NXU INC (NXU) Technical Analysis
NASDAQ:NXU • US62956D2045
Current stock price
NXU Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to NXU. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, NXU is a bad performer in the overall market: 99% of all stocks are doing better.
- NXU is one of the lesser performing stocks in the Specialty Retail industry. 88% of 124 stocks in the same industry do better.
- NXU is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so NXU is lagging the market.
- In the last month NXU has a been trading in the 1.84 - 5.86 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.
- NXU has an average volume of 11470200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
NXU Weekly and Daily overview Charts
NXU Setup Rating and Analysis
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.
More info and screens
NXU Support and Resistance Analysis
2.43
We can see 2 important resistance areas.
- Resistance @4.31 from a trend line in the daily time frame.
- Resistance @5.51 from a horizontal line in the daily time frame.
NXU 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 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. |
NXU Chart- and CandleStick Pattern Analysis
NXU Technicals: Chart, Performance Metrics, Trend & Indicators
2.45
-0.1 (-3.92%)
NXU INC / NXU TA FAQ
Can you provide the ChartMill technical rating for NXU INC?
ChartMill assigns a technical rating of 0 / 10 to NXU.
What is the trend direction for NXU stock?
The current trend direction for NXU INC (NXU) is Bearish.
Can you provide the RSI signal for NXU INC?
NXU INC (NXU) has an RSI value of 33.9434. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NXU INC?
The MACD indicator for NXU INC (NXU) has a value of -0.097521, indicating a bearish trend.
What is the short term momentum for NXU INC (NXU) stock?
The short term momentum for NXU INC (NXU) is negative.