis
57.74
We found 4 important support areas.
- A support zone ranging from 69.86 to 71.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 67.48 to 67.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @59.54 from a trend line in the weekly time frame.
- Support @58.32 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 71.58 to 72.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @76.88 from a horizontal line in the daily time frame.
NTR 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NTR is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NTR is down. |
| ChartMill Relative Strength | 70.63 | POSITIVE | NTR has a high relative strength, it outperformed 70.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NTR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NTR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NTR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.83 | NEUTRAL | The RSI value for NTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests NTR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.01 | NEUTRAL | The Stochastics value for NTR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for NTR suggests some volalility. |
| Average Directional Index/ADX (14) | 17.16 | NEGATIVE | The low ADX value for NTR suggests a weak or negative trend. |
NTR Chart- and CandleStick Pattern Analysis
NTR Technicals: Chart, Performance Metrics, Trend & Indicators
71.57
-0.62 (-0.86%)
NUTRIEN LTD / NTR TA FAQ
What is the ChartMill technical rating of NUTRIEN LTD (NTR) stock?
ChartMill assigns a technical rating of 4 / 10 to NTR.
Can you provide the trend direction for NUTRIEN LTD?
The current trend direction for NUTRIEN LTD (NTR) is Bullish.
Can you provide the RSI signal for NUTRIEN LTD?
NUTRIEN LTD (NTR) has an RSI value of 43.8264. This indicates that the stock is currently neutral.
What is the buy/sell signal for NTR stock?
The buy/sell signal for NUTRIEN LTD (NTR) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for NUTRIEN LTD?
NUTRIEN LTD (NTR) has a support level at 71.48 and a resistance level at 71.58. Check the full technical report for our detailed analysis of NTR support and resistance levels.