NUKKLEUS INC (NUKK) Stock Technical Analysis
NASDAQ:NUKK - Nasdaq - US67054R2031 - Common Stock - Currency: USD
Taking everything into account, NUKK scores 2 out of 10 in our technical rating. Although NUKK is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
NUKK is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month NUKK has a been trading in the 7.40 - 11.96 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.
NUKK is part of the Software industry. There are 282 other stocks in this industry. NUKK outperforms 87% of them.
When comparing the yearly performance of all stocks, we notice that NUKK is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Considerably lower volume is observed in the last couple of days.
NUKK has a poor technical rating and the quality of the setup is also not perfect 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
7.67
17.55
When analyzing the support we notice one important area.
- A support zone ranging from 7.75 to 7.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @9.21 from a trend line in the daily time frame.
- A resistance zone ranging from 9.90 to 10.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.47 from a trend line in the daily time frame.
- Resistance @17.38 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for NUKK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NUKK is down. |
| ChartMill Relative Strength | 95.78 | POSITIVE | NUKK has a high relative strength, it outperformed 95.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NUKK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NUKK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NUKK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.98 | NEUTRAL | The RSI value for NUKK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests NUKK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.52 | OVERSOLD | The low Stochastics value suggests NUKK may be oversold. |
| Average True Range in percent/ATR (20) | 10.7 | HIGH VOLATILITY | The high ATR as a percentage value for NUKK suggests high volalility. |
| Average Directional Index/ADX (14) | 16.96 | NEGATIVE | The low ADX value for NUKK suggests a weak or negative trend. |
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)
8.15
+0.25 (+3.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg3.16%
1 Week-7.18%
2 Weeks-28.38%
1 Month-23.4%
3 Month-41.32%
6 Month-72.37%
12 Month218.36%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%10.7%
ATR Inc-38%
Range Today0.63
ADR(20)0.85
ADR(20)%10.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.78
Mansfield-3.26
10 Day High11.45
10 Day Low7.4
20 Day High11.96
20 Day Low7.4
52 Week High78.32
52 Week Low1.3
CS1 End7.89
CR1 Start9.21
Volume & EV
DER(3)0.72%
DER(5)-2.53%
Volume234.40K
Volume Incr-60.91%
Vol(5)235.74K
Vol(50)382.60K