NUTRIBAND INC (NTRB) Stock Technical Analysis
NASDAQ:NTRB - US67092M2089 - Common Stock
6.41 USD
-0.04 (-0.62%)
6.25 USD
-0.16 (-2.5%)
Overall NTRB gets a technical rating of 2 out of 10. Although NTRB is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
NTRB 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.
When comparing the yearly performance of all stocks, we notice that NTRB is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
NTRB is an average performer in the Pharmaceuticals industry, it outperforms 69% of 193 stocks in the same industry.
NTRB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NTRB is lagging the market.
Considerably lower volume is observed in the last couple of days.
NTRB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 6.40, a Stop Loss order could be placed below this zone.
More info and screens
4.95
6.52
We found 4 important support areas.
- A support zone ranging from 6.32 to 6.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.21 from a horizontal line in the daily time frame.
- A support zone ranging from 5.88 to 5.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.00 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.42 to 6.46. 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 | DOWN | NEGATIVE | The long term trend for NTRB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NTRB is down. |
| ChartMill Relative Strength | 85.09 | POSITIVE | NTRB has a high relative strength, it outperformed 85.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NTRB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NTRB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NTRB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.97 | NEUTRAL | The RSI value for NTRB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NTRB has a positive trend. |
| Stochastics (14,3) | 21.48 | NEUTRAL | The Stochastics value for NTRB is a neutral value. |
| Average True Range in percent/ATR (20) | 6.94 | HIGH VOLATILITY | The high ATR as a percentage value for NTRB suggests high volalility. |
| Average Directional Index/ADX (14) | 18.05 | NEGATIVE | The low ADX value for NTRB suggests a weak or negative 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)
6.41
-0.04 (-0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.62%
1 Week3.05%
2 Weeks-3.75%
1 Month-9.97%
3 Month-1.38%
6 Month-11.83%
12 Month57.11%
2 Year99.69%
3 Year66.49%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%6.94%
ATR Inc-28.19%
Range Today0.23
ADR(20)0.44
ADR(20)%6.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.09
Mansfield-0.59
10 Day High6.68
10 Day Low6.05
20 Day High7.79
20 Day Low6.05
52 Week High11.78
52 Week Low3.72
CS1 End6.4
CR1 Start6.42
Volume & EV
DER(3)-4.13%
DER(5)-1.55%
Volume8.40K
Volume Incr-92.48%
Vol(5)14.68K
Vol(50)138.59K