NU HOLDINGS LTD/CAYMAN ISL-A (NU) Stock Technical Analysis
USA - NYSE:NU - KYG6683N1034 - Common Stock
Overall NU gets a technical rating of 7 out of 10. 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.
NU has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 14.74, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
11.82
When analyzing the support we can see 4 important areas.
- A support zone ranging from 14.72 to 14.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @14.36 from a trend line in the weekly time frame.
- Support @13.76 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 15.69 to 16.39. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 80 | POSITIVE | NU has a high relative strength, it outperformed 80% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NU is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NU is below 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) | 47.52 | NEUTRAL | The RSI value for NU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests NU has a negative trend. |
| Stochastics (14,3) | 25.38 | NEUTRAL | The Stochastics value for NU is a neutral value. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for NU suggests some volalility. |
| Average Directional Index/ADX (14) | 17.49 | NEGATIVE | The low ADX value for NU suggests a weak or negative 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 |
|---|---|---|---|
| 15.95 | 15.31 | 0.64 (4.00%) | 25.00% |
| An entry @15.95. This is a Buy Stop order right above the 10 day moving average. | An exit @15.31. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.64 points, which is 4.00%. | For a 1.00% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NU. 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.
15.6
-0.22 (-1.39%)
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 47.5202. 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 14.74 and a resistance level at 15.69. Check the full technical report for our detailed analysis of NU support and resistance levels.