NUTEX HEALTH INC (NUTX) Stock Technical Analysis
NASDAQ:NUTX - Nasdaq - US67079U3068 - Common Stock - Currency: USD
Overall NUTX gets a technical rating of 6 out of 10. In the last year, NUTX was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month NUTX has a been trading in the 106.92 - 169.99 range, which is quite wide. It is currently trading near the lows of this range.
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 part of the Health Care Providers & Services industry. There are 103 other stocks in this industry. NUTX outperforms 100% of them.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
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.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, 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 119.92, a Stop Loss order could be placed below this zone.
More info and screens
62.15
124.14
3 important support areas can be observed.
- A support zone ranging from 119.86 to 119.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 113.89 to 115.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @62.78 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 122.91 to 122.91. 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 | UP | POSITIVE | The long term trend for NUTX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NUTX is down. |
| ChartMill Relative Strength | 99.88 | POSITIVE | NUTX has a high relative strength, it outperformed 99.88% 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) | 46.42 | NEUTRAL | The RSI value for NUTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.71 | NEGATIVE | The MACD value suggests NUTX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.62 | NEUTRAL | The Stochastics value for NUTX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.42 | HIGH VOLATILITY | The high ATR as a percentage value for NUTX suggests high volalility. |
| Average Directional Index/ADX (14) | 23.4 | 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)
122.9
+4.44 (+3.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg3.75%
1 Week7.91%
2 Weeks-1.62%
1 Month-25.7%
3 Month137.81%
6 Month285.87%
12 Month1965.89%
2 Year94.34%
3 Year-74.59%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)10.43
ATR(20)%9.42%
ATR Inc-37.52%
Range Today9.64
ADR(20)11.5
ADR(20)%9.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.88
Mansfield10.71
10 Day High136.81
10 Day Low106.92
20 Day High169.99
20 Day Low106.92
52 Week High184.28
52 Week Low4.16
CS1 End119.92
CR1 Start122.91
Volume & EV
DER(3)0.8%
DER(5)0.9%
Volume691.90K
Volume Incr71.98%
Vol(5)254.02K
Vol(50)163.09K