We assign a technical rating of 1 out of 10 to NTRB. NTRB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, NTRB is a bad performer in the overall market: 91% of all stocks are doing better.
- NTRB is part of the Pharmaceuticals industry. There are 190 other stocks in this industry, of which 68% are performing better than NTRB.
- NTRB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month NTRB has a been trading in the 4.17 - 4.98 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 a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 4.81. Right above this resistance zone may be a good entry point.
More info and screens
4.31
When analyzing the support we notice one important area.
- Support @4.35 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 4.81 to 4.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 4.98 to 5.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.21 from a trend 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 | DOWN | NEGATIVE | The long term trend for NTRB is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NTRB is neutral. |
| ChartMill Relative Strength | 9.38 | NEGATIVE | NTRB has a low relative strength, it was outperformed by 90.62% off all stocks 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) | DOWN | MIXED | The current price of NTRB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NTRB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.13 | NEUTRAL | The RSI value for NTRB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests NTRB has a positive trend. |
| Stochastics (14,3) | 61.73 | NEUTRAL | The Stochastics value for NTRB is a neutral value. |
| Average True Range in percent/ATR (20) | 5.39 | HIGH VOLATILITY | The high ATR as a percentage value for NTRB suggests high volalility. |
| Average Directional Index/ADX (14) | 27.45 | POSITIVE | The high ADX value value for NTRB suggests a strong trend. |
4.79
+0.27 (+5.97%)
NUTRIBAND INC / NTRB FAQ
Can you provide the ChartMill technical rating for NUTRIBAND INC?
ChartMill assigns a technical rating of 1 / 10 to NTRB.
What is the trend direction for NTRB stock?
The current trend direction for NUTRIBAND INC (NTRB) is Bearish.
Can you provide the RSI signal for NUTRIBAND INC?
NUTRIBAND INC (NTRB) has an RSI value of 53.1307. This indicates that the stock is currently neutral.
What is the MACD signal for NUTRIBAND INC (NTRB) stock?
The MACD indicator for NUTRIBAND INC (NTRB) has a value of 0.058829, indicating a bearish trend.
Can you provide the support and resistance levels for NUTRIBAND INC?
NUTRIBAND INC (NTRB) has a support level at 4.35 and a resistance level at 4.81. Check the full technical report for our detailed analysis of NTRB support and resistance levels.