NUTEX HEALTH INC (NUTX) Stock Technical Analysis
USA - NASDAQ:NUTX - US67079U3068 - Common Stock
142.34 USD
+30.15 (+26.87%)
146 USD
+3.66 (+2.57%)
Overall NUTX gets a technical rating of 9 out of 10. NUTX has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, we notice that NUTX is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, NUTX also shows a nice and consistent pattern of rising prices.
NUTX is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 97% of 100 stocks in the same industry.
NUTX 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 NUTX is performing more or less in line with the market.
In the last month NUTX has a been trading in the 94.45 - 158.00 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NUTX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
85.70
143.76
When analyzing the support we can see 2 important areas.
- A support zone ranging from 99.65 to 99.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @86.57 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for NUTX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NUTX is neutral. |
| ChartMill Relative Strength | 99.07 | POSITIVE | NUTX has a high relative strength, it outperformed 99.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NUTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NUTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NUTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.84 | NEUTRAL | The RSI value for NUTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests NUTX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.67 | NEUTRAL | The Stochastics value for NUTX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.9 | HIGH VOLATILITY | The high ATR as a percentage value for NUTX suggests high volalility. |
| Average Directional Index/ADX (14) | 23.96 | NEUTRAL | The ADX value for NUTX 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)
142.34
+30.15 (+26.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg26.87%
1 Week30.82%
2 Weeks16.92%
1 Month21.35%
3 Month54.05%
6 Month-11.01%
12 Month332.51%
2 Year398.91%
3 Year-38.78%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)13.96
ATR(20)%8.9%
ATR Inc283.98%
Range Today33
ADR(20)10.94
ADR(20)%7.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.07
3 months CRS96.82
6 months CRS20.49
Mansfield4.81
10 Day High158
10 Day Low94.45
20 Day High158
20 Day Low94.45
52 Week High184.28
52 Week Low28.12
CS1 End99.76
CR1 StartN/A
Volume & EV
DER(3)1.95%
DER(5)0.65%
Volume528.60K
Volume Incr132.25%
Vol(5)239.76K
Vol(50)133.11K
NUTEX HEALTH INC / NUTX FAQ
What is the ChartMill technical rating of NUTEX HEALTH INC (NUTX) stock?
ChartMill assigns a technical rating of 9 / 10 to NUTX.
What is the trend direction for NUTX stock?
The current trend direction for NUTEX HEALTH INC (NUTX) is Bearish.
What is the RSI signal for NUTX stock?
NUTEX HEALTH INC (NUTX) has an RSI value of 63.8412. This indicates that the stock is currently neutral.
What is the MACD signal for NUTEX HEALTH INC (NUTX) stock?
The MACD indicator for NUTEX HEALTH INC (NUTX) has a value of -0.224949, indicating a bearish trend.