Overall NURO gets a technical rating of 6 out of 10. Although NURO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
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.
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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.
When analyzing the resistance we notice one important 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. |
4.58
+0.22 (+5.05%)
NEUROMETRIX INC / NURO FAQ
Can you provide the ChartMill technical rating for NEUROMETRIX INC?
ChartMill assigns a technical rating of 6 / 10 to NURO.
What is the trend direction for NURO stock?
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 short term momentum for NEUROMETRIX INC (NURO) stock?
The short term momentum for NEUROMETRIX INC (NURO) is neutral.
What is the support and resistance level for NURO stock?
NEUROMETRIX INC (NURO) has a support level at 4.4 and a resistance level at 4.58. Check the full technical report for our detailed analysis of NURO support and resistance levels.