NUTEX HEALTH INC (NUTX) Stock Technical Analysis
USA - NASDAQ:NUTX - US67079U3068 - Common Stock
112.19 USD
+12.99 (+13.09%)
124 USD
+11.81 (+10.53%)
Overall NUTX gets a technical rating of 6 out of 10. 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.
When comparing the yearly performance of all stocks, we notice that NUTX is one of the better performing stocks in the market, outperforming 98% of all stocks.
NUTX is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 95% of 100 stocks in the same industry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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 94.45 - 139.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, NUTX does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
85.70
128.23
3 important support areas can be observed.
- A support zone ranging from 107.11 to 108.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 99.20 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.
We can see 2 important resistance areas.
- Resistance @117.02 from a trend line in the weekly time frame.
- A resistance zone ranging from 125.57 to 126.96. 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 | 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 | 98.06 | POSITIVE | NUTX has a high relative strength, it outperformed 98.06% 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) | 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) | 49.49 | NEUTRAL | The RSI value for NUTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.73 | NEGATIVE | The MACD value suggests NUTX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.24 | NEUTRAL | The Stochastics value for NUTX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.73 | HIGH VOLATILITY | The high ATR as a percentage value for NUTX suggests high volalility. |
| Average Directional Index/ADX (14) | 22.51 | 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)
112.19
+12.99 (+13.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg13.09%
1 Week-7.78%
2 Weeks-14.57%
1 Month-1.85%
3 Month21.42%
6 Month-29.86%
12 Month240.9%
2 Year293.24%
3 Year-51.75%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)11.22
ATR(20)%9.73%
ATR Inc97.16%
Range Today14.81
ADR(20)9.83
ADR(20)%8.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.06
3 months CRS90.93
6 months CRS9.92
Mansfield1.59
10 Day High131.08
10 Day Low94.45
20 Day High139
20 Day Low94.45
52 Week High184.28
52 Week Low28.12
CS1 End108.51
CR1 Start117.02
Volume & EV
DER(3)0.32%
DER(5)-0.71%
Volume301.40K
Volume Incr48.1%
Vol(5)153.52K
Vol(50)125.26K
NUTEX HEALTH INC / NUTX FAQ
What is the ChartMill technical rating of NUTEX HEALTH INC (NUTX) stock?
ChartMill assigns a technical rating of 7 / 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 49.4913. 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 -2.73099, indicating a bearish trend.