NEW ERA ENERGY & DIGITAL INC (NUAI) Technical Analysis
NASDAQ:NUAI • US64428N1090
Current stock price
NUAI Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to NUAI. NUAI performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- 100% of all other stocks performed better in the past year than NUAI.
- NUAI is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 94% of 209 stocks in the same industry do better.
- In the last month NUAI has a been trading in the 4.08 - 6.34 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- NUAI has an average volume of 5067320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
NUAI Weekly and Daily overview Charts
NUAI Setup Rating and Analysis
Although the technical rating is bad, NUAI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 4.26, a Stop Loss order could be placed below this zone.
More info and screens
NUAI Support and Resistance Analysis
3.18
We found 3 important support areas.
- A support zone ranging from 4.26 to 4.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @3.86 from a trend line in the daily time frame.
- Support @3.21 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 4.97 to 5.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.64 from a trend line in the daily time frame.
NUAI 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 | UP | POSITIVE | The long term trend for NUAI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NUAI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | NUAI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NUAI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NUAI is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 43.19 | NEUTRAL | The RSI value for NUAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests NUAI has a negative trend. |
| Stochastics (14,3) | 20.2 | NEUTRAL | The Stochastics value for NUAI is a neutral value. |
| Average True Range in percent/ATR (20) | 11.96 | HIGH VOLATILITY | The high ATR as a percentage value for NUAI suggests high volalility. |
| Average Directional Index/ADX (14) | 13.25 | NEGATIVE | The low ADX value for NUAI suggests a weak or negative trend. |
NUAI Chart- and CandleStick Pattern Analysis
NUAI Technicals: Chart, Performance Metrics, Trend & Indicators
4.45
-0.3 (-6.32%)
NEW ERA ENERGY & DIGITAL INC / NUAI TA FAQ
What is the technical rating for NUAI stock?
ChartMill assigns a technical rating of 2 / 10 to NUAI.
What is the trend direction for NUAI stock?
The current trend direction for NEW ERA ENERGY & DIGITAL INC (NUAI) is Bullish.
What is the RSI signal for NEW ERA ENERGY & DIGITAL INC (NUAI) stock?
NEW ERA ENERGY & DIGITAL INC (NUAI) has an RSI value of 43.1928. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NEW ERA ENERGY & DIGITAL INC?
The MACD indicator for NEW ERA ENERGY & DIGITAL INC (NUAI) has a value of -0.0337675, indicating a bearish trend.
Can you provide the support and resistance levels for NEW ERA ENERGY & DIGITAL INC?
NEW ERA ENERGY & DIGITAL INC (NUAI) has a support level at 4.26 and a resistance level at 4.97. Check the full technical report for our detailed analysis of NUAI support and resistance levels.