Logo image of NUAN

NUANCE COMMUNICATIONS INC (NUAN) Stock Technical Analysis

USA - NASDAQ:NUAN - Common Stock

55.99
+0.01 (+0.02%)
Last: 3/3/2022, 8:00:27 PM
56
+0.01 (+0.02%)
After Hours: 3/3/2022, 8:00:27 PM
Technical Rating and Analysis

8

Overall NUAN gets a technical rating of 8 out of 10. Both in the recent history as in the last year, NUAN has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
NUAN is one of the better performing stocks in the Software industry, it outperforms 80% of 284 stocks in the same industry.
A new 52 week high is currently being made by NUAN, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
NUAN has an average volume of 5857670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, NUAN did better than 91% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month NUAN has a been trading in a tight range between 55.05 and 56.00.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
NUANCE COMMUNICATIONS INC / NUAN Weekly stock chart
NUANCE COMMUNICATIONS INC / NUAN Daily stock chart
Setup Rating and Analysis

3

Although NUAN has an excellent technical rating, it does not offer a high quality setup 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.

Support and Resistance Analysis

53.92

56.56

When analyzing the support we notice one important area.

  • A support zone ranging from 54.46 to 55.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 56.00 to 56.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for NUAN is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for NUAN is up.
ChartMill Relative Strength91.05POSITIVENUAN has a high relative strength, it outperformed 91.05% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of NUAN is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of NUAN is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of NUAN is above the rising SMA(200).
Relative Strength Index/RSI (14)73.31OVERBOUGHTThe high RSI value suggests NUAN may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.07POSITIVEThe MACD value suggests NUAN has a positive trend.
Stochastics (14,3)95.91OVERBOUGHTThe high Stochastics value suggests NUAN may be overbought.
Average True Range in percent/ATR (20)0.35LOW VOLATILITYThe low ATR as a percentage value for NUAN suggests low volalility.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NUANCE COMMUNICATIONS INC / NUAN Daily stock chart

NUANCE COMMUNICATIONS INC

NASDAQ:NUAN (3/3/2022, 8:00:27 PM)

After market: 56 +0.01 (+0.02%)

55.99

+0.01 (+0.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustrySoftware
Performance
% Chg0.02%
1 Week1.39%
2 Weeks1.28%
1 Month1.05%
3 Month1.67%
6 Month1.41%
12 Month31.49%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%0.35%
ATR Inc24.15%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.05
3 months CRSN/A
6 months CRSN/A
Mansfield0.46
10 Day High56
10 Day Low55.06
20 Day High56
20 Day Low55.06
52 Week High56
52 Week Low39.93
CS1 End55.57
CR1 Start56
Volume & EV
DER(3)-3.78%
DER(5)0.84%
Volume15.93M
Volume Incr55.35%
Vol(5)9.02M
Vol(50)5.86M

NUANCE COMMUNICATIONS INC / NUAN FAQ

What is the technical rating for NUAN stock?

ChartMill assigns a technical rating of 7 / 10 to NUAN.


What is the trend direction for NUAN stock?

The current trend direction for NUANCE COMMUNICATIONS INC (NUAN) is Bullish.


What is the RSI signal for NUANCE COMMUNICATIONS INC (NUAN) stock?

NUANCE COMMUNICATIONS INC (NUAN) has an RSI value of 73.3145. This indicates that the stock is currently overbought.


Can you provide the MACD signal for NUANCE COMMUNICATIONS INC?

The MACD indicator for NUANCE COMMUNICATIONS INC (NUAN) has a value of 0.0745382, indicating a bearish trend.


What is the buy/sell signal for NUANCE COMMUNICATIONS INC (NUAN) stock?

The buy/sell signal for NUANCE COMMUNICATIONS INC (NUAN) is buy as both the short term and long term trends are positive.