NEUROMETRIX INC (NURO) Technical Analysis
NASDAQ:NURO • US6412558800
Current stock price
NURO Technical Rating and Analysis
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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- NURO is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 86% of 184 stocks in the same industry.
- NURO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NURO is performing more or less in line with the market.
- 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.
- When comparing the yearly performance of all stocks, we notice that NURO is one of the better performing stocks in the market, outperforming 79% of all 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 Weekly and Daily overview Charts
NURO Setup Rating and Analysis
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
NURO Support and Resistance Analysis
2.97
When analyzing the support we can see 2 important 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.
NURO 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 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. |
NURO Chart- and CandleStick Pattern Analysis
NURO Technicals: Chart, Performance Metrics, Trend & Indicators
4.58
+0.22 (+5.05%)
NEUROMETRIX INC / NURO TA FAQ
Can you provide the ChartMill technical rating for NEUROMETRIX INC?
ChartMill assigns a technical rating of 6 / 10 to NURO.
Can you provide the trend direction for NEUROMETRIX INC?
The current trend direction for NEUROMETRIX INC (NURO) is Bullish.
What is the RSI signal for NURO stock?
NEUROMETRIX INC (NURO) has an RSI value of 64.6613. This indicates that the stock is currently neutral.
What is the MACD signal for NEUROMETRIX INC (NURO) stock?
The MACD indicator for NEUROMETRIX INC (NURO) has a value of 0.0114388, indicating a bearish trend.
Can you provide the short term momentum for NEUROMETRIX INC?
The short term momentum for NEUROMETRIX INC (NURO) is neutral.