NU HOLDINGS LTD/CAYMAN ISL-A (NU) Stock Technical Analysis
USA - NYSE:NU - KYG6683N1034 - Common Stock
Taking everything into account, NU 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, NU is only an average performer.
Besides having an excellent technical rating, NU also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 16.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.32, a Stop Loss order could be placed below this zone.
More info and screens
11.82
We found 4 important support areas.
- A support zone ranging from 14.72 to 15.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.78 from a trend line in the weekly time frame.
- Support @13.33 from a trend line in the daily time frame.
- Support @11.94 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 16.17 to 16.30. 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 | UP | POSITIVE | The long term trend for NU is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NU is neutral. |
| ChartMill Relative Strength | 75.99 | POSITIVE | NU has a high relative strength, it outperformed 75.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.76 | NEUTRAL | The RSI value for NU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests NU has a positive trend. |
| Stochastics (14,3) | 73.79 | NEUTRAL | The Stochastics value for NU is a neutral value. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for NU suggests some volalility. |
| Average Directional Index/ADX (14) | 21.38 | NEUTRAL | The ADX value for NU suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 16.31 | 14.55 | 1.76 (10.79%) | 9.27% |
| An entry @16.31. This is a Buy Stop order right above the resistance zone. | An exit @14.55. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.76 points, which is 10.79%. | When investing 9.27% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
15.84
-0.06 (-0.38%)
NU HOLDINGS LTD/CAYMAN ISL-A / NU FAQ
What is the technical rating for NU stock?
ChartMill assigns a technical rating of 7 / 10 to NU.
What is the trend direction for NU stock?
The current trend direction for NU HOLDINGS LTD/CAYMAN ISL-A (NU) is Bullish.
Can you provide the RSI signal for NU HOLDINGS LTD/CAYMAN ISL-A?
NU HOLDINGS LTD/CAYMAN ISL-A (NU) has an RSI value of 58.7555. This indicates that the stock is currently neutral.
What is the short term momentum for NU stock?
The short term momentum for NU HOLDINGS LTD/CAYMAN ISL-A (NU) is neutral.
What are the support and resistance levels for NU HOLDINGS LTD/CAYMAN ISL-A (NU) stock?
NU HOLDINGS LTD/CAYMAN ISL-A (NU) has a support level at 15.32 and a resistance level at 16.17. Check the full technical report for our detailed analysis of NU support and resistance levels.