NUANCE COMMUNICATIONS INC (NUAN) Stock Technical Analysis
NASDAQ:NUAN - Nasdaq - Common Stock
Taking everything into account, NUAN scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NUAN is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
NUAN is one of the better performing stocks in the Software industry, it outperforms 85% of 283 stocks in the same industry.
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.
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.
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.
More info and screens
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.
When analyzing the resistance we notice one important 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.
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. |
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)
55.99
+0.01 (+0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
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
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