NXU INC (NXU) Stock Technical Analysis
NASDAQ:NXU - Nasdaq - US62956D2045 - Common Stock - Currency: USD
Taking everything into account, NXU scores 0 out of 10 in our technical rating. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
99% of all other stocks performed better in the past year than NXU.
NXU is one of the lesser performing stocks in the Specialty Retail industry. 95% of 121 stocks in the same industry do better.
NXU is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
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.
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
2.43
5.57
When analyzing the resistance we notice 2 important 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.
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. |
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)
2.45
-0.1 (-3.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-3.92%
1 Week-9.93%
2 Weeks-53.76%
1 Month-49.36%
3 Month-83.56%
6 Month-51.02%
12 Month-76.03%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.91
ATR(20)%32.32%
ATR Inc144.42%
Range Today1.62
ADR(20)0.7
ADR(20)%28.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.34
Mansfield-6.16
10 Day High4.2
10 Day Low1.84
20 Day High5.86
20 Day Low1.84
52 Week High45
52 Week Low1.84
CS1 EndN/A
CR1 Start4.31
Volume & EV
DER(3)-3.13%
DER(5)-3.68%
Volume1.15M
Volume Incr102.07%
Vol(5)3.67M
Vol(50)11.47M