USA - NASDAQ:NXU - US62956D2045 - Common Stock
Overall NXU gets a technical rating of 0 out of 10. NXU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of NXU is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
2.43
When analyzing the resistance we notice 2 important areas.
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 NXU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NXU is down. |
| ChartMill Relative Strength | 1.34 | NEGATIVE | NXU has a low relative strength, it was outperformed by 98.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NXU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NXU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NXU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.94 | NEUTRAL | The RSI value for NXU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests NXU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.1 | OVERSOLD | The low Stochastics value suggests NXU may be oversold. |
| Average True Range in percent/ATR (20) | 32.32 | HIGH VOLATILITY | The high ATR as a percentage value for NXU suggests high volalility. |
| Average Directional Index/ADX (14) | 18.25 | NEGATIVE | The low ADX value for NXU suggests a weak or negative trend. |
2.45
-0.1 (-3.92%)
ChartMill assigns a technical rating of 0 / 10 to NXU.
The current trend direction for NXU INC (NXU) is Bearish.
NXU INC (NXU) has an RSI value of 33.9434. This indicates that the stock is currently neutral.
The buy/sell signal for NXU INC (NXU) is sell as both the short term and long term trends are negative.
NXU INC (NXU) has a resistance level at 4.31. Check the full technical report for our detailed analysis of NXU support and resistance levels.