NUANCE COMMUNICATIONS INC (NUAN) Technical Analysis
NASDAQ:NUAN
Current stock price
NUAN Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to NUAN. 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 part of the Software industry. There are 272 other stocks in this industry. NUAN outperforms 92% of them.
- NUAN is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- 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.
- When comparing the yearly performance of all stocks, we notice that NUAN is one of the better performing stocks in the market, outperforming 91% of all 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.
NUAN Weekly and Daily overview Charts
NUAN Setup Rating and Analysis
Although NUAN has an excellent technical rating, it does not present a decent entry opportunity 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
NUAN Support and Resistance Analysis
53.92
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.
NUAN 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 NUAN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NUAN is up. |
| ChartMill Relative Strength | 91.05 | POSITIVE | NUAN has a high relative strength, it outperformed 91.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NUAN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NUAN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NUAN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.31 | OVERBOUGHT | The high RSI value suggests NUAN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests NUAN has a positive trend. |
| Stochastics (14,3) | 95.91 | OVERBOUGHT | The high Stochastics value suggests NUAN may be overbought. |
| Average True Range in percent/ATR (20) | 0.35 | LOW VOLATILITY | The low ATR as a percentage value for NUAN suggests low volalility. |
NUAN Chart- and CandleStick Pattern Analysis
NUAN Technicals: Chart, Performance Metrics, Trend & Indicators
55.99
+0.01 (+0.02%)
NUANCE COMMUNICATIONS INC / NUAN TA FAQ
What is the technical rating for NUAN stock?
ChartMill assigns a technical rating of 7 / 10 to NUAN.
What is the current trend direction of NUANCE COMMUNICATIONS INC (NUAN) stock?
The current trend direction for NUANCE COMMUNICATIONS INC (NUAN) is Bullish.
Can you provide the RSI signal for NUANCE COMMUNICATIONS INC?
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.