NUS Technical Analysis - NUSCO SPA

Technical Rating and Analysis

Taking everything into account, NUS scores 0 out of 10 in our technical rating. NUS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

When comparing the yearly performance of all stocks, NUS is a bad performer in the overall market: 90% of all stocks are doing better.

NUS is part of the Building Products industry. There are 23 other stocks in this industry, of which 72% are performing better than NUS.

NUS 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 NUS has a been trading in the 0.84 - 1.20 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.

The short term trend is negative, the long term trend is neutral. Not much exciting going on here.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of NUS is bad and it also does not present a 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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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.87

1.11

When analyzing the resistance we notice 2 important areas.

A resistance zone ranging from 0.98 to 1.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @1.10 from a trend line in the daily time frame.

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What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	NEUTRAL	NEUTRAL	The long term trend for NUS.MI is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for NUS.MI is down.
ChartMill Relative Strength	10.43	NEGATIVE	NUS.MI has a low relative strength, it was outperformed by 89.57% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of NUS.MI is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of NUS.MI is below a declining SMA(50).
Relative Strength Index/RSI (14)	35.28	NEUTRAL	The RSI value for NUS.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.03	NEGATIVE	The MACD value suggests NUS.MI has a negative trend.
Stochastics (14,3)	12.05	OVERSOLD	The low Stochastics value suggests NUS.MI may be oversold.
Average True Range in percent/ATR (20)	7.22	HIGH VOLATILITY	The high ATR as a percentage value for NUS.MI suggests high volalility.
Average Directional Index/ADX (14)	21.73	NEUTRAL	The ADX value for NUS.MI suggests a possible start of a new trend.