NUTRIEN LTD (NTR) Stock Technical Analysis
NYSE:NTR - New York Stock Exchange, Inc. - CA67077M1086 - Common Stock - Currency: USD
Overall NTR gets a technical rating of 7 out of 10. Although NTR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
In the last month NTR has a been trading in the 57.23 - 65.08 range, which is quite wide. It is currently trading near the lows of this range.
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.
NTR is part of the Chemicals industry. There are 85 other stocks in this industry. NTR outperforms 78% of them.
NTR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NTR is lagging the market slightly.
NTR has an average volume of 2206930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that NTR is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
NTR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 58.11, a Stop Loss order could be placed below this zone.
More info and screens
48.65
63.53
When analyzing the support we can see 3 important areas.
- A support zone ranging from 57.72 to 59.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @50.27 from a trend line in the weekly time frame.
- Support @49.14 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 62.90 to 62.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for NTR is neutral. |
| ChartMill Relative Strength | 77.6 | POSITIVE | NTR has a high relative strength, it outperformed 77.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NTR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NTR is above the rising 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) | 53.92 | NEUTRAL | The RSI value for NTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests NTR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.49 | NEUTRAL | The Stochastics value for NTR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for NTR suggests some volalility. |
| Average Directional Index/ADX (14) | 21.18 | NEUTRAL | The ADX value for NTR suggests a possible start of a new trend. |
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)
59.99
+1.47 (+2.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg2.51%
1 Week2.3%
2 Weeks-3.2%
1 Month0.4%
3 Month26.56%
6 Month28.1%
12 Month20.15%
2 Year-12.92%
3 Year-29.97%
5 Year84.07%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.35
ATR(20)%2.1%
ATR Inc-5.92%
Range Today1.43
ADR(20)1.22
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.6
Mansfield0.93
10 Day High62.58
10 Day Low57.23
20 Day High65.08
20 Day Low57.23
52 Week High65.08
52 Week Low43.7
CS1 End58.11
CR1 Start62.9
Volume & EV
DER(3)1.24%
DER(5)0.75%
Volume1.78M
Volume Incr11.95%
Vol(5)2.39M
Vol(50)2.21M