NUTEX HEALTH INC (NUTX) Technical Analysis
NASDAQ:NUTX • US67079U3068
Current stock price
NUTX Technical Rating and Analysis
Taking everything into account, NUTX scores 2 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- NUTX is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 79% of 100 stocks in the same industry.
- When comparing the yearly performance of all stocks, we notice that NUTX is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- NUTX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NUTX is lagging the market slightly.
- In the last month NUTX has a been trading in the 83.99 - 120.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NUTX Weekly and Daily overview Charts
NUTX Setup Rating and Analysis
Although the technical rating is bad, NUTX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 88.80, a Stop Loss order could be placed below this zone.
More info and screens
NUTX Support and Resistance Analysis
86.14
We found 1 important support area.
- A support zone ranging from 87.01 to 88.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 100.39 to 100.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
NUTX 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 | DOWN | NEGATIVE | The long term trend for NUTX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NUTX is down. |
| ChartMill Relative Strength | 84.59 | POSITIVE | NUTX has a high relative strength, it outperformed 84.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NUTX is above 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) | DOWN | NEGATIVE | The current price of NUTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.02 | NEUTRAL | The RSI value for NUTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2 | POSITIVE | The MACD value suggests NUTX has a positive trend. |
| Stochastics (14,3) | 63.33 | NEUTRAL | The Stochastics value for NUTX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.68 | HIGH VOLATILITY | The high ATR as a percentage value for NUTX suggests high volalility. |
| Average Directional Index/ADX (14) | 23.19 | NEUTRAL | The ADX value for NUTX suggests a possible start of a new trend. |
NUTX Chart- and CandleStick Pattern Analysis
NUTX Technicals: Chart, Performance Metrics, Trend & Indicators
100.38
+0.89 (+0.89%)
NUTEX HEALTH INC / NUTX TA FAQ
What is the ChartMill technical rating of NUTEX HEALTH INC (NUTX) stock?
ChartMill assigns a technical rating of 2 / 10 to NUTX.
Can you provide the trend direction for NUTEX HEALTH INC?
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 48.0173. 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 1.99794, indicating a bullish trend.
What is the buy/sell signal for NUTEX HEALTH INC (NUTX) stock?
The buy/sell signal for NUTEX HEALTH INC (NUTX) is sell as both the short term and long term trends are negative.