NUTRIEN LTD (NTR) Stock Technical Analysis
USA - NYSE:NTR - CA67077M1086 - Common Stock
Overall NTR gets a technical rating of 9 out of 10. NTR has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Although NTR has an excellent technical rating, it does not present a decent entry opportunity 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.
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53.09
We found 3 important support areas.
- Support @58.94 from a trend line in the weekly time frame.
- A support zone ranging from 56.87 to 57.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 53.63 to 54.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @60.68 from a horizontal line in the daily time frame.
- A resistance zone ranging from 62.89 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 | NEUTRAL | NEUTRAL | The long term trend for NTR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NTR is up. |
| ChartMill Relative Strength | 80.77 | POSITIVE | NTR has a high relative strength, it outperformed 80.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NTR is above 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) | 58.17 | NEUTRAL | The RSI value for NTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests NTR has a positive trend. |
| Stochastics (14,3) | 83.6 | OVERBOUGHT | The high Stochastics value suggests NTR may be overbought. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for NTR suggests some volalility. |
| Average Directional Index/ADX (14) | 22.11 | NEUTRAL | The ADX value for NTR suggests a possible start of a new trend. |
59.37
+0.5 (+0.85%)
NUTRIEN LTD / NTR FAQ
What is the ChartMill technical rating of NUTRIEN LTD (NTR) stock?
ChartMill assigns a technical rating of 9 / 10 to NTR.
What is the current trend direction of NUTRIEN LTD (NTR) stock?
The current trend direction for NUTRIEN LTD (NTR) is Bearish.
What is the RSI signal for NUTRIEN LTD (NTR) stock?
NUTRIEN LTD (NTR) has an RSI value of 58.1694. This indicates that the stock is currently neutral.
What are the support and resistance levels for NUTRIEN LTD (NTR) stock?
NUTRIEN LTD (NTR) has a support level at 58.94 and a resistance level at 60.68. Check the full technical report for our detailed analysis of NTR support and resistance levels.