NEXTTRIP INC (NTRP) Technical Analysis
NASDAQ:NTRP • US8265986096
Current stock price
NTRP Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to NTRP. NTRP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- NTRP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month NTRP has a been trading in the 2.50 - 4.09 range, which is quite wide. It is currently trading near the lows of this range.
- NTRP is one of the better performing stocks in the Software industry, it outperforms 82% of 272 stocks in the same industry.
- Looking at the yearly performance, NTRP did better than 70% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- Considerably lower volume is observed in the last couple of days.
NTRP Weekly and Daily overview Charts
NTRP Setup Rating and Analysis
NTRP has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
NTRP Support and Resistance Analysis
2.48
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.58 to 2.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.51 to 2.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- Resistance @3.16 from a horizontal line in the daily time frame.
- Resistance @3.32 from a trend line in the weekly time frame.
- Resistance @3.48 from a trend line in the weekly time frame.
- Resistance @3.57 from a trend line in the daily time frame.
- Resistance @3.80 from a horizontal line in the daily time frame.
NTRP Technical Indicator Signal Analysis
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 NTRP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NTRP is down. |
| ChartMill Relative Strength | 70.65 | POSITIVE | NTRP has a high relative strength, it outperformed 70.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NTRP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NTRP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NTRP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.89 | NEUTRAL | The RSI value for NTRP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests NTRP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.88 | NEUTRAL | The Stochastics value for NTRP is a neutral value. |
| Average True Range in percent/ATR (20) | 10.09 | HIGH VOLATILITY | The high ATR as a percentage value for NTRP suggests high volalility. |
| Average Directional Index/ADX (14) | 14.26 | NEGATIVE | The low ADX value for NTRP suggests a weak or negative trend. |
NTRP Chart- and CandleStick Pattern Analysis
NTRP Technicals: Chart, Performance Metrics, Trend & Indicators
2.75
+0.13 (+4.96%)
NEXTTRIP INC / NTRP TA FAQ
Can you provide the ChartMill technical rating for NEXTTRIP INC?
ChartMill assigns a technical rating of 1 / 10 to NTRP.
Can you provide the trend direction for NEXTTRIP INC?
The current trend direction for NEXTTRIP INC (NTRP) is Bearish.
What is the RSI signal for NEXTTRIP INC (NTRP) stock?
NEXTTRIP INC (NTRP) has an RSI value of 46.8934. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NEXTTRIP INC?
The MACD indicator for NEXTTRIP INC (NTRP) has a value of -0.035415, indicating a bearish trend.
What is the short term momentum for NTRP stock?
The short term momentum for NEXTTRIP INC (NTRP) is negative.