NEUROMETRIX INC (NURO) Stock Technical Analysis
NASDAQ:NURO - Nasdaq - US6412558800 - Common Stock - Currency: USD
Overall NURO gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NURO is only an average performer.
Warning: NURO has an average volume of 6094 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
NURO is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 81% of 187 stocks in the same industry.
NURO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NURO is lagging the market slightly.
In the last month NURO has a been trading in the 4.26 - 4.69 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, NURO did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Volume is considerably higher in the last couple of days.
NURO has an average technical rating and it also 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
2.97
4.65
We found 2 important support areas.
- A support zone ranging from 4.31 to 4.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.00 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.58 to 4.60. 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 NURO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NURO is neutral. |
| ChartMill Relative Strength | 79.56 | POSITIVE | NURO has a high relative strength, it outperformed 79.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NURO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NURO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NURO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.66 | NEUTRAL | The RSI value for NURO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NURO has a positive trend. |
| Stochastics (14,3) | 59.69 | NEUTRAL | The Stochastics value for NURO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for NURO suggests some volalility. |
| Average Directional Index/ADX (14) | 22.71 | NEUTRAL | The ADX value for NURO suggests a possible start of a new 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)
4.58
+0.22 (+5.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg5.05%
1 Week4.69%
2 Weeks4.57%
1 Month3.6%
3 Month6.26%
6 Month14.5%
12 Month6.51%
2 Year-43.32%
3 Year-86.96%
5 Year-72.48%
10 Year-99.83%
15 Year-99.98%
Volatility
ATR(14)0.11
ATR(20)%2.04%
ATR Inc100.62%
Range Today0.36
ADR(20)0.08
ADR(20)%1.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.56
Mansfield1.67
10 Day High4.69
10 Day Low4.26
20 Day High4.69
20 Day Low4.26
52 Week High4.73
52 Week Low2.66
CS1 End4.4
CR1 Start4.58
Volume & EV
DER(3)10.14%
DER(5)-3.83%
Volume35.50K
Volume Incr296.15%
Vol(5)12.34K
Vol(50)6.09K