NEURONETICS INC (STIM) Stock Technical Analysis
NASDAQ:STIM • US64131A1051
Overall STIM gets a technical rating of 0 out of 10. STIM'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, STIM is a bad performer in the overall market: 91% of all stocks are doing better.
- STIM is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 68% of 185 stocks in the same industry do better.
- STIM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month STIM has a been trading in the 1.20 - 2.25 range, which is quite wide. It is currently trading near the lows of this range.
- STIM has an average volume of 2042620 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.
STIM has a poor technical rating and the quality of the setup is also not perfect 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
1.23
2 important support areas can be observed.
- A support zone ranging from 1.27 to 1.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.24 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @1.82 from a trend line in the daily time frame.
- Resistance @1.92 from a trend 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 STIM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for STIM is down. |
| ChartMill Relative Strength | 9.08 | NEGATIVE | STIM has a low relative strength, it was outperformed by 90.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of STIM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of STIM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of STIM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.26 | NEUTRAL | The RSI value for STIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests STIM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.23 | OVERSOLD | The low Stochastics value suggests STIM may be oversold. |
| Average True Range in percent/ATR (20) | 14.3 | HIGH VOLATILITY | The high ATR as a percentage value for STIM suggests high volalility. |
| Average Directional Index/ADX (14) | 16.07 | NEGATIVE | The low ADX value for STIM suggests a weak or negative trend. |
1.42
+0.08 (+5.97%)
NEURONETICS INC / STIM FAQ
What is the ChartMill technical rating of NEURONETICS INC (STIM) stock?
ChartMill assigns a technical rating of 0 / 10 to STIM.
What is the current trend direction of NEURONETICS INC (STIM) stock?
The current trend direction for NEURONETICS INC (STIM) is Bearish.
Can you provide the RSI signal for NEURONETICS INC?
NEURONETICS INC (STIM) has an RSI value of 44.2584. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NEURONETICS INC?
The MACD indicator for NEURONETICS INC (STIM) has a value of -0.0197432, indicating a bearish trend.
Can you provide the support and resistance levels for NEURONETICS INC?
NEURONETICS INC (STIM) has a support level at 1.29 and a resistance level at 1.82. Check the full technical report for our detailed analysis of STIM support and resistance levels.