NUTRIBAND INC (NTRB) Stock Technical Analysis
USA - NASDAQ:NTRB - US67092M2089 - Common Stock
7.48 USD
-0.22 (-2.86%)
7.2622 USD
-0.22 (-2.91%)
Taking everything into account, NTRB scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NTRB is only an average performer.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the performance of all stocks over the past year, NTRB turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
NTRB is part of the Pharmaceuticals industry. There are 195 other stocks in this industry, NTRB did better than 57% of them.
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.
In the last month NTRB has a been trading in the 6.70 - 8.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
NTRB 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 very little resistance above the current price. We notice that large players showed an interest for NTRB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.23
8.60
We found 3 important support areas.
- A support zone ranging from 7.23 to 7.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.85 to 6.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.29 to 6.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @7.52 from a horizontal line in the weekly time frame.
- Resistance @8.27 from a trend line in the daily time frame.
- Resistance @8.51 from a horizontal line in the daily time frame.
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 NTRB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NTRB is neutral. |
| ChartMill Relative Strength | 54.15 | NEUTRAL | NTRB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NTRB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NTRB is above the rising 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) | 51.82 | NEUTRAL | The RSI value for NTRB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests NTRB has a negative trend. |
| Stochastics (14,3) | 41.53 | NEUTRAL | The Stochastics value for NTRB is a neutral value. |
| Average True Range in percent/ATR (20) | 6.53 | HIGH VOLATILITY | The high ATR as a percentage value for NTRB suggests high volalility. |
| Average Directional Index/ADX (14) | 16.83 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.53 | 7.22 | 0.31 (4.12%) | 24.29% |
| An entry @7.53. This is a Buy Stop order right above the resistance zone. | An exit @7.22. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.31 points, which is 4.12%. | When investing 24.29% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of NTRB. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
7.48
-0.22 (-2.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-2.86%
1 Week-0.4%
2 Weeks0.67%
1 Month3.6%
3 Month-7.77%
6 Month48.12%
12 Month14.2%
2 Year232.44%
3 Year74.77%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%6.53%
ATR Inc-8.21%
Range Today0.45
ADR(20)0.47
ADR(20)%6.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.15
Mansfield0.62
10 Day High8.63
10 Day Low7.02
20 Day High8.63
20 Day Low6.7
52 Week High11.78
52 Week Low3.72
CS1 End7.33
CR1 Start7.52
Volume & EV
DER(3)0.91%
DER(5)5.65%
Volume15.91K
Volume Incr-55.8%
Vol(5)13.76K
Vol(50)96.82K