NUTEX HEALTH INC (NUTX) Stock Technical Analysis
NASDAQ:NUTX - US67079U3068 - Common Stock
83.79 USD
-4.6 (-5.2%)
83.84 USD
+0.05 (+0.06%)
Taking everything into account, NUTX scores 3 out of 10 in our technical rating. Although NUTX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month NUTX has a been trading in the 82.55 - 111.61 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.
Looking at the yearly performance, NUTX did better than 97% of all other stocks.
NUTX is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry. NUTX outperforms 97% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
NUTX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NUTX is lagging the market.
Considerably lower volume is observed in the last couple of days.
NUTX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 83.78, a Stop Loss order could be placed below this zone.
More info and screens
72.24
99.80
We found 2 important support areas.
- A support zone ranging from 83.78 to 83.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @72.97 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @96.18 from a horizontal line in the daily time frame.
- Resistance @98.81 from a trend line in the daily 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 | DOWN | NEGATIVE | The short term trend for NUTX is down. |
| ChartMill Relative Strength | 97.36 | POSITIVE | NUTX has a high relative strength, it outperformed 97.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NUTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NUTX is below a declining 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) | 38.44 | NEUTRAL | The RSI value for NUTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests NUTX has a negative trend. |
| Stochastics (14,3) | 16.41 | OVERSOLD | The low Stochastics value suggests NUTX may be oversold. |
| Average True Range in percent/ATR (20) | 10.41 | HIGH VOLATILITY | The high ATR as a percentage value for NUTX suggests high volalility. |
| Average Directional Index/ADX (14) | 21.47 | 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)
83.79
-4.6 (-5.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-5.2%
1 Week-9.32%
2 Weeks-9.82%
1 Month-0.25%
3 Month-50.05%
6 Month52.62%
12 Month291.73%
2 Year101.73%
3 Year-79.23%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)9.74
ATR(20)%10.41%
ATR Inc-27.31%
Range Today7
ADR(20)8.52
ADR(20)%10.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.36
Mansfield0.84
10 Day High110
10 Day Low82.55
20 Day High111.61
20 Day Low82.55
52 Week High184.28
52 Week Low17.51
CS1 End83.78
CR1 Start96.18
Volume & EV
DER(3)-2.67%
DER(5)-0.57%
Volume175.80K
Volume Incr-26.6%
Vol(5)168.62K
Vol(50)277.38K